Tag Archives: Persian Gulf

Iran’s crude oil and condensate exports rose three percent month-on-month in January.

South Pars is the world'.s largest gas field shared by Iran and Qatar in the Persian Gulf.

Pertamina signed a nondisclosure agreement last August with NIOC to conduct studies on the oilfields.

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.

.The oil layer is projected to hold heavy crude with an API gravity of 8-16

.The volume of gas in place (GIP) of the field is estimated at 42 to 56 TCF

.The facility was constructed by Iran’s private sector with investment of 280 billion rials

.Iran’s refinery capacity is now 1.700.000 barrels per day

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

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