Date: 31 July 2022 , 13:11
News ID: 10880
NEWS SERVICE: ENERGY

Iranian gas exports reach $4 billion in 4 months

Iran has exported nearly four billion dollars of natural gas in the first four months of the current Iranian calendar year (March 21-July 22), Oil Minister Javad Oji said on Wednesday.

"We have collected close to four billion dollars of gas revenue for the first four months of the year, which is nearly as much as what was collected for the entire previous year," ISNA quoted Oji as saying.
The Oil Ministry has previously announced that it has been able to collect funds from earlier energy exports and reached an agreement to resume gas supplies to Iraq in April as Baghdad paid part of its debts owed to Tehran.
Iran mainly exports gas to Turkey and Iraq but the sales have not always been consistent due to debt-payment issues, domestic consumption needs, and occasional technical problems which forced a momentary halt in exports to Turkey over the winter.
Earlier this month, National Iranian Oil Company (NIOC) announced that the Oil Ministry fulfilled 70 percent of its revenue-generating obligations in the first three months of the current Iranian calendar year (March 21-June 22).

Despite the restrictions caused by the sanctions, the sale of crude oil, gas condensate, as well as petroleum products, and natural gas is ongoing and the revenues from it are being collected, NIOC Financial Director Mohammad Rousta said.
Earlier in May, Ali Forouzandeh, the director-general of the Oil Ministry’s Public Relations Department, announced that the country’s income from the export of oil, gas, petroleum, and petrochemical products rose 66 percent during the first two months of the current calendar year (March 21-May 21).

Source: Tehran Times

NIOC National Iranian Oil Company gas exports
Related News

NIOC head stresses need to boost South Azadegan field’s output

Two last year
Top News
Sibanye-Stillwater liable for damages to Appian for .2 billion scrapped mine deals
Sibanye-Stillwater liable for damages to Appian for .2 billion scrapped mine deals
One last month
Mobarakeh Steel Co. record holder in quantitative and qualitative production
Mobarakeh Steel Co. record holder in quantitative and qualitative production
Six last month
"Sustainability and innovation in production and development, excellence in culture", the orientation of Mobarakeh Steel Co. to realize the motto of 2024
Six last month
Gianpietro Benedetti, Chairman of Danieli Group, passes away
Gianpietro Benedetti, Chairman of Danieli Group, passes away
Six last month
The entrepreneur Gianpietro Benedetti has died, he was 81 years old
The entrepreneur Gianpietro Benedetti has died, he was 81 years old
Six last month
The President visited the Sungun Copper Complex
The President visited the Sungun Copper Complex
Two last year
Most Like