NIOC to Export First Oil Cargo from Jask PortThe National Iranian Oil Company (NIOC) will be able to export its first oil cargo from Jask terminal by the end of the current Iranian calendar year.
Iran expects increase in its crude oil exports to the European countries during the next two months, Ali Kardor, the country’s deputy oil minister, said.
Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday as saying, as the country tries to raise its crude exports to pre-sanctions levels; reuters reported.
Iran has a capacity to increase oil production to even 5.5-6 million barrels per day (mb/d), but not under the current situations, Fereydoun Barkeshli, former general manager at National Iranian Oil Company (NIOC) in OPEC and international affairs, told Trend.
