Iran’s NIOC sees oil exports stabilizing at around 2.1-2.3 mln bpd by 2017-end

A senior Iran’s National Iranian Oil Company (NIOC) official crossed the wires last minutes, noting that he sees Iran crude oil exports stabilizing at around 2.1-2.3 mln bpd until the end of 2017.

He further added that Iran expects condensate exports to drop to around 450,000 bpd from average of 550,000 bpd in past 15 months.