Tag Archives: Persian Gulf

India and Iran have settled the main issue on the development of Farzad B Gas Field.

Iran'.s National Iranian Oil Co. is expected to release its OSPs for May-loading crude later this week.

Iran'.s electricity strategy appears to be in line with the country'.s efforts to position itself as a prominent regional player.

The amount of gasoline stored in the country indicates a rise of 1.5% compared with last year'.s corresponding period.

There are five international companies that are competing to win the project.

The risk for OPEC and its allies is that this sort of market share is hard to recover once the self-imposed production cuts are lifted.

Iraqi oil production has remained stable at 4.36 million b d from September to February.

Previous bidding rounds had specific contract models that covered costs and paid a remuneration fee for production.

The first shipment of Euro 5 gasoline produced by Persian Gulf Star Refinery was delivered to Shahid Rajaee port in south of the country on December 3.

Iran’s LPG exports appear to rise this year and for February. the country has already 132.000 tons fixed for lifting in three cargoes.