Tag Archives: Iran

Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.

Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.

Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.

The water crisis is already seriously affecting living conditions as well as resources and agriculture.

Azar holds 2.5 billion barrels of in-place oil. but new reservoir studies on the field suggest a much higher figure of 4 billion barrels.

For months. American and European officials have been working behind the scenes to try to find a compromise over Trump'.s demands to change the agreement.

The North-South transport corridor is designed to connect Northern Europe with India and Southeast Asia.

Phase 14 is expected to become fully operational by the end of the current fiscal year.

After ownership of Danish company Maersk Oil was taken by the French Total. Iran decided not to give the development of the South Pars field to Total.

Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.