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The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.
Read More »Arab States Request Iran`s Natural Gas
Iran in Talks with Persian Gulf States to Export Gas
Iran'.s priority for gas exports to Europe was to proceed with LNG.
Read More »Iran Sets New Terms for Gas Field Award
Farzad-B was discovered by OVL in the Farsi block about 10 years ago.
Read More »European Firms Looking for Gas and Oil Cooperation with Iran
Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.
Read More »Drilling Operations at Kish Gas Field in Progress
Kish field is planned to be developed in five phases.
Read More »Iran Gasoline Storage at 200m Liters
Average gasoline consumption has been close to 78 million liters daily in the present fiscal.
Read More »South Pars Oil Output Surpasses 1m Barrels
Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.
Read More »Iran. Japan Sign Polyethylene Deal
Itochu is willing to expand business in the Iranian market. including investments in petrochemical projects.
Read More »Qatar Asks Iran to Coordinate Gas Output in Joint Field
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.
Read More »$30b Needed for 2nd Phase of South Pars Development
Iran'.s oil production capacity has crossed 4 million barrels per day.
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