Tag Archives: Iran

Iran is developing the giant South Pars field in 24 phases.

Sanction years took away numerous opportunities to attract foreign investment for development and procurement of ports.

Damavand petrochemical project will bring Iran'.s petrochemical output to 90mt/y once completed.

Preparation of the draft of oil deals has made 90% progress and the documents will be most likely ready by next week.

South Zagros Oil and Gas Company has launched the well with the capacity to produce 600.000 cubic meter of natural gas per day.

Petropars Limited and Petropars Iran are responsible for onshore installations and drilling operations.

OMV has a long lasting partnership with Iran and entered the country in 2001.

Iran has registered a positive economic growth in the first 6 month of the current Iranian calendar year which began on March 20.

The new projects will augment Iran’s crude output capacity by about 15 thousand barrels per day.

The cash subsidy scheme has created a big hole in government finances.