VOL. XXXIX
No. 3
16-October-1995
IRAN
Iranian Oil Revenue Exceeds Budget Forecast
The Iranian Oil Minister, Mr. Gholamreza Aghazadeh, said on 11 October that Iran's oil revenue in the first half (21 March-22 September) of the current Iranian year (1374) was $915mn above the budget forecast. For the whole of the current year the Iranian Government forecast oil revenues of $13.5bn, based on a price of $15/B. Mr. Aghazadeh also said that Iran's oil exports were unaffected by the US...
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