Tag Archives: Iran

Iran’s Oil Output Capacity Increases 40% in 2 Years

Iran’s oil minister said Iran’s oil production capacity has increased 40 percent with the rise in investment in semi-finished oil projects. Since the beginning of the administration of President Ebrahim Raisi (August 2021), increasing investment opportunities in the oil industry’s projects has been prioritized as one of the key factors …

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Iran’s Natural Gas Export Rises 16%

Iran’s natural gas exports in the current Iranian calendar year (started on March 21) increased by 16 percent compared to the previous year, according to the managing director of the National Iranian Gas Company (NIGC). According to Majid Chegeni, the country’s annual liquefied petroleum gas (LPG) exports also registered a …

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China’s Iranian Oil Imports Hit 10-Year Record High

China’s oil imports from Iran have been soaring in August so that the shipments are expected to reach 1.5 million barrels per day (bpd), the highest since 2013, Blomberg reported citing estimates from data intelligence firm Kpler. Based on the Kpler data, China shipped in 917,000 bpd of Iranian oil …

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