Tag Archives: National Iranian Oil Co. (NIOC)

The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on July 9.

The National Iranian Oil Company (NIOC) announced that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday.

The US government imposed a new round of sanctions on Iran in November 2018.

The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year. which began on March 21.

Construction of platforms 7 and 8 of Hendijan offshore oilfield has made 90 percent progress.

The first meeting of the energy working group was in Tehran. Iran. and the second one was in Saint Petersburg. Russia.

The operator of Phase 14 development project of South Pars gas field said the third platform of the offshore field was loaded for installation in its designated spot.

Iran is due to offer a large cargo of condensate to domestic buyers through its energy bourse on Monday. in a direct sale to bypass the US unilateral sanctions.

Every year the oil ministry sets some tasks and goals for its subsidiary companies to fulfill by the end of the fiscal year.

China is Iran’s biggest oil client.