Gulf Times - Fatih-Birol
Iran can add 500,000 bpd oil supply in a year- IEA chief

Iran can add 500,000 bpd oil supply in a year- IEA chief

Iran is expected to add half a million barrels of oil supply a day within a year from its existing oilfields after the lifting of sanctions against Tehran in January, but developing new fields would take time, the head of the International Energy Agency said on Wednesday.