Iran’s outgoing administration has managed to increase crude production to 3.6 million barrels per day, Iran’s Oil Minister Javad Owji said on the sidelines of the Cabinet session.
According to the minister, the administration has already managed to increase oil production from 2.2 to 3.6 million bpd and is now planning to increase the daily output to 4 million barrels by the end of the current Iranian year, which falls on March 20, 2025.
The annual gas production increased by 53 million cubic meters, which marked a 5% growth, Owji added.
