Iran’s Zanganeh – We have neared pre-sanction levels

Iran’s Minister of Petroleum Bijan Zanganeh said on Monday that the country’s oil production has neared pre-sanction levels and as per secondary reports the output stands at about 4 million barrels per day.

When asked if Iran will agree to reduce output, Zanganeh said, "the production reduction in not a matter; in the November meeting a figure will be decided for countries' production."