7 May 2015 - 12:32
  • News ID: 240205
Iran to Export 20mt Fuel Oil, Gasoil

TEHRAN May 07(Shana)--Iran’s Ministry of Petroleum has ordered the export of 20 million tons of fuel oil and gasoil this calendar year to March 2016, a deputy minister of petroleum said.

“By virtue of Minister of Petroleum [Bijan Zangeneh]’s directive, a total of 20 million tons of fuel oil and gasoil should be exported this year,” Mansour Moazzami said on the second day of Tehran Oil and Gas Show.

He said that gas supply to power plants would top the agenda of Iran’s petroleum ministry this year.

Moazzami said $80 billion worth of projects has been approved at the government’s Economic Council for the current year.

He said Iran’s oil exports have grown despite tough sanctions on the country’s oil sector.

“Iran’s oil exports were 8% higher than envisaged in the parliament’s legislation,” said Moazzami.  

News ID 240205

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