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PetroEnergy Information Network

Wednesday / 6/13/2018 12:00:00 AM / 15:47
Service : Oil
News Id : 283254
Reporter : 763

Sanctions not affecting Iran Oil Output: NISOC

(Wednesday, June 13, 2018) 15:47

TEHRAN (Shana) -- The CEO of National Iranian South Oil Company (NISOC) says the US pullout of the nuclear deal and their sanctions had not affected Iran's crude oil production.

According to the company, Bijan Alipour said, "US withdrawal of the Joint Comprehensive Plan of Action (JCPOA) and sanctions of foreigners do not impact Iran's crude oil production."

Addressing a meeting with NISOC's senior officials, Alipour said the company has been able to restore the country's production capacity to the pre-sanctions setting.