Iran to raise crude exports revenues up to $50 billion
Date: 11:36, 14-02-2017.
Almaty. February 14. Silkroadnews – Iran hopes in the coming Iranian year the country’s oil income will reach $50 billion, Iranian Oil Minister Bijan Zangeneh said, IrTAG reports.
According to the minister, such revenue could be achieved with crude price at $55 for a barrel. At present, he also noted, the Iranian oil export has reached the pre-sanctions level.
Over the past four months Iran exported 2.8 million barrels/day of crude oil and condensate. Compared to the sanctions period the export grew by 1.6 million barrels/day.
