Tag Archives: Middle East

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

Iran used to sell around 800.000 bpd to European buyers before the tightening of international sanctions in 2011 and 2012.

Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.

The average of Turkey'.s imports reached 126.000 bpd from the beginning of 2016 until the end of Nov.

The two countries also agreed on a 13.3 percent discount on the prices of gas delivered from the Islamic Republic to Turkey.

Iran was the first and largest manufacturer of MDI in the Middle East.

Russian companies have indicated interest in Iran’s gas development projects.

Iran is ready to inject gas into the export pipeline.

Iran'.s electricity industry ranks 14th in the world in terms of output and 19th in terms of consumption.

Imported cars shared only 5 percent of Iran’s total car market in the period.