Tag Archives: Development

IPC is the first Iranian oil contract that clearly stipulates a role for domestic oil and gas equipment manufacturers.

Our policy is to have cooperation with big companies such as Total.

In the time since the nuclear deal. Iran has seen success in other business ventures.

South Pars is part of the world'.s largest gas field which is shared with neighboring Qatar.

ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.

This contract will send a strong political message to the world especially at the time that the Americans have adopted a confrontational course (against Iran).

The SOCAR is Azerbaijan’s largest oil and gas company and AzMeCo’s activity is focused on petrochemical projects development.

Total and the National Iranian Oil Company (NIOC) signed a deal to develop phase of 11 of South Pars. which is the world'.s largest gas field.

LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.

The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.