Iran predicts 73 billions in oil export income

Oil&Gas Materials 13 July 2011 17:45 (UTC +04:00)

Azerbaijan, Baku, July 13 /Trend/

Iran has predictsed that its oil trade will surpasse $73 billion this solar year, the Fars News Agency reported quoting Economy Minister Shamsoldin Hosseini as saying.

"Iran put first crude oil cargo on international oil exchange at Kish Island on Wednesday indicating private sector participation on oil industry", he said.

Hosseini urged that the approach leads to oil industry development and further investments in the industry and trade.