Tag Archives: Iranian Ministry of Petroleum

In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.

In July. Iran managed to ship over 2.2 million barrels of crude oil to Asian and European markets.

A Kurdish MP in the Iraqi Parliament told Kurdistan 24 that efforts have been made by the Kurdish representatives in Baghdad to summon the Oil Minister to Parliament over the oil deal with Iran.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Petropars 19.9 percent.

The project is worth about $250 million. The entire amount is paid by local companies.

Electricity demand in Iran during the fiscal 2016-17 rose by 2.700 megawatts.

OPEC hopes the market rebalancing will accelerate in the second half of this year.

Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.

Kirkuk will take part in the referendum this fall. deciding whether they want to remain with Iraq or join Kurdistan’s bid for independence.

The sixth refinery is included in phases 15 and 16 of the South Pars complex. The South Pars. by far the world'.s largest natural gas field. is a natural-gas condensate field located in the Persian Gulf.