With an extraction rate of 16%. Azar is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Iran Doubles Oil Exports in Post-JCPOA
Iran'.s oil exports. including gas condensates even sometimes exceeded 2.9 million bpd which indicates Iran'.s oil exports have doubled after Iran nuclear deal.
Read More »Rosneft Pays Kurdistan $1.3bn Upfront in Production Deal
Russian energy juggernaut annoys Baghdad as it pumps in cash to restive region under crude oil purchase contract.
Read More »Total May Have to Rethink Iran Gas Deal due to Trump
Iran and the Group 5+1 reached the 159-page nuclear agreement in July 2015 and implemented it in January 2016.
Read More »Spokesman Dismisses Bahrain`s Claims against Iran as `Baseless`
An explosion of a pipeline on Friday suspended the supplies of oil from Saudi Arabia to Bahrain.
Read More »South Azadegan Output to Reach 100.000 bpd
The field'.s current output. which stands at 80.000 bpd. will increase by 20.000 bpd as soon as the 13 newly-drilled wells go on stream.
Read More »Iran Petchem Capacity to Rise 10m Tons by March
Iran is willing to accelerate the development process of its petrochemical industries.
Read More »OPEC Reaffirms Iran`s Pledge to Supply Cuts
Iran'.s own data submitted to OPEC pointed to bigger cuts.
Read More »Iran. Turkmenistan Consider Joint Natural Gas Export
Iraq and Turkey remain to be main importers of Iranian natural gas and Tehran is eying to increase its gas exports to its western neighbors.
Read More »NIOC. Pertamina to Discuss Renewing LPG Contract
The first 44.000 mt evenly split propane butane parcel was delivered in October 2016.
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