CBI: Oil and gas sector posts highest industrial growth in autumn

SHANA (Tehran) – The latest report of the Central Bank of Iran (CBI) showed that the country’s oil and sector witnessed the highest economic growth in autumn and the first nine months of the current Iranian calendar year 1401, which started on March 21, 2022.

Based on the CBI report, the sector posted 15.4 percent growth in autumn and 9.3 percent in the nine-month period.

During the Iranian year, 31 major semifinished projects of the Ministry of Petroleum were completed and put into operation through investing 12 billion dollars. 

Development of oil and gas fields, transmission and supply of gas, and collection of flare gas were upstream projects, as refining and petrochemical projects were implemented in the downstream sector in the four corners of the country.

News ID 470369


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