The Petroleum Engineering and Development Company (PEDEC) has signed a contract with three Iranian firms for manufacturing and maintaining electropumps for Goreh-Jusk Oil Pipeline Project.
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Iranian Oil Minister Bijan Zangeneh said he would leave Tehran for Moscow later this week to attend the upcoming Gas Exporting Countries Forum (GECF) ministerial meeting and participate in the Russian Energy Week.
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Iranian oil minister Bijan Zanganeh said on Monday that the government is focused on development of refineries and petrochemical companies in Makran region. in south eastern Sistan and Balouchestan province.
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The CEO of the National Iranian Oil Company (NIOC) said the company is to sign nine contracts with domestic companies for oil production enhancement and maintenance projects and it will continue signing contracts with domestic firms for its projects.
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Aramco is leaning on business partners and friendly governments to help achieve its preferred valuation of US$2 trillion.
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China has promised to ease its dependence on coal.
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Moscow will host oil and energy ministers of the Gas Exporting Countries Forum (GECF) on October 3.
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The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.
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Saudi Arabia has positioned itself as the swing supplier in global markets for decades.
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A new report warns the polluting fossil fuel must be cut from global electricity generation entirely by 2040.
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