Tag Archives: Minister

Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.

In order to feed the terminal. Iran will need to construct a pipeline stretching more than 1.000 kilometers to carry one million barrels of oil a day.

The optimal production means a production with the maximum recovery rate. that can boost the country'.s economic. security and political power.

All the talks are being run smoothly and none of the cases of negotiations is obstructing the others.

American companies are an important partner and a key player in the production of oil and gas in Egypt.

During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.

In the meantime. other foreign companies are welcome to discuss their interest in the gas field.

A follow-up meeting will be held to explore cooperation in several different sectors. They include. industry. logistics. housing and financial services.

Iran'.s petrochemical plants produced 18 million tons of products in the first 4 months of the current Iranian calendar year.

Iraq is the closest market to Khuzestan and the Iranian province has so far played a major role in exporting of gas to Iraq.