Iran’s oil exports in winter up by 14.4% - Central Bank

Business Materials 17 July 2016 14:11 (UTC +04:00)

Baku, Azerbaijan, July 17

By Khalid Kazimov – Trend:

The volume of Iran’s crude export in winter increased by 14.4 percent year on year, the country’s central bank suggested in its latest statistics.

On average, Iran exported 1.787 million barrels of oil per day in a period of three months between December 21, 2015 and March 19, 2016, IRNA news agency reported.

In the meantime, the country produced 3.379 million barrels of oil.

According to the report, over the last Iranian calendar year (ended March 20) the country, on average, produced 3.231 million barrels per day, indicating 5.5 percent growth year on year.

In the preceding calendar year Iran (ended March 21,2015), the country produced 3.063 barrels per day out of which 1.435 million barrels were exported.