TEHRAN -- Member of the Energy Committee of the Islamic Consultative Assembly Hussein Husseinzadeh said that Iran’s oil exports are in a favorable condition and we will experience better conditions by bartering oil with goods and services.”
Hosseinzadeh said that according to Central Bank statistics and a report presented by Iranian Minister of Petroleum Javad Owji at a joint parliamentary-administration meeting with members of the parliament’s energy committee, the country’s oil sales grew significantly compared to last year.
“I also believe that the trend of oil sales is increasing compared to the past and petrochemical exports are in a good condition,” he said.
He added: “Currently, in addition to increasing oil exports, we must have a long-term and pivotal view on the maintenance and protection of oil reserves, because this issue can lead to the further development of the oil and petrochemical industry.”