Tag Archives: Asia

Iran was the first and largest manufacturer of MDI in the Middle East.

Iran’s will practically end gasoline imports in the next Iranian calendar year.

The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra.

Iran was the only country allowed to slightly boost output.

NIOC says a second list of qualified companies will be made available soon.

Russian companies have indicated interest in Iran’s gas development projects.

Gas condensate exports are set to rise to 400.000 cubic metres this year. from 200.000 cubic metres in 2016.

It was decided during the meeting that majority of members curtail production by a combined amount of 1.2 million barrels.

The average production of oil during the first 6 months of the year should stand at the established quota.

Iran and Oman have agreed to conduct joint venture in Chabahar Free Trade Zone.