Tag Archives: IRNA News Agency

IPC is the first Iranian oil contract that clearly stipulates a role for domestic oil and gas equipment manufacturers.

Top priority has been assigned to developing joint oil and gas fields because our neighbors are drawing from the underground resources at a rapid pace.

The Islamic Republic of Iran endorses the expansion of relations with France in political. economic and international fields.

Total will operate the SP11 project with a 50.1% interest. while Iranian Petropars company will have a share of 19.9% and the Chinese CNPC 30%.

An estimated $2 billion in projects are underway to expand the natural gas network to 46 small towns and 5.000 villages by the end of the current fiscal year.

Germany is Iran’s largest trade partner in Europe.

Among the important peculiarities of Eurasia zone is the presence of energy resources that can be used in the best manner.

A fire that ravaged part of the Isfahan Oil Refinery on Monday was doused within an hour without major casualties.

Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.

Iran is exporting around 2.6 million barrels a day of oil and gas condensates. which are mainly exported from Kharg Terminal.