Tag Archives: Greece

The South Caucasus Pipeline Expansion Project has been completed by 85 percent.

The planned second line of the Turkish Stream is intended for the supply of gas to European states.

A 20-year power purchase agreement (PPA) was signed with a guarantee from SATBA.

The share of crude is 2.265 million barrels per day and the remaining is related to gas condensates.

Iran is making rapid forays into the European crude oil market.

It is no surprise that historically Iran’s national tanker line NITC is the largest provider of tonnage.

Iranian crude exports via tankers jumped to 563 shipments last year from 66 in 2012.

The global 2016 output stood at over 1.6 billion tons. up 0.7% year on year.

Iran used to sell around 800.000 bpd to European buyers before the tightening of international sanctions in 2011 and 2012.