Tag Archives: Iranian Ministry of Petroleum

Reacting to the Total’s statement. Iranian Oil Minister Bijan Namdar Zanganeh said Total will lose all of its investment if it pulls out of the deal.

The Tatneft Company. with headquarters in the Republic of Tatarstan. is the fifth largest oil producer in Russia and participates in more than 77 oil fields as an operator.

Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.

The Panama-registered Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude. plus its own fuel. to South Korea.

Navigation authorities of the four countries agreed to carry out a joint research on the collision of the Iranian tanker and the Chinese freighter which took place on January 6

Turkmenistan has asked to receive what it said to be a 1.8-billion-dollar debt from Iran. a claim that is not accepted by the Iranian side.

Iran is currently producing 4.5 million tons of ethane annually which will cross 6 mt y next year and 10 mt y by 2020.

In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.

The price of Iran'.s light oil increased by 1.69 dollars in the mentioned period to reach 69.26 dollars per barrel.

Sanchi had held a million barrels of light condensate oil. which is highly toxic and flammable.