ANKARA: Iran’s crude and condensate exports have recovered from a fall in March and currently stand at 2.5 million barrels per day (bpd), state TV on Monday reported Oil Minister Bijan Zanganeh as saying.
“The decline in March was a temporary issue. It has increased now and currently all together we export 2.5 million barrels of oil and gas condensates,” Zanganeh told state TV.
March liftings from Iran, the third-biggest producer among the Organization of the Petroleum Exporting Countries (OPEC), were down 26 percent year on year.Iran has been working to regain market share after Western sanctions over its disputed nuclear program were lifted in 2016 under a deal between the country and six major powers.
