Iran to return to oil market with largest production capacity
An Iran official from oil industry said on Tuesday that after the Iran and the six countries reached a nuclear agreement, and once the sanctions lifted, Iran would return to the global oil market with maximum production capacity.
Shana, a media subsidiary of the Iran oil ministry, quoted what Qamsari Mohsen said, who was a director of international affairs at Iran national gas company (NIOC), and pointed that Iran believed the Asian market was the primary destination for the sale of crude oil.
Qamsari also said: "we are going to maximize our capacity to export crude oil to Europe, and regain the European market share to 42%-43% of that before the sanctions.
Source: International Online
