Tehran to raise oil output

Iran announced yesterday that its oil production will officially rise to 4.2 million barrels per day (mbpd) in the next few days once production begins in three new oil fields.

“With the official entry of the Darkhovein field (in southwestern Iran) and the two other offshore oil fields of Soroush and Norouz, located in the Persian Gulf, the production level of Iran will reach 4.2mbpd in the next two to three days,” Iran’s Oil Minister Bijan Namdar Zanghaneh said.