Oct 1, 2018, 5:00 PM
News Code: 83050848
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Iran has full access to oil revenues

Tehran, Oct 1, IRNA- Deputy Minister of Oil, says Iran considers no limit to gain full access to oil export revenues, and even Iran's revenues have increased by 40 percent since last year.

'There are several solutions for accessing oil revenues,' Ali Kardor told reporters Sunday evening.

He added, 'Of course, it should be noted that transactions in the world are in the form of a bank and less by banknotes.'

He continued, 'I cannot talk about oil exports and customers, because this leads to exploitation and sabotage by the enemies.'

He said about the development of oilfields, 'Tenders are being held for some oilfields, including Ahvaz oilfiled'.

'We are also negotiating a number of oilfields, one of which is ongoing with the Russian company,' Kardor added.

Managing director of the National Iranian Oil Company commented on the claim that the country's production has declined and said, 'We have no plan to cut production, and we are now seriously working on production, and even delayed the repairs.'

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