Iran prefers exporting liquefied natural gas (LNG) to distant markets including the EU. but no agreement has been reached so far for construction of the plants for the purpose.
Read More »Non-Oil Trade Would Play a Key Role in Iran’s Economic Growth
Iran’s non-oil exports over the last fiscal year (started March 20) valued at $43.93 billion. The figure for the first half of the current year was $20.5 billion.
Read More »Iran Recoverable Oil Reserves Estimated at 101b Barrels
Iran has the potential to continue producing oil for at least a century.
Read More »Trump Kicks Nuclear Deal Ball into Congress Court
Trump said key members of Congress are already working to amend INARA. as they have roughly 90 days before the next certification period.
Read More »Why Using Export Quotas in OPEC Risky?
Earlier. Barkindo said that in addition to production. it would be enriching also to look at other parameters such as export.
Read More »New Chief Appointed for NIORDC
Kazemi was designated as an adviser to the oil minister after four years at the helm of the state-owned company.
Read More »Civil War Looms in Iraq as Kurds Reinforce Oil-Rich Kirkuk after Rumors of Attack
Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.
Read More »Thousands of Troops Sent to Kirkuk to Face `Iraqi Threat`
The Kurds have repeatedly called for negotiations following the referendum in which an overwhelming majority voted for independence.
Read More »India Needs Help to Boost Oil Production
India needs urgent measures to address the inexorable increase in domestic energy demand. which is driven mainly by the fast urbanization of the population.
Read More »Europe Braces for End of Iran Nuclear Deal
Trump is expected to have a decision on the nuclear deal as early as Friday.
Read More »