Tag Archives: Qatar

.The world’s largest oil-consuming country could sell as much as 800.000 barrels per day of crude overseas this year

.Iran'.s gas production has soared to 840 million cubic meters per day from a total of 490 mcm/d in mid-2013

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

.Iran has so far pumped 72.95 billion barrels of crude oil from its reserves with an average recovery rate of 24.65%

.The price of OPEC basket of thirteen crudes stood at $53.92 a barrel on Feb.2

.The NITC chief said his company has signed deals with foreign companies for leasing 35 tankers

.The agreement on development of phase 11 of South Pars Gas Field is valued at 4.8 million dollars

Iran currently produces 8 million tons of LPG per year.

The pipeline will connect the South Pars/North Dome Gas field shared by Iran and Qatar with the Iraqi city of Basra.

Iran is developing the giant South Pars field in 24 phases.