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.

Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.

Iraq has been the main cause of worry for energy investors ever since OPEC agreed to cut its production in November last year

we have no problem to continue talks with Saudi Arabia on further coordination at the OPEC level

.At the present time. America’s oil production has soared to nine million barrels per day

.The two neighbors hope the pipeline can be commissioned two years after construction work begins

.The world’s largest oil-consuming country could sell as much as 800.000 barrels per day of crude overseas this year

.Tehran and Prague opened talks on electricity production projects after international sanctions were lifted a year ago

.OPEC’s agreement lasts for six months. with the goal of shrinking bloated oil inventories that are keeping a lid on prices

.Iran'.s gas production has soared to 840 million cubic meters per day from a total of 490 mcm/d in mid-2013