Rouhani: Iran’s daily oil export up by 1.1 mln barrels in post-sanctions era

Iran's President Hassan Rouhani says his country's oil exports have increased by 1.1 million barrels per day since the nuclear deal came into force last January.

He made the remarks addressing the residents of the Semnan city Apr. 19, the state-run IRINN TV reported.

Iran's oil exports during the sanctions decreased to one million barrels per day, but today the country has managed to revive its position in the oil market thanks to the nuclear deal, Rouhani said.

He added that Iran now is exporting over two million barrels of oil on a daily basis.

While Tehran was forced to buy the vital oil and petrochemical industry equipment from limited providers with huge prices under sanctions, now it is able to buy the same equipment with prices as low as one third and even one tenth, he said.

Regarding the achievements of the Joint Comprehensive Plan of Action (JCPOA, aka nuclear deal) in the nuclear field, Rouhani said Iran is now a seller of enriched uranium and heavy water in the global market.

Commenting about the nuclear deal's outcome for the banking sector, Rouhani said Iranian banks are establishing ties with global banks.

He further said the JCPOA is a political and legal honor in the country's history.

Rouhani also called on the domestic media to observe ethics while criticizing his administration.

"There are no problems with criticizing the government and it is even necessary sometimes, but people don't like the chaos created by the media," said the Iranian president.

He further said the JCPOA is approved by Supreme Leader Ayatollah Ali Khamenei, the Parliament and the Supreme National Security Council, adding that now it is time for using the opportunity and the deal's implementation, but not criticism.

Iran and the P5+1 group of countries (the US, France, the UK, Germany, China, and Russia) agreed in July 2015 on a landmark nuclear deal to curb Tehran's sensitive nuclear activities in return for lifting of the sanctions on the Islamic Republic.

The international sanctions on Iran were removed as the JCPOA entered the implementation phase on Jan. 16.

Source: Trend

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