Tag Archives: Iraq

Sarakhs Zone is ready to accept and cooperate with foreign investors.

Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.

Data show that Iran exported about $2 billion worth of technical and engineering services between January 2016 and March 2017.

EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.

Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.

Iran'.s crude oil edged closer to $50 a barrel at the end of last month.

Total has submitted a development proposal for the project.

. Iran is now producing 3.9 million bpd of crude oil and gas condensates.

Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.

A major new oil gas discovery. similar to the giant South Pars Gas Field. is unlikely to take place.