Aug 13, 2023, 2:43 PM
Journalist ID: 1844
News ID: 85197647
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Iran hits budget target of 1.4 mln bpd in oil exports: PBO chief

Aug 13, 2023, 2:43 PM
News ID: 85197647
Iran hits budget target of 1.4 mln bpd in oil exports: PBO chief

Tehran, IRNA -- Iran has already hit the budget target of 1.4 million barrels per day (bpd) in oil exports, the deputy vice president has announced.

Regarding the parliament bill on amending the budget bill, Head of Planning and Budget Organization (PBO) Davood Manzour said that one of the suggestions of the bill is about oil sales.

It has obliged the government to export 1.4 million bpd of oil, but according to the Petroleum Ministry, the volume of exports has exceeded 1.4 million barrels, he added.

We want to export the excess oil production capacity and use it for completing the infrastructures, he noted.

The Iranian lawmakers said no to the request for turning the bill into single-urgency.

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