Iran-Azerbaijan railway is part of a larger national development project called the North-South Corridor.

The first FPSO is still en route to its operational location where it will become installed.

Iranian crude exports via tankers jumped to 563 shipments last year from 66 in 2012.

Iran plans to invest $100 billion in upstream oil and gas projects by 2021.

Iran'.s official stock of enriched uranium has fallen by half

The main purpose of the organization is to promote economic. technical and cultural cooperation among member states.

Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.

Norwegian companies can also offer consultancy to NIOC on rehabilitating dilapidated oil and gas facilities.

OPEC officials have repeatedly said the group does not target a specific oil price.