Tag Archives: Production

.Oil has gained 16 per cent since the oil producers decided to cut production to prop-up prices

.Iran'.s production of natural gas from the supergiant South Pars Gas Field stands at 480 mcm/d

.The plants were developed by the Renewable Energy Organization of Iran. known as SUNA

Iraq was close to implementing its share of the agreed production cuts and would be in full compliance by the end of the month

.Pasargad will have six months to complete its studies and submit a development plan

.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11

. Analysts are watching closely whether OPEC and non-OPEC members stick to their commitments

.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November

.The Persian Gulf Star Refinery is the biggest of refinery of its kind under construction in Persian Gulf and the Middle East

.The US imported about 3 million barrels a day from OPEC last year