Tag Archives: Iran

The four-day exhibition is sponsored by the Iranian Ministry of Oil and its subsidiary the National Iranian Oil Company.

Several memorandums of understanding are expected to be signed on the sidelines of the exhibition.

Reasonable oil prices would ``encourage producers to keep supply while it would prevent global markets from plunging into instability.

South Pars Phase 14 development project is being implemented by the employer POGC with the goal of producing 56.5 million cubic meters of sour gas per day and 75.000 b d of gas condensate.

Iran'.s oil exports to India were over 50% higher than that of last fiscal year.

Iran'.s overall non-oil exports. including condensates. stood at $46.9 billion in the last fiscal year — 6.6 percent more year-on-year.

Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.

Iran and six major powers signed the nuclear agreement in July 2015 and started implementing it in January 2016.

China. a permanent member of the U.N. Security Council. is one of the architects of the agreement.

The TAPI pipeline involves Turkmenistan. Afghanistan. Pakistan and India and was first proposed three decades ago.