[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Viole Kazakhstan Just BETRAYED Russia - Takes gunpowder out of Putin’s Hands Why CNN & Fareed Zakaria are Wrong About Iran and Trump Something Is Going Deeply WRONG In Russia 329 Rivers in China Exceed Flood Warnings, With 75,000 Dams in Critical Condition Command Of Russian Army 'Undermined' After 16 Of Putin's Generals Killed At War, UK Says Rickards: Superintelligence Will Never Arrive Which Countries Invest In The US The Most? The History of Barbecue ‘Pathetic’: Joe Biden tells another ‘tall tale’ during rare public appearance Lawsuit Reveals CDC Has ZERO Evidence Proving Vaccines Don't Cause Autism Trumps DOJ Reportedly Quietly Looking Into Criminal Charges Against Election Officials Volcanic Risk and Phreatic (Groundwater) eruptions at Campi Flegrei in Italy Russia Upgrades AGS-17 Automatic Grenade Launcher! They told us the chickenpox vaccine was no big deal—just a routine jab to “protect” kids from a mild childhood illness Pentagon creates new military border zone in Arizona For over 200 years neurological damage from vaccines has been noted and documented The killing of cardiologist in Gaza must be Indonesia's wake-up call Marandi: Israel Prepares Proxies for Next War with Iran? "Hitler Survived WW2 And I Brought Proof" Norman Ohler STUNS Joe Rogan CIA Finally Admits a Pyschological Warfare Agent from the Agency “Came into Contact” with Lee Harvey Oswald before JFK’s Assassination CNN Stunned As Majority Of Americans Back Trump's Mass Deportation Plan Israeli VS Palestinian Connections to the Land of Israel-Palestine Israel Just Lost Billions - Haifa and IMEC This Is The Income A Family Needs To Be Middle Class, By State One Big Beautiful Bubble": Hartnett Warns US Debt Will Exceed $50 Trillion By 2032 These Are The Most Stolen Cars In Every US State Earth Changes Summary - June 2025: Extreme Weather, Planetary Upheaval, China’s Tofu-Dreg High-Speed Rail Station Ceiling Suddenly Floods, Steel Bars Snap Russia Moves to Nationalize Country's Third Largest Gold Mining Firm

Business/Finance
See other Business/Finance Articles

Title: Iran vows to double oil exports after sanctions lifted
Source: [None]
URL Source: [None]
Published: Sep 20, 2015
Author: staff
Post Date: 2015-09-20 03:09:26 by Tatarewicz
Keywords: None
Views: 15

PressTV... Iran says it will increase its oil exports to almost double the current levels after sanctions against the country are lifted.

Iran says it will increase its oil exports to almost double the current levels after sanctions against the country are lifted.

Iran said on Sunday that it has serious plans to increase its oil exports to almost double the current levels after sanctions against the country are lifted.

Mansour Moazami, Iran’s deputy petroleum minister for planning and supervision affairs, has been quoted by the media as saying that Iran’s oil exports would reach 2.3 million barrels, compared with around 1.2 million barrels a day today.

“We are like a pilot on the runway ready to take off. This is how the whole country is right now,” Moazami has told the Wall Street Journal.

He added that Iran is presently is pushing to convince fellow members of the Organization of the Petroleum Exporting Countries (OPEC) to renew its quota system.

Iran is already in contact with former oil buyers in the European Union—traders such as Vitol Group and big oil producers such as Royal Dutch Shell PLC, Total SA and Eni SpA—and existing importers in Asia to help absorb the potential new shipments, the Journal report has added quoting Iran’s Ministry of Petroleum and the companies.

At its last meeting on June 5, Iran’s Petroleum Minister Bijan Zangeneh informed other OPEC ministers his country’s production would increase if sanctions are lifted and offered to reinstate the quotas.

Iran is currently negotiating with P5+1 group of countries – the five permanent members of the Security Council plus Germany – over a final nuclear agreement that envisages the lifting of certain economic sanctions against Iran in return for certain moves by the country to restrict some of its nuclear energy activities.

Some key sanctions that are expected to be removed are those that ban investments in Iran's oil and gas projects as well as Iran's sales of crude oil to the international market.

AA/AA

Comments [Jim in ZOG Amerika]

I'd like to see that oil refined and put to work building up the domestic physical economy in Iran.

Post Comment   Private Reply   Ignore Thread  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]