TEHRAN – Based on the latest statistics, Iran’s oil production capacity stands at 3.95 million barrels per day (bpd) of which currently 2.2 million bpd is being exported to the world markets, Iranian Deputy Oil Minister Ali Kardor was quoted as saying by ISNA.

According to the official, Iran’s oil production is in compliance with the ceiling approved for the country in OPEC, non-OPEC deal in January 2016.

EF/MA