Baku, Azerbaijan, April 5
By Fatih Karimov - Trend:
Iran's crude oil production capacity stands at 3.8 million barrels per day, Iran's IRIB news agency quoted National Iranian Oil Company's managing director Roknoddin Javadi as saying on April 5.
The average crude oil output is about 2.85 million barrels per day, he added.
The U.S. Energy Information Administration released its latest Short-Term Energy Outlook on Jan. 7. The report has presented some statistics about Iran's oil output in the previous year.
Based on the report, it's estimated that Iran produced 2.8 million barrels of oil per day (excluding gas condensates) in 2013, which is 170,000 barrels less than the preceding year.
The report also puts Iran's estimated unplanned crude oil production outages in the second half of 2012 at 800,000 barrels per day.
In other words, Iran cut the mentioned amount from its regular production by shutting down the wells in some oilfields. So the country produced 2,970 million barrels of oil per day in 2012, while it had the capacity to produce 3,770 million barrels.
EIA's report also shows that Iran produced 2.8 million barrels of oil per day in 2013, while the amount of estimated unplanned crude oil production outages was 600,000 barrels per day.
So the country's total production capacity in the end of 2013 was around 3.4 million barrels per day, which is 370,000 barrels per day less than 2012.