Middle East Economic Survey
VOL. XLVIII
No 44
31-October-2005
IRAN
Irans Oil Revenue Projected To Reach $45Bn In 2005-06
Irans oil export revenue in the Iranian year ending on 20 March 2006 is projected to reach $45bn, according to the Director for International Affairs at the National Iranian Oil Company (NIOC) Hojjatolah Ghanimifard. The revenue projection is based on an average oil price of $50/B during the period March-September 2005 and an export volume during the year of 900mn barrels...
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