Companies

Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.

Under the contract. the company will supply compressor trains each comprising a Siemens STC-SV vertical split compressor for the processing plants.

This is Siemens'. first huge oil and gas order since the easing of sanctions in January 2016.

The tender is expected to raise at least $100 million.

Iran is developing the giant South Pars field in 24 phases.

Iran foresees no challenge in forming oil cooperation with America as positive signs can be already seen in this regard.

OMV has a long lasting partnership with Iran and entered the country in 2001.

Iran will soon take legal action against Türkmengaz company for bringing gas exports to a halt.

Iran was the first and largest manufacturer of MDI in the Middle East.

Iran holds 38% of the petrochemical market in the Middle East.