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In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.
Read More »Oman-Iran to Finalize Subsea Gas Pipeline Deal
South Korea`s Import of Iranian Crude Down in March
The country’s final data for March crude imports data will be released by state-run Korea National Oil Corp (KNOC) later this month.
Read More »Ukraine Intends to Impose Sanctions against Companies Participating in the Construction of Nord Stream-2 Pipeline
Ukraine opposes the North Stream-2 project.
Read More »Russian Oil Producers to Make Money from China’s Yuan-Backed Crude Futures
China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.
Read More »Oil Rises on Syria Tensions
A surplus in global oil inventories is also close to evaporating. OPEC said on Thursday.
Read More »Syria Attacked Just as It had Chance for Peace
Syria has been attacked just as it had a chance for peace.
Read More »14 Companies Interested in Iraq`s Oil Development Contracts
Iraq hopes to end gas flaring by 2021.
Read More »Russia. Iran Slam US-Led Strikes on Assad Regime in Syria
Iran is opposed to the use of chemical weapons on the basis of religious. legal and ethical standards.
Read More »Iran Oil Arrives in Poland
It took a month for the Delta Kanaris tanker to transport the Iranian cargo from the Kharg island to Gdansk.
Read More »IEA Says OPEC Mission Accomplished
OPEC and its allies were poised to extend the pact into 2019 even as a global glut of crude was set to evaporate by September.
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