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Last year. South Pars refineries produced 521.753 tons of graded sulfur of which 520.888 thousands were exported.

Farzad B was discovered by OVL in the Farsi block about 10 years ago.

Iran has plans to process 72 million tons of petrochemicals by the end of the current year.

Iran'.s exports to Asia last month were the lowest since February 2016. Reuters'. calculations showed.

Nearly a third of the UK’s gas imports are from the tiny Gulf state.

The diplomatic dispute has stoked concern that any supply disruption could spill over into global gas markets.

In reality though. Qatar can block exports to certain countries by issuing so-called destination restrictions.

Algeria has announced plans to increase gas output to 141.3 billion cubic meters (bcm) this year and 143.9 bcm in 2018. from 132.2 bcm in 2016.

Qatar Petroleum is determined to continue its lead position in the gas industry with its expansion plans.

South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.