Tag Archives: IRNA News Agency

Over 1.053 domestic and 600 foreign companies from 37 countries are attending the three-day event.

Iran has always been seeking reasonable prices for oil which will encourage the producers to produce more oil and therefore stop the global market from destabilization.

The JCPOA implementation is acceptable for Iran’s oil sector until the Islamic Republic is able to sell its oil.

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

Iran is the best route for transferring Turkmenistan gas to Pakistan.

The average price of Iranian light crude oil has been $65.39 a barrel. and the average of the Iranian heavy crude oil has been $63.88.

Azar holds 2.5 billion barrels of in-place oil. but new reservoir studies on the field suggest a much higher figure of 4 billion barrels.

After ownership of Danish company Maersk Oil was taken by the French Total. Iran decided not to give the development of the South Pars field to Total.

14 percent of Iranian non-oil exports are shipped to Iraq.

The volume of gasoline production in the refinery is to hit 24 million liters a day.