General

Iran’s oil output reaches nearly 3 mln bpd: Minister

Tehran, IRNA – Iranian Minister of Petroleum Javad Owji says that the country’s oil production has reached nearly 3 million barrels per day (bpd).

Speaking to reporters on the sidelines of a Cabinet session in Tehran on Wednesday, Owji said Iran’s capacity for producing light crude oil had increased by 200,000 bpd, allowing the country to boost its total output to around 3 million bpd.

He also noted the Petroleum Ministry is pursuing projects to improve the quality of fuel produced in the country’s refineries.

Owji said one such project had come on line in Isfahan Refinery in central Iran with some 15 million liters per day in Euro 5 diesel fuel production capacity.

He added two other fuel production units with Euro 5 standard will soon be launched in refineries in Abadan in southwest and in Tabriz in northwest Iran.

 

Source: Islamic Republic News Agency – IRNA