The oil price in the beginning of 2016 plunged to below $30. but currently it is around $55.
Read More »No Changes to Iran Oil Export Policies
Maximizing NIOC'.s revenues and reducing its transportation and maintenance costs are the chief strategies NIOC'.s international department.
Read More »Iran to Announce Int`l Tender Offer on LNG Projects
Iran’s oil ministry is carrying out initial studies to diversify the sources of its gas exports.
Read More »European Oil Tankers Return to Iran
The current loading and export capacity for gas condensate stands at about two million barrels.
Read More »Iran`s Oil Revenues $29b in 9 Months
Iran earned around $25 billion from selling crude oil in its previous fiscal.
Read More »1400 Megawatt Thermal Power Plant in Hormozgan
The thermal power plant in Hormozgan will have 40% more electricity production capacity.
Read More »NPC After $35bn Foreign Credit for Petchem Development
Output capacity for petrochemical products will climb to 150 million tons in the coming ten years.
Read More »Iran Not to Renegotiate JCPOA Under Any Circumstances
Iran was in the road to industrial enrichment which would meet the domestic needs as well as provide material for exports.
Read More »Shell. Total Eager To Develop Iran`s Oilfield
Oil output in the Iranian field has reached 50 thousand barrels.
Read More »Oil Ministry Rejects Reuters’ Claim on Condensate Sales to S Korea
Iran’s exports of gas condensate through 2016 stood at an average of 611.522 barrels per day.
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