Iran discloses value of oil products exported by private companies
BAKU, Azerbaijan, Dec. 30
By Elnur Baghishov - Trend:
Iranian private companies exported oil products worth more than $1 billion during the period less than four months, Reza Padidar, director of the Energy and Environment Committee of the Tehran Chamber of Commerce, Industries, Mines and Agriculture, said, Trend reports referring to the Chamber’s website.
“The private companies exported more than 2.7 billion liters of oil products during the reporting period,” the director added.
Commenting on the budget for the next Iranian year (from March 21, 2020 through March 21, 2021), Padidar added that oil revenues worth 480 trillion rials (about $11.4 billion) are envisaged in the budget.
“The most important income in next year's budget is tax revenues,” the director added.
The Iranian president submitted the draft budget worth 4.8 quadrillion rials (about $115 billion) for the next Iranian year (from March 21, 2020 through March 21, 2021) to the parliament on December 8.
The budget for the next Iranian year is 19.8 quadrillion rials (about $473 billion). The budget will be approved by the parliament after consideration.
The Iranian Chamber of Commerce, Industries, Mines and Agriculture and its sub-divisions are run by the private companies.