Tag Archives: Iranian Ministry of Petroleum

Iran has paid compensation to Turkey as per International Court of Arbitration ruling in 2012 by providing free gas exports.

Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.

Abouzar is located 76 kilometers southwest of the Kharg Island.

Production from all oilfields in West Karoun block is close to 300.000 barrels a day.

Iran met seven percent of Japan'.s oil demand in 2016.

Sanchi burned for more than a week before it sank Jan. 14. sealing the fate for the estimated 29 crew members still on board.

The daily production of this field is 140.000 barrels of oil from near 90 wells.

TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.

Iran'.s gas production output from the joint field with Qatar will increase by 100 million cubic meters in the near future.

South Pars is being developed in 24 phases.