Tag Archives: Iranian Ministry of Petroleum

Iran and Iraq have developed a pipeline for the export of Iranian gas to power plants in Baghdad .

The funding is part of a $3-billion deal with China'.s Sinopec on renovating the Abadan refinery

The new oil and investment contract for international firms. known as the IPC. will replace Iran’s buyback oil deals.

The gasoline produced in the refinery is used to meet demands in neighboring provinces.

Any loss of opportunities to exploit existing capacities. especially in joint fields. will give way to neighbors to carry the day.

We have exported $6.2 billion of non-oil goods to Iraq.

The country was already on the way to make a stronger oil market recovery.

Japanese engineering giant JGC Corporation is in advanced negotiations to upgrade the Tehran refinery.

Iran has ramped up oil exports to European customers to 710.000 barrels per day

$32 billion in foreign investment was needed to build 28 petrochemical projects.