Friday, January 10, 2014

Iran Annual Oil Exports at $45 Billion

Iranian Oil Minister Bijan Zanganeh said in Tehran on Thursday that Iran’s oil exports in the first nine months of the current Iranian calendar year (starting 21 March 2013) reached $34 billion; with Iran collecting $32 billion of oil revenues in the same period.

The oil revenue figures represent annual sales of $45 billion. Before 2012 sanctions, Iranian oil export annual revenues were close to $100 billion.

File photo: Iran’s oil export terminal at Kharq Island (Getty Images)

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