Iran to raise oil production to 4.5 million b/d in five years

10 September 2017, Tehran — Iran will reach an oil production rate of 4.5 million barrels per day (b/d) within five years, Ali Kardor, the managing director of the National Iranian Oil Company (NIOC), said Sunday according to the oil ministry news site SHANA. Iran has been producing around 3.8 million b/d in recent months. […] More »