Around 17 billion cubic meters of gas is burned off in Iran annually which translates into a $4-6 billion loss for the treasury.
Read More »New Law Defines Energy Consumption and Production Roadmap
Iran'.s crude refining capacity is reportedly 1.85 million barrels per day.
Read More »Iran’s Energy Sector 2016: The Notable Events
Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.
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