Iran is taking measures, including an increase in its petroleum production, to counter recent U.S. threats to penalize companies supplying Iran with petroleum, Iran's government-controlled Press TV reports on its Web site Thursday.
"Some 6 to 7 million liters of petroleum per day will be added to the capacity of Iran's refineries before the end of the year as the catalytic cracker complex at Abadan refinery will go on stream," Iran's Deputy Oil Minister Noureddin Shahnazizadeh is quoted as saying.
He added that various projects at Iran's refineries to increase petroleum production are 45% complete.