Iran’s crude exports to reach 1.5 MMbpd next month

February 17, 2016

TEHRAN, Iran -- Iran’s crude oil exports will reach 1.5 MMbpd next month as Tehran moves to benefit from sanctions relief.

"Today, our oil exports have reached 1.3 MMbpd, which will reach 1.5 MMbpd by March," Iran's first Vice President, Es’haq Jahangiri, said on Saturday.

He added that Iran will be exporting 2 MMbopd in the next Iranian calendar year, which starts on March 21.

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