Tag Archives: Persian Gulf

Iran'.s untapped hydrocarbon market is lucrative enough to appeal to lots of international companies.

The first partnership of Argentinians in Iran is expected to take place at an oil field in the country’s southern regions.

The South Pars field contains 14.000 billion cubic meters of gas. 8% of the world'.s known reserves.

In recent years. private companies in Iran have worked on desalination projects. many of which have become operational.

SPGC supplies 63.7% of Iran'.s total gas output. Once fully productive.

Iran'.s crude refining capacity is reportedly 1.85 million barrels per day.

Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.

The facility is now receiving 500 million cubic feet more gas from the offshore platforms of the phases.

Development activities are underway in a number of fields including Salman Nafti and Forouzan and preparatory works to increase output in the fields of Doroud and Abuzar.

Cooperation between the two countries (Iran and Armenia) is of special importance in energy security and in the near future.