The International Energy Agency (IEA) said in a report released on March 14, European sanctions against Iran came into full effect in July, Iran's oil exports could be halved.
IEA market and industry, head of Fife, said that through discussions with market participants to conclude that Iran's daily oil exports will be reduced by 80 million barrels. The IEA is the 28 industrialized countries, an industry consultant, said in a report last month, Iran's oil exports in November last year to 2.6 million barrels / day to less than 2 million. However, Iranian Oil Minister Al Qasimi said the export has not diminished.
Is likely that Iran will be 80-100 million barrels / day of oil to find a way to reduce the country's exports will reach at least such an extent that may actually be much higher, "says Fife. The Qasimi refute the IEA's estimate world pie network information , saying the Iranian government has reduced the dependence on oil revenues, production and exports did not decline, at least this year's oil revenues will be flat with last year World steel pipe network editing . Al Qasimi said that Iran exports in accordance with the relevant provisions of the OPEC oil, the world, full of customers.