Tag Archives: Iran

At least 30% of Iran'.s water and wastewater infrastructure require repairs.

Oil prices were buoyed in recent weeks by shutdowns in US refineries as well as Turkey'.s threat to cut off oil flow from Iraq'.s Kurdistan region.

The oil market will not react to the statement of US President Donald Trump about Washington'.s new policy toward Tehran.

Oil prices recently have become more sensitive to supply threats. such as the situation in Kirkuk.

Iraq earlier warned Kurdish officials against shutting down Kirkuk oil flows.

The world’s fifth-biggest crude importer shipped in 1.83 million tonnes of crude oil from Iran in September.

The terminal could ease the load of tanker traffic at Kharg Oil Terminal off the Persian Gulf coast that is responsible for more than 90% of Iranian oil exports.

Under the sanctions. Iran'.s oil output was slashed by nearly 40% as a handful of buyers shipped in about 1 million bpd of oil from the country under special waivers.

A potential military confrontation in the Arab Persian Gulf should not be ruled out. It will unquestionably block oil and gas lanes. and spike oil prices to unknown levels.

Iranian oil ministry is preparing to hold a tender for the development of Azadegan oil field over the current year.