Tag Archives: Sanctions

The country reluctantly agreed in November to an OPEC deal to cut production in a collective effort to try and boost oil prices.

Iran is eligible and capable to absorb some $370-380 billions within the next decade.

Iran is planning to cut liquid fuels in power sector by increasing gas deliveries in coming years as well.

Iran currently produces 8 million tons of LPG per year.

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

Under the contract. the company will supply compressor trains each comprising a Siemens STC-SV vertical split compressor for the processing plants.

The average of Turkey'.s imports reached 126.000 bpd from the beginning of 2016 until the end of Nov.

This is Siemens'. first huge oil and gas order since the easing of sanctions in January 2016.

We see a lot of indication that there is a departure in the current administration from the campaign slogans and we don’t see a conflict coming up.

Iran foresees no challenge in forming oil cooperation with America as positive signs can be already seen in this regard.