Oil and gas development in Iran is attractive to foreign companies because of the relatively lower costs of oil and gas production/exploration in the country.
Read More »4 Asian Countries Increase Oil Imports from Iran
India topped China'.s imports for a third straight month as its imports from Iran grew more than four-fold from a year earlier to 620.000 bpd.
Read More »Expansion of Oil Exploration in Persian Gulf
NIOC has widened the scope of exploration activities in the Persian Gulf.
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