Majlis Committee Cuts Crude Export Forecast

The parliament cut the government's oil export forecast in the next fiscal budget from 2.3 million to 1.5 million barrels a day, head of the energy committee of the Majlis Budget Integration Commission said.
"The proposed 2.3 million-barrel ceiling was unrealistic and unlikely to be realized ... In the best-case scenario, the commission came to the conclusion that the National Iranian Oil Company will be able to export 1.5 million barrels," Malek Shariati-Niasar was quoted as saying by ISNA.
Income from selling 2.3 million barrels of crude a day in the domestic and international markets ($9 billion) is forecast in the 2021-2022 budget...