Iran General NewsIran oil revenue stands at $43 billion – report

Iran oil revenue stands at $43 billion – report

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Iran Focus: Tehran, Iran, Feb. 04 – Iran’s crude oil revenue during the period from March 21, 2007 to November 21 stood at $43.492 billion, state media reported. Iran Focus

Tehran, Iran, Feb. 04 – Iran’s crude oil revenue during the period from March 21, 2007 to November 21 stood at $43.492 billion, state media reported.

The figure comprises the country’s revenue from both crude exports and oil swaps, according to a report by the economic desk of the government-owned news agency Fars.

Iran exported 2.6 million barrels of oil per day on average during the period.

The average price of Iran’s crude oil in the same period was $ 68 per barrel, the report added.

A report jointly prepared by Iran’s Central Bank and the National Iranian Oil Company (NIOC) has estimated that Iran’s oil revenue in the last Iranian year rose by $15 billion compared with the year earlier, which had been estimated at $45.615 billion.

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