Tag Archives: Production

Both documents reflect the willingness of the parties to cooperate along the entire production chain.

Petrochemical is Iran'.s most important industry after oil and gas.

Iraq is working to divert most future output from Kirkuk oilfield to local refineries.

The global agreement to limit production is making progress in re-balancing supply and demand for oil.

Russia. the largest producer outside the group. is keen to exit as soon as possible.

OPEC and its allies started withholding supplies last January and currently plan to continue doing so throughout 2018.

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

An estimated 3.500 MW in new electricity production capacity will be added to the national power grid by the summer of next year.

Russia is looking to open new gas fields and selling to the international market.

Iraq plans to double its production from oilfields in Kirkuk to one million barrels per day.