VOL. XLII
No. 04
25-January-1999
OPEC
1999 Oil Revenue And Price Assumptions In Three OPECCountries
In Iran, oil revenue in the 1999-2000 budget(starting on 21 March) is estimated at $12.084bn, according to projections madeon 20 January by the Iranian parliament, which is currently debating thebudget. The revenue consists of $10.612bn from crude oil exports and $1.472bnfrom exports of petroleum products and natural gas. The revenue estimates fromcrude oil exports would require an oil price of...
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