Tag Archives: Ali Kardor

Iran used to sell 800.000 bpd to European refiners in Italy. Spain. Greece. Romania. France. the Netherlands and Poland in the pre-sanctions period

Iran currently exports 600.000 to 700.000 barrels per day of crude oil to Europe.

Pertamina signed a nondisclosure agreement last August with NIOC to conduct studies on the oilfields.

.NIOC has approved 11 domestic corporations for partnership with internationals in future oil and gas projects

Iran is estimated to be stilling atop 711.53 billion barrels of in-place oil reserves of which 102.33 billion barrels are recoverablle

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

.Iran has increased its gas in-place reserves by 1.8 trillion m³ to about 55.3 trillion m³

.Iran'.s production of natural gas from the supergiant South Pars Gas Field stands at 480 mcm/d

.Pasargad will have six months to complete its studies and submit a development plan

.Iran will launch new contracts to develop oil and natural gas fields in mid-February