Iran’s current year crude oil export revenue hits $61b: NIOC chief

December 7, 2008

TEHRAN – Iran’s crude oil export revenue so far in the current Iranian calendar year (started March 20, 2008) stood at $61 billion, National Iranian Oil Company’s managing director said here on Saturday.

“The nation’s gas output had risen this year by around 70 million cubic meters to 580 million from the previous figure 506 million cubic meters,” Seifollah Jashnsaz said adding that the figure is a new record in country’s gas production volume.
“Currently Iran is producing 4,220,000 barrels of crude oil per day (bpd),” he explained.
“Iran has exported some 2,360,000 barrels of crude per day from the beginning of the current Iranian calendar year” Jashnsaz said, the Mehr News Agency reported.
The NIOC managing director also noted that this year some $30b has been invested in Iran’s oil projects such as Yadavaran oil field’s development plan, Masjed Soleiman oil field’s development plan, exploration and production of Dayyer oil block, and Jofeir oil field’s development plan