In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) announced the increase of 37,000 barrels per day (bpd) of Iranian oil production in the first quarter of 2023, and announced the average price of Iranian heavy oil in this period at $80.67.
In its latest monthly report, the organization, citing secondary sources, announced that Iran's average oil production in the first quarter of this year reached 2.565 million barrels per day, Tasnim news agency reported on Friday.
Last week, Iranian President Ebrahim Raisi said that the oil and gas sector experienced a growth of nine percent in the past Iranian calendar year 1401 (ended on March 20).
The President considered the growth of production in 1401 promising and said: “We will strongly follow the wise slogan of 1402 which is "Inflation Control and Production growth".
Oil Minister Javad Owji has recently said that a new record high will be reached in the country’s oil export in the current Iranian calendar year.
The country’s oil export in 1401 was 83 million barrels more than that of 1400, and 190 million barrels more than the export in 1399, the minister announced.