VOL. XLIV

No 43

22-October-2001

IRAN

Iran痴 Oil Revenue Declines 12% InFirst Half Of Current Iranian Year

Iran痴 oil revenue in the firsthalf of the Iranian year 1380, which started on 21 March 2001, has fallen 12%to $9.8bn from $11.15bn in the corresponding period last year, according toNational Iranian Oil Company (NIOC) Acting Vice-President Hojatollah GhanimiFard. He added that Iran exported $500mn worth of oil products in the firsthalf of 1380, compared to $1.7bn in the same period last year....