Oil

Iran aims to raise natural gas production to 1.1 billion cubic meters per day in the present fiscal year.

Iran is on the top rank of gas reserves and the fourth rank of oil reserves in the world.

Phase III of Pardis Petrochemical Plant along with Kaveh Metanol Project are also nearly ready for inauguration.

Sarakhs Zone is ready to accept and cooperate with foreign investors.

It is estimated that the complete development of the South Pars phases will guarantee Iran’s energy supply.

LAB is an important input in the detergent industry.

Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.

Imports into China from non-OPEC countries has risen from just 34 percent to 43 percent over the last five year.

The volume of non-oil exports reached $44 billion last year.

Iran has planned to issue tenders on 49 oil and gas fields based on newly designed agreements.