Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran’s Petropars 19.9 percent.
Read More »Iran Aims to Rise West Karoun Output
The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.
Read More »Iran Plans 14 Oil and Gas Exploration Tenders
The biggest exploration expenses are expected for blocks Parsa and Bamdad in the Gulf. amounting to 80 million euros and 75 million euros respectively.
Read More »Iran’s PSEZ `a Top Destination for Petchem Investment`
Development of petrochemical plants is one of the key issues on the Rouhani administration'.s agenda.
Read More »Iran Exports $55B Worth of Oil. Gas. By-Products Per Year
Iran’s average oil and oil product exports stood at 2.224 million barrels per day in last fiscal year. 41.3 percent more year-on-year.
Read More »Iran Expects Sharp Increase in Gas Output. Exports
France'.s Total signed a deal earlier this month to help Iran increase gas output from the giant South Pars gas field. which the country shares with Qatar.
Read More »Total Makes Clear Qatar Rift Will Not Dictate Business Deals
Total however also has large projects in Saudi Arabia and the UAE. highlighting the complexity of investing in the Middle East.
Read More »Tavanir Planned on Stepwise Power Tariffs
Iran'.s Energy Ministry says electricity demand is forecast to reach 56.000 MW this summer.
Read More »Iran`s Petrochemical Commercial Co Opens London Office
Iran aims to attract more than $70 billion for dozens of new petrochemical plants in line with plans to double its petrochemical production capacity in five years.
Read More »Iran`s Oil Export 2.2m bpd in One Month
Iran is producing around 4 million barrels a day of crude oil.
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