Tag Archives: Iran

Iran is faced with no problem when spending its oil money.

The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.

Farzad-B was discovered by OVL in the Farsi block about 10 years ago.

Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.

NPC is the chief regulatory body in the petrochemical sector.

Kish field is planned to be developed in five phases.

Production from all oilfields is close to 300.000 barrels a day.

Iran pumped 3.759 million barrels per day in April. trimming 39.000 barrels in daily crude oil production compared to the previous month.

Average gasoline consumption has been close to 78 million liters daily in the present fiscal.

Iran boosted its crude exports to South Korea by 63.5 percent in last month.