(MENAFN)Iran increases crude oil production regularly to be prepared for a strong comeback into the global market when the discussions with world powers in the 2015 nuclear deal indicate signs of improvement.
National Iranian Oil Company (NIOC) officials declared that the country’s oil fields will be through repair operations and connections with oil buyers are being re-established, Bloomberg reported.
It further stated that “In the most optimistic estimates, the country could return to pre-sanctions production levels of almost four million barrels a day in as little as three months.”
Iran and other signatories of the 2015 nuclear deal, including the US, are discussing in Vienna and the both sides noticed that a deal is within reach.
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