Tag Archives: Bijan Namdar Zangeneh

Iran will press for carefully bringing back some of its own production.

The freight discount offered by Iran will translate to a discount of up to $1 a barrel. one of the sources told Reuters.

Iran has already started exporting gas to the Iraqi capital of Baghdad and it will begin exporting LNG to Basra in the coming months.

Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.

OPEC. allied suppliers to meet in June to assess crude market .

TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.

Iran'.s gas production output from the joint field with Qatar will increase by 100 million cubic meters in the near future.

Iran is currently producing 4.5 million tons of ethane annually which will cross 6 mt y next year and 10 mt y by 2020.

Total is the operator of the SP11 project with a 50.1% interest alongside the Chinese state-owned oil and gas company CNPC (30%). and Petropars (19.9%). a wholly owned subsidiary of NIOC.

OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.