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FinancialNews


  • 01-02-22

    Anticipations for Iran’s oil, gas, condensate profits to hit USD35B

    (MENAFN) According to Shana’s statement on Sunday, Iran’s oil exports have jumped by 40 percent in the latest months and the oil, gas, condensate and oil goods export profits are predicted to hit USD35 billion towards the end of the present Iranian calendar year (March 20).

    Based on the Finance and Economic Affairs Minister Ehsan Khandouzi, the nation has obtained the total crude oil sales payment since the new government management and the Oil Ministry do not have any unresolved oil fees.

    According to official data, the Iranian crude oil export profits stood at USD18.677 billion during the first two quarters of the present Iranian calendar year (March 21-September 22, 2021), whereas the figure amounted to only USD8.855 billion in the past year’s corresponding time period.

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