Tag Archives: Minister

The Islamic Republic of Iran has always been seeking consolidation of peace and stability in the region.

As the world’s top crude oil exporter. Saudi Arabia will not be giving away easily its crown and the geopolitical clout that comes with it.

The deals were signed in a ceremony attended by Oil Minister Bijan Namdar Zanganeh on Tuesday.

The oil was found at a depth of 3.570 metres in an exploratory well and is very light and sweet.

Saudi Arabia has used the forum in recent years to pitch for foreign investment.

Aramco is a major gas player but much of its production is used domestically.

Aramco’s planned acquisition of SABIC is expected to involve buying all or nearly all of the 70 percent stake in the chemicals company.

During the first stage. Iran had sold 280.000 barrels of crude in the stock exchange in October.

The status of Iran’s oil technology is incomparable to how it was 20 years ago.

The construction of the 1.200-km-long Nord Stream 2 has been going for quite some time now.