After cancellation of sanctions Iran to increase oil production by 730 thousand barrels per day

Immediately after the lifting of sanctions, Iran may increase oil production by 730 thousand barrels per day as compared with the current figure.

Thus, after the lifting of the sanctions the production volume at Iranian oil fields, which produced about 2.87 million barrels of oil per day in July this year, may be increased to 3.4-3.6 million barrels of oil per day.

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