29 September 2014 - 13:31
  • News ID: 225818
Iran Oil Revenues Higher that Predictions

TEHRAN Sept 29 (Shana)--Iranian Petroleum Minister Bijan Namdar Zanganeh said oil revenues were higher than what was envisaged in the budget bill for the current year.

"Iran's oil exports are acceptable and growing currently, and revenues are higher than the previous estimates," said Zanganeh on Monday. 
He underlined gas production in the country, saying that Iran power plants will need no gasoil nor fuel oil for generation of electricity by the beginning of the nest calendar year to March 2015. 
The petroleum minister further noted the signing of an agreement with Russia, saying Iran has signed an agreement with Russia for economic, technical and commercial cooperation in a number of areas including the petroleum industry.
News ID 225818

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