INSUBCONTINENT EXCLUSIVE:
TEHRAN- National Iranian Oil Company (NIOC) is now ready to return to the maximum level of oil production, the NIOC director for supervising
oil and gas production stated.“This would be rapidly done if the country needs to increase export, or domestic refineries need more
feed”, Hormoz Qalavand stressed.In early April, Oil Minister Javad Oji had said that the country’s crude oil production has reached the
pre-sanction level.Saying that the current capacity of Iran’s oil production has reached more than 3.8 million barrels per day (bpd), the
minister said, “We hope that through the efforts of all those active in this sector, we will reach higher figures in the exports of crude
oil, gas condensate, oil products, and petrochemicals in [the current Iranian calendar year] 1400 (started on March 21)”.“By taking
effective measures in onshore and offshore oil fields, drilling new wells, repairing wells, rebuilding and modernizing facilities, and oil
collection centers, the current oil production capacity has reached before the sanctions, and we have no problem in performance and this
amount of production”, Oji added.MA/MA
