Tag Archives: Petroleum Product

Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.

The refinery is one of the 14 plants in Asalouyeh processing natural gas drawn from the giant South Pars field in the Persian Gulf.

Iran has launched talks with France’s Total over making technical amendments to platform building yard of Bandar Abbas.

An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.

South Korea has been one of the backbone customers of crude oil from Iran.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.

Iran has sold its entire inventory of gas condensates in China.

Iran is reportedly engaged in swap negotiations with Russia. Turkmenistan. Kazakhstan and Azerbaijan.

Iran currently exports 600.000 to 700.000 barrels per day of crude oil to Europe.

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