VOL. XLV

No 17

29-April-2002

IRAN

Iran痴 Oil Revenue In 2001-02 ExceedsBudget Projection

Iran痴revenue from oil and gas exports in 1380, which ended on 20 March 2002,has provisionally been estimated at $16.2bn, according to the ActingVice-President and Director of International Affairs at the National Iranian OilCompany (NIOC), Hojatollah GhanimiFard. The Iranian Government received $12.8bn of thistotal, with the remainder transferred to the Oil Stabilization Fund (OSF). Oilrevenue in the approved...