Tag Archives: Persian Gulf Countries

Last week that the ministry had allocated 1 trillion rials (around $25 million) to restore power in Khuzestan.

There are also potential natural gas reserves in the region.

Volume of Iran’s electricity exports to Iraq stood at an average of 800-1000 megawatts through 2016.

Tehran unveiled a list of 50 oil and gas fields in November 2015 for development under the IPC framework.

South Korea’s imports of crude oil from Iran doubled in January. the latest figures said.

. 60% of oil consignments go to Asia and the rest to oil terminals in Europe.

Parts of the exported gas are due to be transferred to the target markets after being turned into the liquefied natural gas (LNG).

Iraq is OPEC'.s second-largest producer. after Saudi Arabia.

Iraqi Oil Minister plans to create an oil tanker fleet in order to help the country access global markets.

The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.