Tag Archives: National Iranian Oil Co. (NIOC)

Iran is now pumping around 3.8 million barrels per day of oil and condensate.

The pumping station is expected to start operations by March. the end of the current Iranian fiscal year.

French energy major Total S.A.. Anglo-Dutch major Royal Dutch Shell and Japan'.s Inpex are in the race for developing the Azadegan Oilfield.

Maximizing NIOC'.s revenues and reducing its transportation and maintenance costs are the chief strategies NIOC'.s international department.

Iran’s oil ministry is carrying out initial studies to diversify the sources of its gas exports.

The current loading and export capacity for gas condensate stands at about two million barrels.

Oil output in the Iranian field has reached 50 thousand barrels.

NIOC must have approved of all firms with which a cooperation agreement has been inked.

Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.

The volume of crude exports has been defined in accordance with OPEC quotas and will continue as such.