Iran Ready To Increase Oil Production by 700,000 BPD

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Deputy oil minister has said that Iran aims to increase the production of oil in per day by 700,000 barrels in the very near future. According to the goals of sixth development plan of Iran one goal to achieve is to increase their production of crude oil by 4,700,000 bpd. To achieve this they need to increase their production by 700,000 barrels per day.

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