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

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

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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.

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