Tag Archives: Royal Dutch Shell

.The two neighbors hope the pipeline can be commissioned two years after construction work begins

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

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

The agreement was signed in Ahvaz by Tony Bowman. Schlumberger'.s president for production management.

Iran used to sell around 800.000 bpd to European buyers before the tightening of international sanctions in 2011 and 2012.

Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.

The tender is expected to raise at least $100 million.

Iran was the first and largest manufacturer of MDI in the Middle East.

Iran holds 38% of the petrochemical market in the Middle East.

NIOC says a second list of qualified companies will be made available soon.