Tag Archives: International Organizations

Oil prices have fluctuated this year. falling below $45 a barrel and going above $59.

There were several pending issues with Iran particularly relating to the oil payment. Most of them have been resolved.

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.

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.

Earlier. US President Donald Trump announced that his administration will not re-certify Iran’s compliance with the 2015 JCPOA nuclear agreement.

Trump said key members of Congress are already working to amend INARA. as they have roughly 90 days before the next certification period.

Earlier. Barkindo said that in addition to production. it would be enriching also to look at other parameters such as export.

Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.

The field. located near the southern Iraqi city of Basra. pumped its first oil in September 2013.

India needs urgent measures to address the inexorable increase in domestic energy demand. which is driven mainly by the fast urbanization of the population.