Tag Archives: Iran

Total will raise gas production from Phase 11 to around 51 million cubic meters per day in 20 years.

Iran and Kuwait are taking steps to reach an understanding to develop Arash Gas Field in the Persian Gulf.

The two sides have agreed to cooperate on the policies of the Organization of the Petroleum Exporting Countries (OPEC).

Iran has sold its entire inventory of gas condensates in China.

NIOC'.s priority is signature of deals under the new framework of oil contracts.

Last week that the ministry had allocated 1 trillion rials (around $25 million) to restore power in Khuzestan.

There are also potential natural gas reserves in the region.

Commitments in the energy sector include Pertaminas plan to invest there as well as gas imports.

Iran would start oil extraction from South Pars by the end of the current fiscal year.

The new IPC'.s donate further advantages to Iranian companies that are joint in tenders to facilitate the transfer of technology and resources.