Iran's oil, gas export revenues to hit USD8b in 3M


(MENAFN) Iran's revenues generated through sales of oil and gas condensates in the first three months of the current Iranian year are estimated at USD8 billion, Iran Daily reported.

The volume of exported oil and gas condensates in the first quarter of the Iranian year, which has begun March 21, has increased by 6 percent in the current year, Mehr News Agency was quoted as saying by IRNA.

Based on the report's calculations, revenues from sales of oil in March-June are estimated at USD1.95 billion per month, with total oil exports valued at USD5.85 billion.

Taking into account export of gas condensates in this period, valued at USD2 billion, oil and gas condensate exports generated around USD8 billion in revenues.


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