Tag Archives: Export

Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.

OPEC oil basket’s price stood at $44.23 per barrel on June 27. or $1.09 more than on June 26.

Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.

Iran is exporting around 2.6 million barrels a day of oil and gas condensates. which are mainly exported from Kharg Terminal.

Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.

During the period of sanctions. oil production in the country was capped at about 2.7 million barrels a day. including 1 million barrels sent to export markets.

Over past years. 5.000 trucks transit goods between the two countries. now it reaches to 15.000.

Under the sanctions Iran’s oil production was 2.7 million barrels per day. with one million barrels heading for export markets.

The two sides looked forward to building the third electricity transmission line as the grounds for gas trade multiplies.

Iran and Indonesia intend to augment bilateral trade to $2 billion in 2017.