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Currently. Iran has agreements with Iraq and Oman to supply 28 bcm y of gas.

Iran aims to attract $72 billion in foreign investment for 80 petrochemical projects.

OPEC members are preparing to hold meeting on May 25 to discuss the market and oil cut deal in Vienna.

Iran’s electricity exports to Iraq have steeply risen this year.

A strategic plan for cooperation of Tehran and Kiev in energy and exchange of goods has been provided.

Iran is faced with no problem when spending its oil money.

The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.

Iran has unique potential for turning into a major player in global oil and gas markets.

POGC also planned to develop Farzad A. Farzad B. Golshan and Ferdowsi oil fields in the near future.

Germany’s Siemens plans to resume providing power transformers to Iran.