Tag Archives: Japan

.In 2015. the average global investment cost to develop a new nuclear plant was $5.828 per kilowatt

Iran was exempted from an OPEC deal in January to reduce output by 1.2 million barrels per day (bpd)

South Korea is a key importer of Iran’s condensate.

The global 2016 output stood at over 1.6 billion tons. up 0.7% year on year.

NIOC says a second list of qualified companies will be made available soon.

Several refineries in the Middle East and Asia have shut down in the past week due to fires and other technical problems.

Iran’s crude oil storage capacity is expected to increase by 10 million barrels.

Oil output in the Iranian field has reached 50 thousand barrels.

The operational contract for the huge refinery project has been inked with Sinopec of China.

The funding is part of a $3-billion deal with China'.s Sinopec on renovating the Abadan refinery