Iran’s oil export revenues increased by 44% to $26 billion in March-September

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Tehran earned $26 billion from oil sales to foreign countries in March-September 2022. The agency wrote that this was announced by Hamid Hosseini, the official representative of the Iranian Oil, Gas and Petrochemical Products Exporters Association. IRNA.

Revenue for the stated period was 44% higher than March-September 2021, when Iran received $18. According to Hosseini, China played an important role in the trade of Iranian oil, which accounts for 15% of world GDP.

The representative of the Iranian Oil, Gas and Petrochemical Exporters’ Association added that Tehran and Beijing are planning joint projects in the oil sector. He did not disclose the details because some contacts in this case may be blocked by American sanctions.

Press service of the International Energy Agency (IEA) reportedHe stated that in January 2023, the physical volume of oil exports from Russia increased by 400 thousand barrels per day (b/d) compared to December of last year and reached 8.2 million barrels/day. Export revenues increased by 0.7 billion dollars to 13 billion dollars.

Last week, Bloomberg cited data from analysts at energy consulting firm Energy Aspects. Wrote It’s about China increasing its oil purchases from Russia.

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