Tag Archives: Asia

Two NIGC subsidiaries will be liquidated due to their non-economic activities.

Gas production at phases 19. 20 and 21 will reach full capacity by the end of the current Iranian calendar year.

Iran'.s total natural gas output has reached 840 mcm d from 490mcm d in 2013.

Iran is reportedly engaged in swap negotiations with Russia. Turkmenistan. Kazakhstan and Azerbaijan.

Most of the sources of dust storms are in neighboring Iraq. Saudi Arabia and Syria.

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

The company is expected to launch the platform of phase 22 of the gas field which is shared by Iran and Qatar. by June.

Given the growing demand for Iranian heavy crude. its price per barrel increased by 77 cents to be traded at 52.70 cents.

The $300-million FPSO unit was built in Singapore and will be deployed above the South Pars'. oil layer in the near future.

The project is aimed at improving the refinery'.s processing capacity and efficiency.