There are a petrochemical plant and an oil refinery in East Azerbaijan.
Read More »SOCAR Signs Deal for Building Bitumen Plant at Baku Refinery
The plant is expected to be commissioned in the second half of 2018.
Read More »China Looks Away from OPEC for Oil Imports
Imports into China from non-OPEC countries has risen from just 34 percent to 43 percent over the last five year.
Read More »Belarus Receives 1st Cargo of Iranian Oil
Belarusian Company of Beloil Polska received a cargo of 600.000 barrels of Iranian crude oil.
Read More »Iranian Oil for Belarus Arrives in Ukrainian Port
The tanker carried 80.000 tones of Iranian oil.
Read More »S. Koreans. Chinese Companies to Develop Hydroelectric Dams in Iran
Around 11.000 MW. or roughly 15% of Iran'.s total electricity output comes from hydroelectric facilities.
Read More »Iraq. Kurdish Group Reach Deal on Kirkuk Oil Flow to Turkey
The huge Kirkuk oil field can pump around 150.000 barrels per day.
Read More »Tehran. Tokyo Launch €2bn Oil Talks
The refinery is currently supplying 25 per cent of the country’s gasoline demand.
Read More »Iran. Japan Mulling Two-Billion-Euro Joint Oil Project
Tokyo is going to continue its assistance of up to 40 billion Japanese Yen annually for the next four years starting in 2017.
Read More »Indonesia Interested in Long-Term Crude Purchase from Iran
Indonesia and Iran agreed to build an oil refinery in Indonesia at a cost of US$5 billion with a processing capacity of 300.000 barrels of crude oil per day.
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