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Ministry of Oil to triple gas exports to increase foreign currency revenue

Wednesday, 10 April 2013

Deputy Oil Minister and Managing Director of the Iran National Oil Company, Javad Owji, announced the Ministry of Oil’s plan to triple Iran’s gas exports in order to increase its foreign currency revenue. He added that next year, revenue from gas will replace revenue from sale of crude oil. With the signing of new agreements to export gas to Iraq and Turkey, the amount of gas exports will increase next year from 35 million cubic meters to 100 million cubic meters.

 

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  • Published: 100 days ago on Wednesday, 10 April 2013
  • By: Iran Daily Brief
  • Last Modified: April 10, 2013 @ 1:35 pm
  • Filed Under: Economy
  • Tagged with:
  • Source(s):
    • http://www.mehrnews.com/detail/News/2027141

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