Tag Archives: Iran

A fire that ravaged part of the Isfahan Oil Refinery on Monday was doused within an hour without major casualties.

Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.

Hydro power constitutes almost 15%. or about 12.000 MW of Iran’s total installed power generation capacity of 76.000 MW.

The wells included 14 delineation wells one exploratory and 27 repairing ones.

More than 100 people have also been injured in the incident.

The dispute escalated when Kurdistan’s deliveries to the US were blocked and Iraqi government threatened to take action against companies transporting the Region’s crude.

Iran is exporting around 2.6 million barrels a day of oil and gas condensates. which are mainly exported from Kharg Terminal.

Iran needs foreign investment for repairs and upgrading of its oil and gas fields.

Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.

The South Pars oil layer is located 130 kilometers off Iran'.s coast in the Persian Gulf with an estimated 7 billion barrels of oil in place.