Iran’s Zanganeh Plans to Boost Oil Output If Made New Minister
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Bijan Namdar Zanganeh, a former Iranian oil minister who has been nominated by President Hassan Rohani to take over the ministry again, pledged to boost Iran’s oil output should he be approved by the parliament.
“My first action will be to bring the country’s oil production capacity back to 2005” levels, Zanganeh was quoted as telling Shana, the Oil Ministry’s news website. At that time Iran wasn’t subject to United Nations, U.S. and European Union sanctions against its nuclear program. The measures, imposed during ex-president Mahmoud Ahmadinejad’s time in office, have restricted international companies’ ties with Iran and the country’s crude exports.