Talking to SHANA, Malek Shariati Niasar praised the Oil Ministry’s efforts and added, “In its last days, the previous government said ‘we cannot sell even a drop of oil and recover the country’s oil revenues’”, reiterating oil revenues, however, have soared under the current administration.

Furthermore, the 13th administration has promoted energy diplomacy by expanding relations with neighboring states and other countries in this sector and has sustainably supplied fuel at a time domestic consumption has increased sharply, the lawmaker continued.

Shifting to budget deficit and its connection with oil revenues, the member of the Parliament’s Energy Committee said the country did not face a budget deficit in 2022 and will not face it this year as a considerable portion of the budget deficit has been compensated by oil revenues.