Companies

.International companies are keen to work with Iran. but the affairs move '.slowly'. here in Iran

The latest sanctions have had no effect on ongoing talks between NPC and international petrochemical giants to attract investme

.Iran'.s gas production has soared to 840 million cubic meters per day from a total of 490 mcm/d in mid-2013

.In 2015. the average global investment cost to develop a new nuclear plant was $5.828 per kilowatt

.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11

.It is expected to the agreement to be completed during the next two months

.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November

The French company has already started its operations in development project of phase 11 of Iran’s South Pars oil and gas field

.The US imported about 3 million barrels a day from OPEC last year

.Current oil byproducts exports capacity namely diesel and liquefied natural gas stands at 500.000 barrels per day