Tag Archives: Lukoil

The construction and commissioning of the subsea construction vessel (SCV) ``Khankendi`` are progressing well at the Baku Shipyard.

LUKOIL owns a 10-percent stake in the consortium for the development of the giant Shah Deniz gas field in Azerbaijan.

Changouleh is located close to Iran’s border with Iraq and is among NIOC’s priority development projects.

Officials say the partnership of domestic companies with oil majors will gradually enhance the technical and managerial know-how of Iranian firms.

Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.

Iran needs 200 billion dollar investment to develop oil industry which should be supplied through foreign sources.

The biggest exploration expenses are expected for blocks Parsa and Bamdad in the Gulf. amounting to 80 million euros and 75 million euros respectively.

Lukoil owns two 9-megawatt solar power stations at its own refineries in Romania and a 1.3-megawatt station in Bulgaria.

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

Iran needs foreign investment for repairs and upgrading of its oil and gas fields.