Tehran,Iran,Feb.17
Trend:
The Head of Iranian Planning and Budget Organization Mohammad Bagher Nobakht has reacted to Malahat city representative’s request to reduce oil sale in Iran.
"If we take the US sanctions seriously and reduce the sale, it would be self-sanction. Currently, Iran’s oil sale stands at 1.5 million barrels of oil per day and it is possible to increase its level,” Nobakht said during the parliament session, Trend reports citing IRNA.
"Iran said it was selling 2.4 million barrels of oil per day last Iranian year(March21,2017), but there were days when the country sold 2.8 million barrels per day,” he added.
Nobakht spoke against the request of Mahalat representative Alireza Salimi to reduce oil sale.
Salimi has brought up the request during reviewing session of the next Iranian year(March21,2019)budget plan. He said $88 million from oil sale revenues should be subtracted from the budget plan and proposed to reduce the oil sale.
The US re-imposed sanctions have hit Iranian oil, banking and shipping sectors in November 2018, while the Trump administration has issued a six-month waiver for eight countries, including India, South Korea, Japan and China, Turkey, Italy, Greece and Taiwan to buy Iran oil.