Iran denies 40 percent drop in oil exports
Spokesman for the Iranian Oil Ministry Alireza Nikzad Rahbar on
Tuesday slammed the recent report that Iran has experienced a
40-percent drop in oil exports,Trend news agency reported referring
to Mehr agency.
He has also denied the 45-percent drop in oil revenues, something
that previously spokesman of Iran's parliamentary budget commission
Gholam-Reza Kateb said.
Kateb earlier said, referring to Iranian Oil Minister Rostam
Qasemi, that the Islamic Republic is facing both a 40-percent drop
in oil exports, and 45-percent drop in oil revenues.
Iran's oil export reportedly has dropped significantly after
western sanctions on Iran's oil export.
The EU, which had bought 18 percent of Iran's exported oil in 2011,
halted purchasing crude oil from Iran.
China, Japan, South Korea, India and Turkey as Iran's major oil
importers reduced Iranian crude oil from 15 percent to above 40
percent during 2012.
According to IEA report, Iran's oil export dropped from 2.2 mbpd in
2011 to around one million barrels in 2012.
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