Rokneddin Javadi has stated that the pre-sanctions level
would be attained by the end of the Iranian calendar month of Khordad (ends
June 20).
Iran has been ramping up its oil production and reclaiming
market share after the lifting of Western sanctions in January with the
implementation of an international agreement that put curbs on its nuclear
program.
Tehran has expressed concern over market oversupply and low
oil prices but also reiterated its right to regain pre-sanctions market level.
The country has boosted its crude exports to a reported 1.75
million barrels per day (bpd) so far in April - up from average March exports
of about 1.6 million bpd.
Last week Javadi said Iranian output had already surpassed
3.5 million bpd and exports would reach 2 million bpd in the coming month.
Iran exported about 2.2 million bpd and its production was
below 4 million bpd in late 2011 before the sanctions.