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Iran Oil Production Surpasses 3mbpd – Oil Minister

Iranian oil production has surpassed 3 million barrels per day, Iran's Oil Minister said earlier this month.

 

"Over the last 20 months, Iran's oil production has reached levels above 3 million barrels per day and natural gas output has reached more than 1 billion cubic meters," Javad Owji said.

 

Iran pumped 2.4 million barrels per day on average in 2021 and has been under U.S. sanctions since 2018 when the then-U.S. President Donald Trump withdrew from a 2015 nuclear deal allowing Tehran to sell oil globally.

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