Tag Archives: Persian Gulf

West Karoun is the name of an oil-rich region in Khuzestan that includes several large oilfields.

The refinery'.s output level is rising progressively and its isomerization unit will go on stream next week.

Korea Gas Corp. (KOGAS) — the world'.s No.2 LNG buyer — is a main importer of Iranian LNG.

The Iranian Navy has been conducting anti-piracy patrols in the Gulf of Aden since November 2008.

Iran had signed two basic agreements with Gazprom over the development of North Pars and Kish gas fields in addition to the Farzad projects.

Latest estimates show the field holds 1.53 billion barrels of mostly light crude oil in place.

Tehran is strongly opposed to bullying. tension-creating policies. no matter which country is pursuing them.

Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.

The Saudi allies. in the meantime. have announced their plan to close air and sea transport links to Qatar.

Qatar. like Saudi Arabia and the U.A.E.. is also a member of the Organization of Petroleum Exporting Countries.