Iran oil exports rise 70 pct, MP says
Iran's oil exports have increased by 70 percent since the Iranian calendar month of Shahrivar (started on August 22), compared to the same preceding period, member of the Iranian parliament (Majlis), Mohammad Ali Abdollahzadeh, said on Saturday.
Abdollahzadeh also confirmed the possible increase in the oil sector's share in the budget, the Mehr news agency reported.
Iran's oil industry needs a greater share in the budget next year to accelerate the development of projects, Managing Director of National Iranian Oil Company Ahmad Qalebani said.
"We held successful negotiations with the MPs and we expect a rise in oil industry's share in the budget," the Shana news agency quoted Qalebani as saying.
Qalebani had previously said that the country's daily oil and gas output is expected to be 5 million barrels and 1.47 billion cubic meters by 2015.
However, the International Energy Agency, an adviser to 28 industrialised countries, reported last Friday that Iranian exports slipped to 860,0000 bpd in September, a new low. Shipments were 2.2 million bpd at the end of 2011.
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