Tag Archives: National Iranian Oil Co. (NIOC)

This week. Iran announced that it had developed its first national encrypted key. based on blockchain technology.

India is Iran’s top oil client. and it is also one of the countries that are most heavily dependent on oil imports.

Construction of platforms C14. B13. D13 and A24 was so far 90% complete.

Gazprom had recently submitted proposals to the NIOC to study Changuleh and Cheshmekhosh fields.

The two sides exchanged views on Tehran-Moscow energy cooperation roadmap.

India was in touch with Iran on several issues. including on US’s withdrawal from the Iran nuclear deal. signed in 2015.

Russia is studying all legal issues related to the possible deal.

The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.

The average price of Iranian oil since the beginning of the current year has been over 66 dollars per barrel.

Iran is currently producing roughly 830 mcm d of natural gas of which 45 mcm d is exported to Iraq and Turkey.