Tag Archives: Iran

Some 50.000 barrels will be added to Doroud and Soroush fields'. daily output by the end of the present fiscal.

It is expected that natural gas and water injection into oil fields rise by 50 and over 38 percent respectively.

Around 83.000 barrels of Yadavaran production is a blend of light crude and the rest is heavy crude.

Iran has been second-best to Qatar in gas production from South Pars.

The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.

Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.

With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.

South Africa bought around 68.000 bpd of crude from Iran in May 2012.

Iran'.s gross gas output stands at 285bn m3 yr.

In 2013. Rouhani won the presidential election with nearly 51 percent of the vote.