No. 06

5 February 2001


Irans Oil Revenue May Reach $20BnIn 2000-01

Irans oil revenue may reach $20bnin the current Iranian fiscal year, which ends on 20 March, according toHojjatollah Ghanimifard, the Acting Vice-President of the National Iranian OilCompany (NIOC). Dr Ghanimifard told IRNA on 29 January that if the currentcrude prices prevail and no further production cuts come to the fore, then wecan be optimistic about earning this level of revenue by the end of the year.He went...