Iran’s crude oil export doubled in post-JCPOA

.jwplayer{ display: inline-block; } TEHRAN, May 27 (MNA) – Following implementation of JCPOA, Iran’s crude oil export hit from 1,130,000 oil barrels per day (bpd) in 2012 to more than 2,150,000 barrels per day (bpd) in the past Iranian calendar year in 1396 (ended March 20, 2018).

A landmark nuclear deal inked between Iran and six world’s major powers (the five permanent members of UN Security Council plus Germany) in Austrian capital Vienna on mid-July 2015.

Iranian authorities have repeatedly lodged their complaints on US sabotage measures with the implementation of JCPOA since Jan. 2016.

Increasing oil export volume is considered as one of the most important and salient achievements actualized after the implementation of JCPOA.

Iran’s oil export volume hit a record low in 2012, dropping to 1,130,000 oil barrels per day (bpd).

In the same direction, National Iranian Oil Company (NIOC) registered a new record of crude oil exports, 2,167,000 oil barrels per day (bpd) in the first Iranian month of Farvardin (from March 21 to April 21).

Iran’s traditional crude oil buyers including China, India, South Korea and Japan totally imported more than 60 percent of Iranian crude in April 2018.

However, European companies including France oil major ‘Total’, Royal Dutch Company ‘Shell’, Italy’s Eni oil major, Hellenic Petroleum Company also pumped about 40 percent of Iranian oil in the same period.  

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