Iran not concerned on selling oil after removal of sanctions
Iran not concerned on selling oil after removal of sanctions
Deputy oil minister has said Iran has no concerns about selling 500 thousand oil barrels a day during the post sanction era estimating that oil prices will hit more than $70 per barrel.
Pointing to the low costs of oil and natural gas production in Iran, Roknodin Javadi said “the global decline in oil prices is a good opportunity for the country to attract investment in post-sanction period.”