5 April 2023 - 12:11
  • News ID: 470799
Raeisi: Oil, gas output up 9% in year to March 2023

SHANA (Tehran) – President Seyyed Ebrahim Raeisi here on Tuesday said Iran’s oil and gas production witnessed a nine percent growth in the past Iranian calendar year, which ended on March 20, 2023.

Raeisi, who made the remark in a meeting between government officials and Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, expressed his satisfaction with the production growth during the yearlong period.

The annual growth in the investment sector stood at 7.7 percent, the industrial sector achieved an eight percent growth, oil and gas industry nine percent, machinery and equipment sector 19 percent, auto industry 19 percent, and some heavy industries such as roadbuilding machinery 101 percent, mentioned the president, adding steel and home appliances sectors also enjoyed high growth rates.

“The government is pursuing regional policies and seeking to promote international cooperation,” stated Raeisi, however stressing that his administration has not tied people’s livelihood and the country’s progress to any foreign will.

News ID 470799


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