Tag Archives: Iranian Ministry of Petroleum

An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.

Lukoil is actively looking for growth opportunities in the Middle East.

Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.

The downstream sector is generally referred to the refining of crude oil and the processing of natural gas.

The giant South Azadegan oilfield that is shared with Iraq. will be the first field to be tendered.

Iran is pressing ahead with plans to reform its petrochemical industry.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.

Karan holds an estimated 9.6 billion barrels of in-place oil.

Total will raise gas production from Phase 11 to around 51 million cubic meters per day in 20 years.

The EU restrictions made it difficult for Japanese importers to take in Iranian oil products.