Iran presidential election on June 18 Zanganeh planning to leave office More oil could go to domestic refined output Iran could “easily” boost its oil production capacity to 6.5 million b/d, Iran’s Oil Minister Bijan Zanganeh said May 31, as US, Iranian and European negotiators are set to convene this week for more talks over reinstating the nuclear deal. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We can easily reach 6.5 million barrels per day,” Zanganeh said at a ceremony to award studies on the country’s giant Azadegan oil field, the oil ministry’s Shana news service reported. At the ceremony, Ali Aghamohammadi, who is a member of Iran’s arbitration body Expediency Council, noted that Iran has long-term goals of using more crude output domestically for refined products, which in turn can be exported at higher margins. “After exploitation of oil, we can process […]