Tag Archives: Iran

The Persian Gulf nation aims to raise output to over 1 billion cubic meters by March from around 880 million cubic meters daily.

Iraq is Iran'.s southwestern neighbor. and its port city of Basra is located in southeast of the country at northern edge of the Persian Gulf.

Total would be the first major Western enterprise to invest in Iran’s energy sector after the removal of sanctions against the country in 2016.

These projects would produce 3.600 megawatts (MW) of energy.

Gazprom is already a major player in the global natural gas liquefaction market.

Iran'.s oil production is about 3.9 million barrels a day. including the 2.2 million barrels exported.

According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.

Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October. reports of disruptions in oil flows have been a daily occurrence.

Iran'.s petrochemical production plans and the idea of creating a fleet of tankers specifically for petrochemical products make more sense.

In developing countries. roughly 45 million cubic meters of water are lost daily with an economic value of over $3 billion per year.