Iran s Oil Revenue Exceed Budget Targets


(MENAFN- Qatar News Agency) Iran's oil exports were in line with budget targets since the beginning of the current Iranian calendar year (March 21, 2013), a deputy oil minister said. Deputy Oil Minister for planning and supervision on hydrocarbon resources Mansour Moazzami said that up to now oil revenues have overtaken the figures stipulated in current year's budget, reported Iran's Fars news agency "While budget law has fixed oil prices at 92 dollars per the average oil price has been 103 dollars so far, implying making more revenues in comparison to budget targets," he added "The Oil Ministry is ready to boost oil exports when sanctions are lifted Meanwhile, in his remarks, he said that Geneva talks between Iran and six world powers will, certainly, influence Iran's relations with international oil companies and states."During the short period following Geneva deal struck late November, a number of political figures have travelled to Iran indicating their willingness to have ties with the Islamic Republic of Iran", Moazzami noted.


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