Total will operate the SP11 project with a 50.1 percent interest. while Iranian Petropars Company and the Chinese CNPC will have a share of 19.9 and 30 percent. respectively.
Read More »Iran Decrease Power Exports to Meet Domestic Demand
Electricity exports have decreased from 1.300 MW to 900 MW during peak hours to cope with growing domestic demand in the scorching days of summer
Read More »Total Deal. Signifies Iran`s Importance for Oil Giants
The 4.8 billion-dollar deal is the first major gas and oil agreement since anti-Iran sanction relief.
Read More »US Should Revise its Policies Towards JCPOA
Iran’s expectation at the current stage was to see the compliance of all sides of the agreement to the deal. something which has been violated by the US.
Read More »Pakistan to Become Major LNG Importer by 2022
Last year Pakistan and Qatar had signed multi-billion dollar liquefied natural gas (LNG) deal.
Read More »Oil Minister Defends Gas Deal with Total in Parliament
Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran’s Petropars 19.9 percent.
Read More »Tavanir Planned on Stepwise Power Tariffs
Iran'.s Energy Ministry says electricity demand is forecast to reach 56.000 MW this summer.
Read More »Iran`s Oil Export 2.2m bpd in One Month
Iran is producing around 4 million barrels a day of crude oil.
Read More »Iran Fully Backs Nuclear Weapon Ban Treaty
Iran’s suggestion on making a free-nuclear-weapon zone in the Middle East is one of the brazen efforts of Iran in eliminating the threat posed by these weapons in the region.
Read More »Total Deal Opens New Chapter in Iran Energy Diplomacy
Iran’s annual petrochemical production capacity stands at 62 million tons and by the end of this year.
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