Iranian President Hassan Rouhani said on Sunday that the government is "preparing" to restore "natural energy" to oil production in the country, in order to export abroad, noting that Iran "managed to sell two million barrels (per day), after the nuclear agreement entered into force." According to the Iranian Mehr News Agency.
The agency quoted Rouhani, who was speaking before the government budget preparation committee, that "Iran is ready to increase oil production quickly."
The New York Post quoted unnamed Iranian media outlets that Rouhani said he would increase oil production to its full capacity in the next three months, "if the president-elect, Joe Biden, eases the sanctions when he takes office in January."
Rouhani admitted that the "economic war" had put "many obstacles" to Iran's oil and petrochemical exports.
During the era of US President Donald Trump, the US administration imposed continuously, and with an increasing frequency, sanctions on Iran's economic sectors, which led to almost complete paralysis of its export sector, with the exception of exceptions granted to countries, including Iraq.
According to frequent reports, Iran is making continuous attempts to circumvent the sanctions, by switching export tankers or selling oil on the black market in an attempt to save its economy from complete collapse.
"The Ministry of Oil will take all necessary steps to prepare oil industry facilities for the production and sale of facilities - in proportion to the available capacity - during the next three months," Reuters said, citing Iranian news agencies.
Biden, who will take office on January 20, said he would ease sanctions if Tehran returned to "strict compliance with the nuclear deal."
Iran exports, according to estimates, less than 300,000 barrels of oil per day, compared to 2.8 million barrels in 2018.
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