Tag Archives: Iran

Up to now the presence of at least 92 international and foreign high-level delegations has been finalized. and a likely increase is possible in the number of other delegations.

Talks revolve around the transfer of technology and investments in several petrochemical projects in Iran.

In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.

In July. Iran managed to ship over 2.2 million barrels of crude oil to Asian and European markets.

A Kurdish MP in the Iraqi Parliament told Kurdistan 24 that efforts have been made by the Kurdish representatives in Baghdad to summon the Oil Minister to Parliament over the oil deal with Iran.

Iran is determined to broaden cooperation in renewable energy with Italy.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Petropars 19.9 percent.

The project is worth about $250 million. The entire amount is paid by local companies.

Electricity demand in Iran during the fiscal 2016-17 rose by 2.700 megawatts.

OPEC hopes the market rebalancing will accelerate in the second half of this year.