Iran exports oil, gas worth 30 bln USD in 10 months despite sanctions: minister -Xinhua

Iran exports oil, gas worth 30 bln USD in 10 months despite sanctions: minister

Source: Xinhua

Editor: huaxia

2024-02-10 00:06:15

TEHRAN, Feb. 9 (Xinhua) -- Iran generated 30 billion U.S. dollars in revenue through oil and gas exports in the first 10 months of the current Iranian calendar year from March 21, 2023 to Jan. 20, 2024, the semi-official Tasnim news agency reported Friday, citing Oil Minister Javad Owji.

Owji made the remarks at a meeting in the northeastern city of Mashhad on Thursday night while commenting on his ministry's achievements despite the current sanctions on the country, according to the report.

The minister put Iran's current oil production at 3.45 million barrels per day, adding that "under severe sanctions," many of the country's industries had become "self-sufficient."

The United States, long embroiled in a row with Iran over its nuclear program, has intensified sanctions on Iran, particularly on its oil exports and banks, since 2018 after it unilaterally withdrew from a 2015 nuclear deal between Tehran and world powers.

The talks on the revival of the nuclear deal, formally known as the Joint Comprehensive Plan of Action, began in April 2021 in Vienna, Austria. Despite several rounds of talks, no significant breakthrough has been achieved since the end of the last round in August 2022.