Tag Archives: China

.The first phase development of the field was inaugurated by Iranian President Hassan Rouhani in November 20

Iran has close to 34 trillion cubic meters of natural gas reserves. which is around 18% of the global gas reserves.

Some 50 French firms will take part in a Franco-Iranian economic forum.

Turkmenistan had threatened to stop gas exports because of arrears in payments.

JCPOA was signed in July 2015 between Tehran on the one hand and the US. the UK. France. Russia. China and Germany. on the other.

Russian oil producers achieved a major milestone in 2016.

The global 2016 output stood at over 1.6 billion tons. up 0.7% year on year.

Iran used to sell around 800.000 bpd to European buyers before the tightening of international sanctions in 2011 and 2012.

Iran currently produces 8 million tons of LPG per year.

Iran is developing the giant South Pars field in 24 phases.