Tag Archives: Iran

The KNOC data is considered the industry standard for South Korea'.s oil imports.

Iran began exporting gas to Iraq in June after several years of delays.

The 4.8 billion-dollar deal is the first major gas and oil agreement since anti-Iran sanction relief.

Iran’s expectation at the current stage was to see the compliance of all sides of the agreement to the deal. something which has been violated by the US.

The project is part of efforts to raise the low share of renewable sources in Iran'.s power industry that is highly dependent on fossil fuels.

Supply and demand now ``show us we are on the right course`` to achieving OPEC’s goal of reducing stockpiles to their five-year average

Sanctions promoted corruption in Iran in oil and gas business in order to circumvent sanctions.

Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.

Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.

Currently. Iran’s oil output stands at 3.8 million barrels per day. despite numerous statements that the country reached its pre-sanction production level of 4 million bpd.