Tag Archives: Iranian Ministry of Petroleum

Iran has reportedly started sending its first direct shipments of crude oil to Europe.

Iran is eligible and capable to absorb some $370-380 billions within the next decade.

The Iran LNG &. Gas Partnerships Summit will take place in February in Frankfurt. Germany.

The tender is expected to raise at least $100 million.

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

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

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

Iran will soon take legal action against Türkmengaz company for bringing gas exports to a halt.

The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra.

NIOC says a second list of qualified companies will be made available soon.