Tag Archives: Financial Tribune

Iran'.s gas supply to Armenia is seasonal and Turkey is the only country that purchases Iranian gas throughout the year under a long-term contract.

Iran opened its energy market to foreign investment following the lifting of international sanctions in January 2016.

JCPOA reflects a culture of cooperation to ensure the peaceful use of nuclear energy.

Iran needs to expand power generating capacity by 5.000 MW annually. or 20.000 MW in four years.

The nuclear pact was signed between Iran and six world powers to curb Iran'.s nuclear program in exchange for lifting international sanctions.

Essar Oil’s imports from Iran in October were about 88% higher than the previous month.

Work on transporting and installing the offshore structures of Phase 13 is underway.

With an extraction rate of 16%. Azar is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.

The field'.s current output. which stands at 80.000 bpd. will increase by 20.000 bpd as soon as the 13 newly-drilled wells go on stream.

A total of 48.000 contracts have traded over the last few days that would profit most if Brent spikes before Christmas.