Tag Archives: Investment

Two vessels will carry out 2D and 3D seismic exploration work.

The National Iranian Oil Company is expected to announce its decision on India'.s proposal soon.

The plant will be capable of incinerating 350 tons of municipal waste and converting it into 20 MW of electricity per day.

Production is expected to exceed 50 million tons in the present fiscal that ends on March 20.

The refinery is currently supplying 25 per cent of the country’s gasoline demand.

Iran plans to invest $100 billion in upstream oil and gas projects by 2021.

Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.

OPEC officials have repeatedly said the group does not target a specific oil price.

Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.

Iran is paying only 15% of the prices. while the rest will be covered by global financing firms.