Iran Does not Plan to Reduce Crude Production Due to US Pressure
There are no plans for any reduction in the Iran's oil output, CEO of the National Iranian Oil Company (NIOC) Ali Kardor said, ''Tasnim'' reports.
According to him, Iran is easily receiving the income from oil sales, adding that the country itself is handling the insurance issues in the export of oil shipments.
Kardor also touched on the new model of Iran’s oil contracts, saying the next agreement using the new contract will be probably signed with a consortium of Russian oil companies.
Last week, Iranian Oil Minister Bijan Namdar Zanganeh made assurances that the US administration can never drive the Islamic Republic’s crude exports down to zero.
On May 8, US President Donald Trump pulled his country out of the nuclear deal known as the Joint Comprehensive Plan of Action. The White House has also announced plans to get as many countries as possible down to zero Iranian oil imports and launch a campaign of "maximum economic and diplomatic pressure" on Iran.
Read also
-
The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian...
-
France, US urge 'immediate' end to Nagorno Karabakh blockade
-
The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
-
Armenia to sign new agreement with US in nuclear energy use
-
White House denies US Navy's involvement in blowing up Nord Stream 2
-
Iran denies reports on joint construction of UAV plant with Russia
-
Armenia's Makunts meets with new U.S. senior advisor for Caucasus negotiations
-
17:08The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11Armenia sends earthquake aid to Turkey
-
10:43Commemoration of the Pontiff St. Sahak Partev
-
09:16Some roads are closed and difficult to pass in Armenia
-
19:55Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30Prime Minister Pashinyan and President Khachaturyan meet
-
18:20Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01Humans could land on Mars within 10 years, Musk predicts
-
16:45France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59Earthquake death toll in Turkey rises to 18,342
-
15:43Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06French president rules out fighter jet supplies to Ukraine in near future
-
14:475 Day Weather Forecast in Armenia
-
14:44President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
day
week
month
Humidity: 15%
Wind: 2.06 km/h