Iran General NewsIran oil, gas revenues top $80bln in 2007-8

Iran oil, gas revenues top $80bln in 2007-8

-

ImageAFP: Iran's income from oil and gas exports topped 81 billion dollars in the year to March, a 31 percent jump on the previous year thanks to soaring prices, a central bank report released on Monday said.

ImageTEHRAN (AFP) — Iran's income from oil and gas exports topped 81 billion dollars in the year to March, a 31 percent jump on the previous year thanks to soaring prices, a central bank report released on Monday said.

The report posted on the bank's website said 2007-8 revenues totalled 81.7 billion dollars compared with 62 billion dollars in the previous year.

It said that Iran — the OPEC oil cartel's second-biggest producer — pumped 4.05 million barrels per day of crude during the year.

Latest news

Political Prisoner Zahra Shahbaz Tabari Has Once Again Been Sentenced to Death

Zahra Shahbaz Tabari, a political prisoner held in Lakan Prison in Rasht, was once again sentenced to death by...

Experts Warn About Declining Dairy Consumption and the Risk of Expanding Malnutrition in Iran

With dairy prices rising again and consumption declining in Iran, experts have warned about the spread of anemia, osteoporosis,...

Burial Costs in Tehran Increase by Up to 50% as Inflation Soars in Iran

A new resolution by the Tehran City Council shows that the cost of cemetery services in the capital—from transporting...

Iran’s Regime Executes Two More Protesters from the January Uprising

This morning, two more protesters were executed by Iran's regime. Mizan, the state-run news agency affiliated with the judiciary of...

The Collapse of Iran’s Economic Resilience

The latest international reports show that the Iranian regime’s economy ranks near the bottom among 130 global economies. This...

Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd Province held a protest rally outside the Governor-General's Office, demanding...

Must read

Executions on the rise in Iran

Iran Focus: A religious court in Tehran sentenced two...

France ready to start Iran talks at IAEA: Sarkozy

Reuters: France is ready to start talks with Iran...

You might also likeRELATED
Recommended to you