Iran’s oil revenues to rise to $14 billion next year

On December 29, 2015, Posted by , In News, By , With No Comments

Deputy Minister of Industry, Mines and Trade Mojtaba Khosro-Taj said on Sunday that if Petroleum Ministry fulfills its promise to raise oil output by 500,000 bpd, Iran’s oil revenues will rise to $14 billion next year. He said that with the current 1m bpd output, if the oil prices reduce…