Social and Events

Despite the US sanctions. oil sales in this period will be more than a million barrels a day.

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

Four Libyan oil export ports that were closed last week because of bad weather have reopened.

Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.

Mutual confidence between the government and private sector is the only way to circumvent sanctions.

The Iranian Minister of Energy has in Russia reviewed obstacles on the way of expanding economic cooperation between Iran and Russia.

50 cooperation documents have been signed between Iran and Russia in recent years.

Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.

Iran considerably increased the value of its non-oil exports to Indonesia in the first half of the current Iranian year.

TAP will be 878 kilometers in length (Greece 550 kilometers. Albania 215 kilometers. Adriatic Sea 105 kilometers. and Italy 8 kilometers).