Tag Archives: Oil Production

.This oil transportation scheme was widely discussed between Kazakhstan and Azerbaijan in 2007 – 2008

30-thousand-barrel rise in daily production of South Azadegan oilfield by the end of the current Iranian calendar year

.Brent crude oil was up 10 cents a barrel at $55.33. US light crude was down 10 cents a barrel at $52.53. Reuters reported

.Iran is the world’s third largest producer of gas

.In the current situation. manufacturers were contented with prices standing at 55 to 60 dollars per barrel

Saudi Arabia’s output cuts are just the beginning of a trend that is expected to last for months and years to come.

Iranian crude exports are now on the rise.

Iran is eligible and capable to absorb some $370-380 billions within the next decade.

Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.

Iran has registered a positive economic growth in the first 6 month of the current Iranian calendar year which began on March 20.