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Iranian oil makes up 7% of Japan's and 30% of all Greece's oil imports. [17] Iran is also a major oil supplier to Spain and Italy. [37] In 2010, officials in Iran estimate that Iran's annual oil and gas revenues could reach $250 billion by 2015 once the current projects come on stream. [8]
Iranian Central Bank data show a declining trend in the share of Iranian exports from oil-products (FY 2006: 84.9%, 2007/2008: 86.5%, 2008/2009: 85.5%, 2009/2010: 79.8%, FY 2010 (first three quarters): 78.9%). [270] Iranian officials estimate that Iran's annual oil and gas revenues could reach $250 billion by 2015 once current projects come on ...
Iran has another 10% joint-venture participation with BP and other foreign oil companies in Azerbaijani Shah Deniz gas field, producing 8 billion cubic meters of gas per year, worth up to a reported $2.4 billion per year.
Iran's total revenues from the sale of oil amounted to $77 billion in Iranian year 1387 (2008–09). [13] The average sale price of Iran's crude oil during that year was $100 per barrel. [ 13 ] According to the National Iranian Oil Company , Iran's average daily production of crude oil stood at 4 million barrels (640,000 m 3 ) per day.
Crude oil export revenue by country (annually) A world map of countries by oil exportation, 2022. This is a list of oil-producing countries by oil exports based on data for 2022 by CEIC. Oil in this list refers to base crude oil only, and not refined petroleum products such as gasoline, diesel and airplane fuel.
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
Economic growth, however, became increasingly dependent on oil revenues in the 1970s. By 1977, oil revenues had reached US$20 billion per year (79 percent of total government revenues). Other sectors of the economy and regions of the country did not experience a uniform pattern of growth during this period.
Iran has the second largest oil reserves in the world, and the third largest exporter of it. [citation needed] By the end of 2009, Iranian oil R/P ratio was 89.4 years which is the world's highest. [29] By 2009, Iran had 52 active rigs and 1,853 producing oil wells. [30] Iran possesses abundant fuels from which to generate