China. Iraq. Turkey. the UAE and Afghanistan were Iran’s main export destinations over the period.

Iran’s total capacity of thermal power is around 550 TWh.

Ecuador’s oil reserves are estimated at 8.3 bln barrels of oil. Oil production in 2018 was at 517.000 barrels per day.

The companies plan to provide services for the commissioning and operation of LNG plants.

OPEC is counting on Russia to help sooth tensions between Iran and Saudi Arabia in order to help the global oil market stabilize.

Deputy Prime Minister of Russia’s Republic of Bashkortostan (known as Bashkiria) Andrey Nazarov said that there is no restriction facing the expansion of business transactions between Islamic Republic of Iran and Russia.

The oil ministers of Iran and Saudi Arabian have met with each other in Moscow. according to Iranian minister Bijan Zanganeh.

A conference was held in Iraqi Kurdistan capital of Erbil on Sunday with the participation of Iran'.s ambassador to Baghdad and those active in the economic sector of Iran and the KRG.

Iran Oil Minister Bijan Zangeneh told Sputnik that export of oil is Iran'.s legitimate right and for doing that the country would employ any methods and would not give up in the face of US sanctions.

The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of light crude oil on the international floor of the Iran Energy Exchange (IRENEX) on October 8 at $61.1 per barrel.