Tag Archives: Sanctions

Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.

Iran holds the world'.s second largest gas reserves after Russia. but currently consumes almost all the gas it produces.

More than 140 members of IGU are associations and corporations representing over 95% of the global gas market.

South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.

Total said earlier in February that a final decision on the deal hinged on the new U.S. administration renewing the waivers.

In 1999. Iran made the same move to domestically manufacture gas turbines for consumption in its gas industry.

Almost 70% of Iran’s petrochemical machinery is manufactured by Linde and Siemens.

Iran needs major investments in its offshore oil and gas sectors.

Trump is now trying to kick the ball into Iran'.s court by pushing Tehran to violate the JCPOA.

Some 50.000 barrels will be added to Doroud and Soroush fields'. daily output by the end of the present fiscal.