Iran sees oil output reaching 4 million bpd by April, aims for 4.7 million bpd
An Iranian man works on an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005./ Iran expects its oil production to reach 4 million barrels per day by mid-April, and plans to drill 500 new wells over the next five years to raise output to 4.7 million bpd, a senior oil official was quoted as saying on Saturday. Iran said in January its daily output was close to 3.9 million barrels. "We were due to reach 4 million barrels ...by the end of the (Iranian) year (March 20). This will be ...
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