Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Iran will begin ramping up its crude output within 10 days of sanctions being lifted, and hit its pre-sanctions output of 3.8mn b/d within six months, oil minister Bijan Zanganeh said this week, vowing once again to reclaim the market share Iran lost as a result of the sanctions.
Iran is potentially just weeks away from striking a final deal with the P5+1 group of world powers over its nuclear program, which should ultimately see the US and EU-led sanctions that resulted in the slashing of Iran’s crude production and exports to just 2.8mn b/d and 1.1-1.2mn b/d respectively, lifted soon after.
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE