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No Reduction in Oil Production on Agenda
No Reduction in Oil Production on Agenda
Sunday, July 01, 2018

No Reduction in Oil Production on Agenda

Sunday, July 01, 2018

No Reduction in Oil Production on Agenda

Notwithstanding the looming reimposition of US sanctions against Iran's energy industry, no reduction in oil output is on the agenda.
Ali Kardor, the chief executive officer of the state-run National Iranian Oil Company, made the statement, NIOC's news portal reported on Saturday.
 The official rejected fake news regarding the country’s plan to reduce crude production due to the looming sanctions, which will result in losing traditional customers.
Kardor said the country's oil production will remain constant at 3.9 million barrels per day.
 

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