NIOC’s Gasoline Revenues Decline

The National Iranian Oil Company’s gasoline exports revenues decreased by 75% in 2021 compared to a year ago.
The state-owned firm earned close to $3 billion in revenues by selling the fuel to neighboring states, including Iraqi Kurdistan, Afghanistan, Pakistan, Armenia and some African states, which indicates a sharp decline to $750 million in 2021, Tasnim News Agency reported.
According to the Islamic Republic of Iran Customs Administration's Statistics Office, NIOC exported around 2 million tons of gasoline between March 2021 and March 2022, down 75% compared with the corresponding period of a year ago when the volume amounted to 8 million tons.