Tag Archives: Minister

The first agreement entails the joint development of Parviz Oilfield. which adjoins Iraq'.s Naft Khaneh field and Khorramshahr Oilfield.

The EU restrictions made it difficult for Japanese importers to take in Iranian oil products.

Last week that the ministry had allocated 1 trillion rials (around $25 million) to restore power in Khuzestan.

There are also potential natural gas reserves in the region.

Iran and Finland have grounds for cooperation in the fields of mining and energy. as two important sectors of economy.

Commitments in the energy sector include Pertaminas plan to invest there as well as gas imports.

Iran would start oil extraction from South Pars by the end of the current fiscal year.

Grounds have been prepared in post-JCPOA era for developing cooperation.

. 60% of oil consignments go to Asia and the rest to oil terminals in Europe.

Parts of the exported gas are due to be transferred to the target markets after being turned into the liquefied natural gas (LNG).