The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra.
Read More »Iran Obligated to Supply Cut Deal
Iran was the only country allowed to slightly boost output.
Read More »East Asian Companies Briefed on Iran Petroleum Contract
NIOC says a second list of qualified companies will be made available soon.
Read More »Iran Welcomes Russia in Europe Gas Transfer Plan
Russian companies have indicated interest in Iran’s gas development projects.
Read More »Iraq Plans to Triple Gas Liquids Exports from Southern Oilfields
Gas condensate exports are set to rise to 400.000 cubic metres this year. from 200.000 cubic metres in 2016.
Read More »Iran to Realize OPEC-Designated Production Quota
It was decided during the meeting that majority of members curtail production by a combined amount of 1.2 million barrels.
Read More »Iran to Raise Output by 90.000 bpd on OPEC Decision
The average production of oil during the first 6 months of the year should stand at the established quota.
Read More »Iran. Oman to launch joint auto plant
Iran and Oman have agreed to conduct joint venture in Chabahar Free Trade Zone.
Read More »3 Factors Posing Threats to Higher Crude Prices
Three factors could pose major threats to the anticipated upsurge in global oil prices in 2017.
Read More »Iran Easily Go Back to Pre-JCPOA Conditions
Tehran does not want to see the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) to be torn off.
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