Tag Archives: Iran

OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.

NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.

The Turkish President has already warned against the holding of the referendum which he fears will draw Turkish Kurds into a future conflict.

Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.

All areas in Sistan-Baluchestan Province are suitable for producing solar energy. with the northern areas particularly suitable for creating large wind farms.

Since the Joint Comprehensive Plan of Action (JCPOA) was accorded Iran’s petrochemical industry has been booming.

Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.

Iran Heavy. one of the country'.s main export grades. settled at $51.60 a barrel. up 91 cents from the previous week.

India. China. the Nakhchivan Autonomous Republic. Armenia. Pakistan. Afghanistan and Sri Lanka also buy Iranian petroleum derivatives.

The next top producers were Canada (174 bcm – 4.8 percent) and Qatar (165 bcm – 4.6 percent).