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Amid coming cold winter in Europe, Iran offers help through increased oil, gas exports

Iran Materials 5 August 2022 19:39 (UTC +04:00)

TEHRAN, Iran, August 5. Iran is ready to increase its supply of oil and gas export to Europe as the world is expected to face energy crisis in winter, said Iranian Oil Minister Javad Owji, Trend reports citing Tasnim News Agency.

Iran is ready to immediately return to its crude oil export figure (2.8 million bpd) that was seen before the sanctions in 2018, Owji said after a meeting of the Organization of the Petroleum Exporting Countries (OPEC+).

"This winter will be very significant for the Europeans and for the entire world and they (governments) should think now," the minister added.

"The global energy market needs oil and natural gas supply from Iran, however it requires political will and policy making," Owji said.
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OPEC+ members agreed on Wednesday to raise their output by 100,000 bpd despite calls from US and allies for a more substantial increase that could tame oil prices.

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