Tag Archives: Natural Gas

Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports. reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.

Three main sectors of industry in Iran — manufacturing. mining and petrochemical — were given nearly $10 billion discount in their energy consumption in the last local calendar year. according to a newly released report by the Parliament.

Lithuania. Latvia and Estonia are on track to integrate into the European energy grid by 2025.

Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.

The sale would include all available unleased areas in federal waters of the Gulf of Mexico that are not subject to Congressional moratorium.

Iranian Oil Minister said that his country is going to set up 2 petrochemical plants in the North of the country near the Caspian Sea. adding that the new installations will be 100% eco-friendly and in full compliance with all environmental standards.

Iranian traders and companies have exported some $151 million worth of non-oil goods to Afghanistan through the Eastern province of Southern Khorassan in the first 6 months of the current local calendar year.

The companies plan to provide services for the commissioning and operation of LNG plants.

The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of light crude oil on the international floor of the Iran Energy Exchange (IRENEX) on October 8 at $61.1 per barrel.

Iranian Ambassador to Kabul Bahador Aminian said that his country’s exports to Afghanistan are 3 times more than what it sends to 28 member states of the European Union. highlighting that trade with Afghanistan is of high value to Tehran.