Energy News

Iran’s crude oil production increased to 3.17 million barrels per day

British Petroleum (BP) in its recent statistical review of world energy said that Iran’s crude oil and condensate production rose to 3.17 million barrels per day with a growth of 16.1%. in 2021.

BP has recently released its 71st annual statistical review of world energy, which is one of the most reliable reports of the world’s energy, this statistical review of world energy has been released since the 1960s.

 

According to the review, Iran’s crude oil and condensate production in 2020 was 2.73 million bpd, which rose to 3.17 million bpd in 2021 with a 16.1% growth.

 

The report also said that Iran’s oil production in 2020 was 143.2 million tons; and this amount increased 17.4% to 167.7 million tons in 2021.

 

On September 2, 2022, too, the CEO of the National Iranian Oil Company (NIOC) and deputy oil minister of Iran said that Iran’s oil production capacity would increase by 200,000 bpd by the end of the current Iranian year (March 21, 2023) and reach 4.038 BPD.

 

Mohsen Khojastehmehr told IRNA that by the end of the current Iranian calendar year, Iran’s oil production capacity will exceed 4 m bpd.

Source
IRNA
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