Plans are in place to increase the number of liquefied petroleum gas carriers to help NIOC establish a foothold in the global market.
Read More »Iran’s landmark Deal with Total Signed. Oil Minister Extends Olive Branch to US Firms
In the time since the nuclear deal. Iran has seen success in other business ventures.
Read More »Total`s Agreement to Build Petchems Plant in Iran Makes Headway
South Pars is part of the world'.s largest gas field which is shared with neighboring Qatar.
Read More »Iran’s Oil Output Reach Post-JCPOA Record
Iran’s daily production of crude oil surpassed 3.9 million barrels last month.
Read More »Qatar Seeks to Boost LNG by 30% to 100mn mt by 2025
Qatar is the world’s biggest producer of Liquefied Natural Gas (LNG). Qatar’s current production is up to 77 million tons per year.
Read More »India Gives Iran $11 Billion `Best Offer` on Farzad-B Gas Field
ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.
Read More »Zangeneh: Total`s Forefront is Memorable
This contract will send a strong political message to the world especially at the time that the Americans have adopted a confrontational course (against Iran).
Read More »Oil Major Total Marks Return to Iran with Gas Field Deal
Total and the National Iranian Oil Company (NIOC) signed a deal to develop phase of 11 of South Pars. which is the world'.s largest gas field.
Read More »NPC Expects China to Clear Petrochem Payments
The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.
Read More »Iran to Sign New IPC Gas Deal with Total for South Pars on Monday
The international contract for development of Phase 11 of South Pars in the framework of IPC will be signed on Monday.
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