Iran has exported as much as $23.2 billion worth of crude oil in the six Iranian calendar months to late September, according to a report by the country’s customs administration (IRICA).
The IRICA report said on Saturday that the figure showed a surge in comparison to that of last year’s corresponding period. But it did not provide any further data.
The report added that some 28.1 million tons of petrochemicals, valued at $11.3 billion, were exported from Iran in the six-month period, marking a 5% year-on-year rise in terms of weight and a 7% year-on-year increase in value terms.
An early August report by Reuters said that Iran’s oil production in July reached 3.22 million barrels per day (bpd), the highest level since the US withdrew from the nuclear pact with Iran and re-imposed sanctions on the country in 2018.
It stressed that Iran has been boosting exports in the last few years despite US sanctions remaining in place.