Iran Oil, Gas Revenues Top $80bln in 2007-8

A00086238.jpgTEHRAN (FNA)- 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 totaled 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.

Check Also

New US sanctions target Iran’s drone supply to Russia

The targets include eight senior executives of an Iran-based firm involved in the manufacture of …