Tag Archives: Persian Gulf Countries

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.

Iran'.s oil production capacity has crossed 4 million barrels per day.

Two platforms are supposed to be installed in this field by Iran soon.

Industrial townships will provide the opportunity for the Iraqi investors to invest in these regions.

Iraq'.s bulging fuel oil exports have contributed to a glut.

The price of OPEC’s basket of 13 crudes stood at $48.34 a barrel on May 3.

Iran is the world'.s 13th major steel maker stands second in the region after Turkey. followed by Egypt. Saudi Arabia. Qatar. UAE and so on.

In the next summit. another document will be unveiled on the topic of corridors through the Middle East region which connect Asia to Europe.

The Persian Gulf nation of Kuwait is the fifth-largest producer in the Organization of Petroleum Exporting Countries.