Iran determined to regain its share of oil export market - oil minister


  • World
  • Wednesday, 06 May 2015

ANKARA (Reuters) - Iran is determined to regain its share of the crude oil export market when sanctions imposed over its nuclear programme are lifted, the oil ministry's website SHANA quoted Oil Minister Bijan Zanganeh as saying on Wednesday.

The former second-largest OPEC producer behind Saudi Arabia aims to boost crude exports by up to 1 million barrels per day (bpd) if Tehran and six major powers finalise a nuclear agreement by a June 30 deadline. The two sides are seeking a deal in which Iran would restrict sensitive nuclear work in exchange for sanctions relief.

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