Iran recommends to set quotas for oil productionTuesday, 27 September 2016 16:40
Editor of Seda journal said that Iran was offering a daily quota of oil production volumes. This measure should help to solve the current problem of overproduction that now is main on the oil market. According to Iran's proposal on Iran will account for about twelve percent of the total production of all OPEC countries. Volume production which is attributable to the share of Iran, will be 4.173 million barrels per day.
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