Iran plans to increase its daily crude oil production to 4 million barrels per day (bpd) by the end of the current Iranian calendar year (March 2025).[1][2][3][4][5] This represents a significant increase from the current production level of 3.6 million bpd.
The Iranian Oil Minister stated that the country has already managed to raise production from 2.2 million bpd during the previous administration.[5] Additionally, Iran's annual gas production has grown by 53 million cubic meters, a 5% increase, and its gas extraction from the South Pars field shared with Qatar is now 75-100 million cubic meters higher than Qatar's.[5]
Citations:
[1] https://en.mehrnews.com/news/216759/Iran-minister-says-oil-production-will-reach-4-million-bpd
[2] https://www.tasnimnews.com/en/news/2024/06/22/3108611/iran-s-oil-production-to-reach-4-million-bpd-by-yearend-minister
[3] https://www.tehrantimes.com/news/500921/Iran-s-oil-production-to-reach-4-million-bpd
[4] https://en.otaghiranonline.ir/news/45573
[5] https://nournews.ir/en/news/179117/Minister-Iran-oil-production-to-reach-4-million-bpd