Tag Archives: Oil Minister

According to OPEC delegates. the cartel won'.t be rushing to make that decision. even though a panel monitoring the cuts will be meeting next month.

Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.

The US shale oil output will make up more than half of the 1.5 mb d in non-OPEC supply growth forecast for the next year.

Iran'.s oil minister said in May that the international tender for the Azadegan oilfield was underway.

The reason for the discussion is an increase in the levels of U.S production which OPEC members had not predicted.

India’s biggest gas importer Petronet LNG annually buys 8.5mn tonnes under a long-term contract.

Total reached a preliminary agreement to invest $4.8 billion to develop the massive gas deposit alongside China National Petroleum Corp.

Iran will continue to rank first to third among main energy players in the world.

At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.

Tehran is looking to ramp up its crude output and with 37 billion barrels of oil.