Tag Archives: Gholamreza Manouchehri

.Iranian resources of oil and gas take the fourth and first place in the world. respectively

Iran has close to 34 trillion cubic meters of natural gas reserves. which is around 18% of the global gas reserves.

Iran was the only country allowed to slightly boost output.

It was decided during the meeting that majority of members curtail production by a combined amount of 1.2 million barrels.

The average production of oil during the first 6 months of the year should stand at the established quota.

The OPEC 171st session aiming at reviewing the oil freeze plan was held in Vienna on November 30.

Oil output in the Iranian field has reached 50 thousand barrels.

NIOC must have approved of all firms with which a cooperation agreement has been inked.

In 2010. Iran stopped oil swaps with Kazakhstan. Turkmenistan and Azerbaijan.

Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.