Bloomberg agency reports that Iranian oil exports increased significantly in August, despite the US sanctions imposed on them since 2018.
Iranian oil flows increased to more than 2 million barrels per day
agency reported bloombergIran’s oil exports rose this month, describing the boom as “embarrassing for the United States,” which is still officially imposing sanctions that would restrict Iran’s shipments.
TankerTrackers, which provides data on oil shipments, estimates that Iran exported 2.2 million barrels per day of crude oil and condensate during the first 20 days of August.
And it stated, “It was already known that Iran’s shipments were on the rise, but the data for the month of August will represent a significant increase if it is maintained for the remainder of the period.”
About two weeks ago, the head of the National Iranian Oil Company, Mohsen Khajesteh Mehr, announced that the volume of oil production in Iran will approach next September to 3.5 million barrels per day, compared to what it was at the beginning of the current government, that is, two years ago, when It was 2.2 million barrels per day.
“Oil production in Iran will increase by 150,000 barrels per day within a week from now, and it will increase by another 100,000 barrels in late September, to approach 3.5 million barrels per day,” Khajseteh Mehr said.
He also revealed that the second half of the current Iranian year (which began on March 21) will witness the conclusion of agreements worth $8 billion to develop two common fields between Iran and other countries.
Reuters reported earlier that Iran’s crude oil exports this year reached their highest level in 5 years, despite US sanctions in 2018.
Also read: The World Bank: The Iranian economy grew by 4.7% in the fall of last year
2023-08-22 05:21:58
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