Tag Archives: National Iranian Oil Co. (NIOC)

Poland has begun new cooperation with Iran in the post-JCPOA era over development of oil trade.

The Poles will study the field’s geological structure and its reserves in six months. and provide NIOC with the results.

The second agreement had been signed between private sectors of the two neighboring countries in other areas of oil industry.

Iran and Iraq have developed a pipeline for the export of Iranian gas to power plants in Baghdad .

The new oil and investment contract for international firms. known as the IPC. will replace Iran’s buyback oil deals.

The gasoline produced in the refinery is used to meet demands in neighboring provinces.

Any loss of opportunities to exploit existing capacities. especially in joint fields. will give way to neighbors to carry the day.

The country was already on the way to make a stronger oil market recovery.

Iran has ramped up oil exports to European customers to 710.000 barrels per day

Among Iran'.s policy makers. President Hashemi Rafsanjani'.s foreign policy and its effect on Iran'.s economy is so important.