Iranian Minister of Oil Mohsen Paknejad has said that not a single barrel of unsold Iranian oil is left at sea, stressing that all shipments currently at sea are managed according to market conditions and precise planning.
Iran’s exports of services, including technical and engineering services, reached a total of $12 billion in the year to late March, according to an official in the country’s Trade Promotion Organization (TPO).
A recent report by Bloomberg says Iran has set a five-year record in oil production in 2023.
There has been a significant increase in customs revenues in the first three months of the current Iranian calendar year (March 21 to June 22), according to the Iranian Customs Administration (IRICA).
The latest data released by the Energy Information Administration of the United States (EIA) shows that Iran has exported $19 billion of crude oil in the first five months of 2023.
Iran’s Trade Promotion Organization (TPO) on Wednesday signed a memorandum of understanding (MoU) with the Russian trade association Business Russia to expand trade ties between the countries.
The Iranian oil minister says the development of the southwestern Azadegan oil field will generate an income of some $115 billion for the country as well as 24,000 jobs for people.
Iran has invested 7 billion dollars in a 7-year integrated development plan for Azadegan joint oilfields that will bring $14 billion extra revenue on a yearly basis for the country.
A report released by the Organization of Petroleum Exporting Countries (OPEC) shows Iran has earned more than $25 billion in revenue from oil exports in 2021.
Iran's revenue from tourism over the last Iranian calendar year (ended March 20) amounted to $8 billion, an Iranian vice-president told Trend.
