Tag Archives: Sanctions

Sanctions are not retrospective and businesses created before imposition of sanctions are not affected by restrictions.

Iran and Russia can take advantage of the opportunity provided by Western sanctions against the two countries.

Crude oil output from Azar field will reach 30.000 barrels per day in four weeks from the present 15.000 bpd.

More than 100 foreign executives. traders and petrochemical producers are attending the 13th international Iran Petrochemical Forum .

An Italian company has built the equipment for Iran’s first geothermal power house which will be installed soon.

Azadegan'.s in-place oil is estimated at 33.2 billion barrels.

Asia'.s fourth-largest economy brought in 12.68 million tons of crude oil in March this year.

Iran aims to raise natural gas production to 1.1 billion cubic meters per day in the present fiscal year.

Iran is on the top rank of gas reserves and the fourth rank of oil reserves in the world.

Phase III of Pardis Petrochemical Plant along with Kaveh Metanol Project are also nearly ready for inauguration.