Iran sets out ambitions to double oil output next year ...Qatar

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Iran sets out ambitions to double oil output next year
Iran said it planned to roughly double oil production in the next year, as the country anticipates a loosening of US sanctions after Joe Biden becomes president. Oil Minister Bijan Namdar Zanganeh told lawmakers on Saturday the government aims to pump 4.5mn barrels a day of oil and gas condensate, which is a liquid form of natural gas, during the next Iranian calendar year beginning on March 21, the state-run Islamic Republic News Agency reported. Zanganeh also said Iran will increase oil exports to 2.3mn barrels a day provided that the US eases sanctions on the energy sector, IRNA reported, citing Jafar Qaderi, a parliamentarian who sits on the budgetary affairs commission. The projected e

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