Iran has 33.5 trillion cubic meters of proven gas reserves - the second largest in the world after Russia.
Read More »OPEC Oil Price Continues to Rise
The price of OPEC’s basket of 13 crudes stood at $51.50 per barrel on May 22.
Read More »Arab States Request Iran`s Natural Gas
The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.
Read More »NIGC Denied Underselling Gas to Turkey
Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.
Read More »Iran in Talks with Persian Gulf States to Export Gas
Iran'.s priority for gas exports to Europe was to proceed with LNG.
Read More »Portuguese Official Optimistic about EU-Iran Gas Deal
Iran'.s gross gas output stands at 285bn m3 yr.
Read More »Gazprom to Adjust Gas Extraction Plan in 2017 Due to Demand Growth in EU
The extraction capacities of Gazprom will allow to cover all the additional demand this year.
Read More »European Firms Looking for Gas and Oil Cooperation with Iran
Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.
Read More »Iran Crude Oil Slips Below $50
Iran pumped 3.759 million barrels per day in April. trimming 39.000 barrels in daily crude oil production compared to the previous month.
Read More »Caspian Pipeline to Boost Oil Exports
The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.
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