Saturday, December 3, 2022

Boosting oil exports top priority for Iranian Oil Ministry: Zanganeh

The Iranian oil minister has said that the Islamic Republic plans to raise its oil exports after the implementation of the historic deal Iran and P5+1 clinched on July 14.

Iranian Oil Minister Bijan Namdar Zanganeh announced that the country plans to increase oil exports after the implementation of the agreement Iran clinched on Tuesday with six world powers over Tehran’s peaceful nuclear program.

“After (the implementation) of the agreement, our major work would just begin,” Zanganeh said, referring to the agreement between Iran and 5+1 (Russia, China, the US, Britain, France and Germany), known as the Joint Comprehensive Plan of Action (JCPOA).

“The first step is to prepare for increasing (oil) exports,” he said.

Iran and 5+1 concluded more than two weeks of talks over Tehran’s nuclear program in Vienna on Tuesday, July 14.

The negotiating parties reached an agreement over the text of a comprehensive deal on Tehran’s nuclear program after 22 months of diplomatic negotiations, ending more than a decade of standoff over Tehran’s civilian nuclear program.

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