Tag Archives: Financial Tribune

The terminal could ease the load of tanker traffic at Kharg Oil Terminal off the Persian Gulf coast that is responsible for more than 90% of Iranian oil exports.

Under the sanctions. Iran'.s oil output was slashed by nearly 40% as a handful of buyers shipped in about 1 million bpd of oil from the country under special waivers.

Iran has the potential to continue producing oil for at least a century.

Trump said key members of Congress are already working to amend INARA. as they have roughly 90 days before the next certification period.

Kazemi was designated as an adviser to the oil minister after four years at the helm of the state-owned company.

Tehran has signed a raft of agreements with the likes of Eni. Shell. Schlumberger. Lukoil. Wintershall and OMV to study and potentially develop its massive oil and gas deposits.

Officials and experts have warned about the adverse impact of the plan on groundwater resources and aquifers.

The number of crude oil carriers berthed at the Kharg Oil Terminal in the Persian Gulf in the past nine months has witnessed a 28% rise compared with last year'.s corresponding period.

NISOC'.s contractual model conforms to the outlines of IPC. such as terms of 20-25 years and higher rewards for riskier projects. but differs in specifics.

Nematzadeh. 72. served as the minister of industries. mining and trade between 2013 and 2017 during the first term of Hassan Rouhani as president.