BAKU, Azerbaijan, May 26
By Elnur Baghishov – Trend:
The sales of Iranol Company have tripled in the first two months of the current Iranian year (from March 21 through May 21, 2021), compared to the same period last Iranian year, Executive Director of the Social Security Investment Company, Mohammad Rezvanifar said, Trend reports citing Iranol Oil Company’s website.
Rezvanifar noted that the value of company sales amounted to 12.1 trillion rials (about $289 million) during the reporting period.
“So, the company sold 93 million liters of products in two months. This is an increase of 20 percent compared to the same period last Iranian year,” he said.
The director added that Iranol Oil Company produced 104,000 cubic meters (about 1.04 million liters) over the 2 months. The production also increased by 20 percent, compared to the same period last Iranian year.
Reportedly, Iranol Oil Company is a subsidiary of Social Security Investment Company. The company produces oils for a number of vehicles and etc.
