Tag Archives: Export

Iranian crude will be offered on the bourse and the private sector can export it.

Iran is currently producing roughly 830 mcm d of natural gas of which 45 mcm d is exported to Iraq and Turkey.

In China'.s case. the Iranian crude oil is essential.

The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.

The new pipeline will double Russia’s export capacity of 55 billion cubic metres to Germany.

The South Asian giant consumes almost 22 million metric tonnes a year of liquefied natural gas.

Clashes had already forced the NOC to suspend operations at the two other ports. slashing output by 450.000 bpd.

Gazprom’s record annual gas deliveries under all export contracts stand at 205.3 billion.

The European Union said it is going to oppose any attempt to sell or purchase Libyan oil outside the official channels managed by NOC.

The state-owned company is looking at both shale and conventional resources in the US.