Tag Archives: Sanctions

French energy major Total S.A.. Anglo-Dutch major Royal Dutch Shell and Japan'.s Inpex are in the race for developing the Azadegan Oilfield.

Oil sanction inflicted about 170 billion dollars of damage on Iran.

Iran’s exports of oil and condensate had doubled after the removal of sanctions against the country.

The two sides held negotiations on joint cooperation in various fields of nanotechnology. biotechnology. ICT and advanced materials.

Signing oil contracts with major companies will pave the way for encouraging other firms to establish ties with Iran and make investments.

Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month.

The current loading and export capacity for gas condensate stands at about two million barrels.

Iran earned around $25 billion from selling crude oil in its previous fiscal.

Iran’s crude oil storage capacity is expected to increase by 10 million barrels.

In November. Obama extended a separate national emergency against Iran.