SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.
Read More »Gas Grid Comes to Zahedan
Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Total in Talks to Buy Iranian LNG Project
Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.
Read More »South Korea’s Oil Imports Surge Driven by Iranian Supplies
South Korea has been one of the backbone customers of crude oil from Iran.
Read More »Iran Transport Projects Attract $12b in 2 Years
Iran is paying only 15% of the prices. while the rest will be covered by global financing firms.
Read More »70 Foreign Companies to Attend Int’l Steel Exhibition in Tabriz
Iran. producing 18 million tons of steel products. is now the 14th largest steelmaker in the world.
Read More »South Pars Gas Output Exceeds 132 bcm
South Pars'. sulfur output in the last 11 months was 472.000 tons. which is expected to rise in the near future.
Read More »Indonesia Interested in Long-Term Crude Purchase from Iran
Indonesia and Iran agreed to build an oil refinery in Indonesia at a cost of US$5 billion with a processing capacity of 300.000 barrels of crude oil per day.
Read More »Iran. Italy in Green Energy. Power Plant Talks
About 10% of our total electricity output comes from hydroelectric power stations
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