Tag Archives: Minister

According to the latest report of OPEC. Iran produced 2.086 million barrels of crude oil per day in the first month of 2020.

Investment risks should be offset by increased interest rates and returns.

Last year. Iran eyed 300.000 barrels per day oil production from its West Karoun oilfields.

OPEC+ is still waiting for Russia to clarify its position on deeper oil output cuts.

The IEA is set to host a clean energy transition event in Paris on July 9.

Qatar Ready to Re-Route Oil. Gas Cargoes to China due to Spread of Virus.

Iran has been a major importer of cokes that are vastly used as fuels in the steel and aluminum industry.

The National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines &. Mining Industries Development &. Renovation. known as IMIDRO. have signed an agreement for production of sponge and needle coke in Bandar Abbas.

Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700.000 tons per year of sponge and needle cokes in Iran.

Oil is off more than 20% from peaks struck in January after a spreading virus hit demand in the world’s largest oil importer and fueled concerns of excess supplies.