Tag Archives: Iran

For the purposes of the memorandum. LUKOIL-Engineering and NIOC will set up exchange of data necessary to study the areas. and establish a joint working group.

According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).

The country hopes to double its petrochemical output capacity to 120 million tons or more within five years.

GECF is a gathering of the world’s leading gas producers.

The Allas oil field just south of Hawija has been one of the main sources of revenue for Islamic State militants.

Iran is currently producing about 880 million cubic meters a day of natural gas.

The organization has communicated the order to all the related companies since Wednesday. September 27.

Azar oilfield in Ilam Province has pumped over 4.5 million barrels of crude oil since it went into operation.

The country is aiming to raise oil output to around 4 million bpd by the end of the year and 4.5 million bpd within five years from around 3.8 million bpd in recent months.

Iran'.s installed power production capacity is around 77.000 MW. but output from renewables comprises less than 1% of that amount.