Tag Archives: Oil Minister

Iran’s will practically end gasoline imports in the next Iranian calendar year.

The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra.

Russian companies have indicated interest in Iran’s gas development projects.

Kuwait chairs the five-member committee which also includes Algeria. Venezuela. Russia and Oman.

The deal involves Iranian supplies between 20-25 million cubic meters of gas to Iraq.

The refinery’s products are expected to be sold domestically due to high quality and other refineries’ output will be exported.

Iran'.s refineries are in a state of disrepair after years of sanctions which prevented access to parts and new technology.

Iran exported an average of 2.57 million barrels of oil daily in the period between March and December 2016.

The finance for consolidation and boosting quality of Abadan oil Refinery was officially opened by the Chinese side.

Iran’s exports of oil and condensate had doubled after the removal of sanctions against the country.