Iran Doubles Oil Exports in Post-JCPOA

National Iranian Oil Company (NIOC) announced on Monday that Iran`s oil exports have doubled after the implementation of Iran nuclear deal known as Joint Comprehensive Plan of Action (JCPOA).
 NIOC made the announcement as certain media had put under question Iran`s oil exports over the past few days. Iran`s average oil exports. including gas condensates used to stand at nearly 1.4 million bpd one year before Iran nuclear deal was reached. while the country`s oil exports including gas condensates rose to 2.9 million bpd on average a year later after the implementation of the deal. NIOC said. Iran`s oil exports. including gas condensates even sometimes exceeded 2.9 million bpd which indicates Iran`s oil exports have doubled after Iran nuclear deal.

About core

Check Also

Russia’s Crude is Trading at $15 above the Price Cap

Leave a Reply

Your email address will not be published. Required fields are marked *