Social and Events

Oil production would continue falling and possibly accelerate throughout 2019 as sanctions-related deadlines pass.

The Iraqi people will stand beside the Islamic Republic of Iran against threats.

Rystad expects North Sea oil production to drop to 2.28 million bpd with 462 000 bpd lost due to outages.

The completion of the Nord Stream 2 gas pipeline construction and the start of its operation can be delayed until the second half of 2020.

Iran has the right to partially suspend its commitments under the 2015 nuclear deal.

There is no alternative that competes on volume or price or speed of delivery of Iran’s electricity.

Saudi Arabia early on May 13 said two of its oil tankers were damaged.

Iran will continue to exports aluminium to its neighbouring countries despite US sanctions.

Iran has already slammed Pakistan for failing to adhere to the bilateral deal and delays in laying down the pipeline.

China increased its purchase of Iranian oil from March to April.