Tag Archives: Bijan Namdar Zangeneh

Total had declared that the final decision on agreement with Iran depends on the extension of Iran’s sanctions relief by the US government.

Farzad B was discovered by OVL in the Farsi block about 10 years ago.

Iran is the biggest natural gas exporter to Turkey and started the export in 2011.

South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.

OPEC and non-OPEC countries agreed to extend production cuts for nine months.

Iran is now waiting for Russian oil companies to send their oil.

The today OPEC meeting is to focus on the extension of the November 2016 agreement on cutting oil supply.

In 1999. Iran made the same move to domestically manufacture gas turbines for consumption in its gas industry.

OPEC members are preparing to hold meeting on May 25 to discuss the market and oil cut deal in Vienna.

The highly anticipated meeting is expected to extend the organization'.s output cut plan for another 6 months.