Iran's crude output over 4.05m bpd: NIOC chief

Tehran, Dec 6, IRNA

Iran's current crude production stands between 4.05-4.08 million
barrels a day, Managing-Director of National Iranian Oil Company,
Seifollah Jashnsaz said on Saturday.

He told a press conference that the amount is based on the decisions
made by the Organization of Petroleum Exporting Countries to reduce
oil production as of November 1, 2008.

Jashnsaz said that Iran's capacity to produce crude in the current
year has reached 4,230,000 barrels a day, expressing hope that the
figure would reach 4,300,000 bpd by the year end.

Iran's average crude exports has been 2,350,000 barrels a day since
the beginning of the current Iranian year, started March 21, 2008, the
NIOC chief said.

He added that Iran has so far earned some dlrs 61 billion from selling
crude in the current year.

Jashnsaz also said that the Iranian gas output capacity is 580 million
cubic meters.


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