NIOC: Iran Not to Backdown Stance on Pre-Sanction Quota Restoration

Tehran, Nov 01 (Shana) – Managing Director of National Iranian Oil Company Ali Kardor says Iran will not backdown of its stance to regain its pre-sanction oil production share.

"The OPEC meeting (Vienna, November 30) is so close and we will not fall short of our stance of regaining our share," Kardor told a group of his personnel on Tuesday.

He said Iran's daily crude production is almost four million barrels and crude exports now exceeds 2.44 million barrels per day.

He added, "We should powerfully safeguard our production ceiling, while raising and maintaining the production potential."

News ID 272173

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