National Iranian Oil Company (NIOC) produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, said a NIOC official. The director of production supervision of National Iranian Oil Company (NIOC) said that currently, NIOC produces 1 billion and 40 million cubic meters …
Read More »Iran’s Exports to Iraq via Khosravi Border up 28% in March-Dec.
Iran exported more than $621.761 million worth of non-oil commodities to Iraq via the Khosravi border crossing in the first nine months of the calendar year that started in late March, up 28% compared to the same period last year. Mehdi Abbasi, director of the Khosravi Customs Office, told IRNA …
Read More »Iran, Belarus to Sign MoU on Scientific Coop. in Oil Industry
Iran’s Petroleum University of Technology (PUT) and the Belarusian State Technological University (BSTU) will sign a memorandum of understanding for cooperation through video conference. The document will be aimed at starting scientific activities and meeting the needs of the oil industry and establishing a close relationship between the two parties. …
Read More »Iran’s Trade with Persian Gulf States Tops $20 bn in 8 Months
Iran’s exports to Persian Gulf states reached 25.01 million tons worth $8.87 billion while imports stood at 8.19 million tons worth $11.35 billion. Iran traded 33.2 million tons of goods (excluding crude oil exports) worth $20.22 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, …
Read More »Iran Gas Output from South Pars Hits 0.7bcm/d
The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters. According to Pars Oil and Gas Company, Mohammad Hossein Motejali said the company raised its gas production from the massive gas field due …
Read More »Iranian Companies to Participate in Iraq’s Energy Projects
In coordination with the Iranian Oil Ministry’s representative office in Baghdad, the Iraqi Oil Ministry has notified all its affiliated entities about Iranian companies’ readiness for participation in the country’s energy projects, Shana reported. The oil ministries of Iran and Iraq have established a joint working group in order to …
Read More »EIA: Despite Sanctions, Iran Gets $34b of Oil Revenue in 7 Months: EIA
U.S. Energy Information Administration (EIA) in a recent report has put Iran’s oil revenues earned in the first seven months of 2022 at $34 billion, only five billion less than Iran’s total oil revenue in 2021. Based on the EIA report, Iran’s average monthly income from oil sales in January-July …
Read More »Iran-Kenya Trade at $50 Million
Iran and Kenya traded $50 million worth of goods in the first eight months of the current Iranian year (March 21-Nov. 21), according to an Iranian official. Iran’s exports to Kenya reached 86,156 tons worth $38.3 million during the period, registering a 20% year-on-year decrease, says Rouhollah Latifi, the deputy …
Read More »Iranian Oil Tanker Reportedly Arrives in Venezuela
Media sources on Tuesday reported that an Iranian tanker carrying about 2 million barrels of ultra-light oil arrived this week in Venezuelan waters. Venezuela and Iran, both under United States sanctions, have recently expanded cooperation mainly through a swap that provides Venezuela’s state-run oil company PDVSA with light oil for …
Read More »Goods Transited from W Iran up Four-Fold
Commodities transited from Customs of Iran’s Kermanshah have seen a four-fold hike during 8 months, according to a provincial customs official. The head of the Kermanshah Customs Administration said that customs in the province have witnessed revenue of around 359.4 billion tomans in the eight months of this year. The …
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