Tehran (IP) – Iran's Oil Minister said that the country's oil production reached 3.6 million barrels per day from 2.2 million barrels per day.

Iran PressIran news: Javad Owji told reporters on Wednesday that every 100 barrels of oil extracted brings $2.8 billion of income per year for Iran, noting that the oil industry of the country managed to bring the production of oil to 3.6 million barrels per day.

Adding that the liquid hydrocarbon reserves of the country are more than 153 billion barrels, Owji said that the more the oil production increases and the refinery capacity is upgraded, the more foreign currency income the government will earn.

Owji said that the production of 4 million barrels of oil per day is planned until the end of the current Persian year.

He said that the advancements have been accomplished by the domestic experts' capacities and expressed hope for the continuation of the trend. 


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