Tag Archives: Asia

Iran and the six world powers (the US. France. Britain. Russia. China and Germany) started implementing the nuclear agreement on January 16. 2016.

With completion of the 1st phase of Setareh Khalij Fars Refinery. Iran will stop importing gasoline from March.

That’s the first oil consignment sent to Indonesia after the elimination of international sanctions in 2016.

PetroChina is the country'.s biggest oil producer.

Iran'.s crude oil production rose by 50.200 barrels per day in January over the previous month. reaching 3.75 million bpd.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

Ryabkov noted that the new US administration will reach the same conclusion after scrutinizing the accord.

Iran wants not only to upgrade its dilapidated refineries but also build new ones.

Iran has made inroads in its oil and gas exploration sector with discoveries of 13 oil and gas reservoirs over the past three years.

Iran currently draws 480 mcm d of gas from South Pars which it shares with Qatar.