Tag Archives: International Organizations

.Iran does not need Turkmenistan'.s gas as it does not affect the country'.s domestic needs

. Analysts are watching closely whether OPEC and non-OPEC members stick to their commitments

.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November

The French company has already started its operations in development project of phase 11 of Iran’s South Pars oil and gas field

.The price of OPEC basket of thirteen crudes stood at $53.92 a barrel on Feb.2

.World oil prices are rising on Feb.3 on threat of US imposing new sanctions on Iran

.The NITC chief said his company has signed deals with foreign companies for leasing 35 tankers

.The US imported about 3 million barrels a day from OPEC last year

.Current oil byproducts exports capacity namely diesel and liquefied natural gas stands at 500.000 barrels per day

Iran was exempted from an OPEC deal in January to reduce output by 1.2 million barrels per day (bpd)