If the money transfer problem doesn't get solved, Iran will probably have to reduce oil export to South Korea, said Iran's Minister of Petroleum Bijan Zangeneh.

Iran’s Deputy Oil Minister for International Affairs said Iran was currently negotiating with more than 15 companies from Europe, Russia and Asia exploration, development and production of oil.

– Exports volume for Iran’s crude oil and gas condensate moved up to two million and six hundred thousand barrels per day in September.