The first FPSO is still en route to its operational location where it will become installed.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Gas Grid Comes to Zahedan
Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.
Read More »Total in Talks to Buy Iranian LNG Project
Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.
Read More »South Pars Gas Output Exceeds 132 bcm
South Pars'. sulfur output in the last 11 months was 472.000 tons. which is expected to rise in the near future.
Read More »Installation of Iran`s FPSO Begins Near South Pars
Iran hopes to increase output to 55.000-60.000 barrels per day in the second phase of production from the South Pars crude oil layer.
Read More »Parliament Approves Bond Issue for Oil Projects
Tehran'.s exceedingly tight budget does not measure up to its energy aspirations.
Read More »Jump in Iran`s Gas Condensate Exports
Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.
Read More »Iran to Issue over $1.5bln in Bonds for Development of Joint Oil. Gas Fields
Iran shares a number of oil and gas fields with its Arab neighbors in west and southwest.
Read More »Iran to Reach Qatar in South Pars Soon
The amount of the country’s gas production has increased tremendously in the past three years.
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