Around 83.000 barrels of Yadavaran production is a blend of light crude and the rest is heavy crude.
Read More »POGC Offsets South Pars Gas Production Decline
Iran has been second-best to Qatar in gas production from South Pars.
Read More »Arab States Request Iran`s Natural Gas
The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.
Read More »NIGC Denied Underselling Gas to Turkey
Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.
Read More »Petrochemical Investments Will Pay Off in 2 Years
With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.
Read More »South Africa Open to Iranian Investment if New Refinery Goes Ahead
South Africa bought around 68.000 bpd of crude from Iran in May 2012.
Read More »Portuguese Official Optimistic about EU-Iran Gas Deal
Iran'.s gross gas output stands at 285bn m3 yr.
Read More »Hassan Rouhani`s Success in Presidential Election
In 2013. Rouhani won the presidential election with nearly 51 percent of the vote.
Read More »Essar`s Four-Month Oil Imports from Iran Rise 8%
Iran has named 29 companies from more than a dozen countries as being eligible to bid for oil and gas projects.
Read More »Iran Increase Power Flow to Iraq
Iran’s electricity exports to Iraq have steeply risen this year.
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