Tag Archives: International News Agency

. 60% of oil consignments go to Asia and the rest to oil terminals in Europe.

Parts of the exported gas are due to be transferred to the target markets after being turned into the liquefied natural gas (LNG).

Iraq is OPEC'.s second-largest producer. after Saudi Arabia.

India'.s oil imports from Iran rose 1.5 percent in January from the previous month.

Iraqi Oil Minister plans to create an oil tanker fleet in order to help the country access global markets.

The inventory trend in the US raises doubts about whether the OPEC production cuts have actually resulted already in a tighter supply situation.

The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.

In January. Iran was the third biggest oil supplier to India after Saudi Arabia and Iraq.

Iran and China will soon sign their largest deal in petroleum refinery industry worth three billion dollar.

Iran and the six world powers (the US. France. Britain. Russia. China and Germany) started implementing the nuclear agreement on January 16. 2016.