Tag Archives: Development

The company is expected to launch the platform of Phase 22 of the gas field which is shared by Iran and Qatar by June.

Iran'.s total natural gas output has reached 840 mcm d from 490mcm d in 2013.

Iran is reportedly engaged in swap negotiations with Russia. Turkmenistan. Kazakhstan and Azerbaijan.

The company is expected to launch the platform of phase 22 of the gas field which is shared by Iran and Qatar. by June.

The project is aimed at improving the refinery'.s processing capacity and efficiency.

The line will boost electricity exchange between the two countries by four times to around 1.200 megawatts once completed.

Iran’s crude oil and condensate exports rose three percent month-on-month in January.

Pertamina signed a nondisclosure agreement last August with NIOC to conduct studies on the oilfields.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

.The oil layer is projected to hold heavy crude with an API gravity of 8-16