<p dir="LTR"><span>IRNA - Iran produces about 4 million barrels oil per day, half of which is exported to European countries, an official said.</span></p> <p dir="LTR"><span>Iran exporting half of its oil to Europe</span></p> <p dir="LTR"><span>Managing Director of National Iranian Oil Company (NIOC) Ali Kardor made the remarks on the sidelines of the signing ceremony of MoU between NIOC and Italy’s Eni Company.</span></p> <p dir="LTR"><span>Earlier Kardor said if we add the country’s average gas condensate export of 700,000 barrels per day to the number, a record total export number of three million barrels will be obtained for February.</span></p> <p dir="LTR"><span>Kardor went on to say that the oil production in the country will reach four million barrels at the end of Farvardin (March 21-April 21), the first month of the Iranian calendar year.</span></p> <p dir="LTR"><span>Under the sanctions Iran’s oil production was 2.7 million barrels per day, with one million barrels heading for export markets.</span></p> <p dir="LTR"><span>Anti-Iran sanctions were lifted on January 16, 2016.</span></p>