Tag Archives: Asia

Iran has sold its entire inventory of gas condensates in China.

The first agreement entails the joint development of Parviz Oilfield. which adjoins Iraq'.s Naft Khaneh field and Khorramshahr Oilfield.

Saudi Arabia’s crude exports declined to 8 million barrels a day in December.

The EU restrictions made it difficult for Japanese importers to take in Iranian oil products.

NIOC'.s priority is signature of deals under the new framework of oil contracts.

Last week that the ministry had allocated 1 trillion rials (around $25 million) to restore power in Khuzestan.

The two countries can develop constructive bilateral ties based on mutual respect and cooperation in the post-deal era.

There are also potential natural gas reserves in the region.

Commitments in the energy sector include Pertaminas plan to invest there as well as gas imports.

SOCAR suggested proposals to Iran on oil swap and this issue is being considered.