NIOC’s Oil Output, Exports Rise 

If development projects proceed as planned, Iran’s oil output can reach 5.7 million bpd in the next eight years
NIOC’s Oil Output, Exports Rise 
NIOC’s Oil Output, Exports Rise 

Iran’s oil production has increased by 600,000 barrels per day in the past 20 months compared with the earlier corresponding figures and stands at 3.84 million barrels per day now, the managing director of the National Iranian Oil Company said.
Mohsen Khojastehmehr also told IRNA Iran’s oil exports have doubled during the period and reached 1.4 million bpd. 
Visiting oil export facilities on the Persian Gulf’s Kharg Island, Khojastehmehr said all the facilities and logistics at Kharg have been repaired and modernized to help increase oil exports.
On the expansion of Iran's oil terminals, he said measures have been taken, including the overhaul of storage tanks and installation of a new storage facility with a capacity of 4 million barrels on Kharg Island and another one in Jask with 10 million barrels of capacity.


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