Tag Archives: Iran

PetroChina is the country'.s biggest oil producer.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

Iran wants not only to upgrade its dilapidated refineries but also build new ones.

13 new oil and gas fields have been discovered which contain 6.5 billion barrels of oil and about 62 trillion cubic feet of gas.

New drilling operations at old oil and gas fields have led to new discoveries.

Iran has made inroads in its oil and gas exploration sector with discoveries of 13 oil and gas reservoirs over the past three years.

The new model of oil contracts has been shelved after ratification. and no contract has been signed under these new models.

Iran currently draws 480 mcm d of gas from South Pars which it shares with Qatar.

The company is expected to launch the platform of Phase 22 of the gas field which is shared by Iran and Qatar by June.

Iran and Moldova can play in activating a major transit route connecting the Central Asia to Europe.