Middle East Economic Survey

VOL. XLVIII

No 34

22-August-2005

IRAN

Irans Oil Revenue Projected To Rise To $43Bn In 2005-06

Irans oil revenue in the current fiscal year to March 2006 is expected to reach $43bn, given the present trend in the international market, according to NIOCs Director for International Affairs Hojatollah Ghanimifard. Irans budgeted oil revenue for this year has been realized in the first five months because of high oil prices, Mr Ghanimifard said. (Iran had projected oil...