Ahmadinejad and half trillion USD oil income

Dalga Khatinoglu, Trend Agency's Iran Service Department Chief With the passing of 15 months from Iran's former Mine and Industry Minister Eshagh Jahangiri's statement about Ahmadinejad administration's $450 billion oil crude revenues until March 2011, former deputy of Iran's oil minister Akbar Torkan updated the figure on Aug.4, saying Iran's oil revenues during Ahmadinejad's seven-year long two terms of the presidency (from June 2005 till now) has totalled to $531 billion. It is now 103 years after the first crude oil production from Iran's Masjed Soleyman oilfield, a project which became operational after seven years of excavation starting in 1901. Mehr News Agency quoted Torkan as saying the country's total oil incomes since 1908 have amounted at $1116 billion, including $140 billion until the Islamic revolution occurred in 1979 and $976 billion afterwards.