Tag Archives: Sanctions

There are many things in Iran foreign investors flush with capital and world-renowned companies with updated knowledge find appealing.

Iran'.s crude oil and condensate exports to Europe has reached one million barrels per day.

The first and second stages of the project would become operational in 40 months and 60 months respectively.

Supply and demand now ``show us we are on the right course`` to achieving OPEC’s goal of reducing stockpiles to their five-year average

Sanctions promoted corruption in Iran in oil and gas business in order to circumvent sanctions.

Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.

The new pipeline. with a length of 941.8 kilometers. stretches from Mohe at the Russian border to Daqing.

Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.

The operation of the Al Shaheen Field under the new arrangement runs for 25 years. starting on July 14.

Currently. Iran’s oil output stands at 3.8 million barrels per day. despite numerous statements that the country reached its pre-sanction production level of 4 million bpd.