Tag Archives: Oil Minister

Many of the questions revolved around the fact that there is so much inventory remaining.

Production of natural gas in South Pars in a shared field with Qatar will amount to 600 million cubic meters per day.

The gas compressors cost more than $420 million and will help IGAT-8 to go on stream by the end of the current fiscal that ends on March 20.

Crude oil exports from Iran reached 3 million barrels a day for the first time since the 1979 Islamic Revolution.

The huge Kirkuk oil field can pump around 150.000 barrels per day.

Five new South Pars phases could come on stream in late March or early April by the Iranian President.

Iran shares a number of oil and gas fields with its Arab neighbors in west and southwest.

The purchase plan was aimed at guaranteeing long-term oil exports to the country.

Iran'.s annual petrochemical output capacity is around 60 million tons.

The National Iranian Oil Company is expected to announce its decision on India'.s proposal soon.