Tag Archives: Europe

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.

Iran received the first purchased plane in January. 2017 and two other A 330 planes entered Iran afterwards.

The company will allocate $1 billion to expand the fields in the first phase and if required.

Iran is self-sufficient in topnotch technologies.

Iraqi Kurdistan exports around 500.000 barrels of oil per day.

Russia would keep output cuts of 300.000 barrels per day from the level of October 2016.

Iran'.s priority for gas exports to Europe was to proceed with LNG.

This joint venture further strengthens the deal signed by the companies last year to sell LNG together in the Caribbean.

Linde AG is currently active in the industrial gases. medical gases. equipment. engineering and services sectors.

There could be more cuts if there are other non-OPEC countries that will join the agreement.