Tag Archives: Persian Gulf Countries

The first agreement entails the joint development of Parviz Oilfield. which adjoins Iraq'.s Naft Khaneh field and Khorramshahr Oilfield.

Saudi Arabia’s crude exports declined to 8 million barrels a day in December.

The EU restrictions made it difficult for Japanese importers to take in Iranian oil products.

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).