Tag Archives: Trade

Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.

The new capacity is expected to help the ministry avoid periodic outages during the hot summer when demand peaks for cooling homes and businesses.

The US is trying to prevent a flux of Iranian oil on the market.

Traders will try to keep discharge options open so that they are able to anticipate any potential delays in discharging the cargoes.

Several Russian banks are already subject to U.S. and European Union sanctions.

Essar Oil'.s new owners will settle over 2 billion euros ($2.4 billion) owed to Iran for past oil purchases.

A large number of Iranian traders started to ship food to Qatar following the political crisis.

A recent report shows that the volume of foreign investment in Iran has increased by over 64 percent.

While the impact of these imports has eased as more gas supplies have come on to the world market and prices have fallen. they are an uncomfortable reminder of Japan’s energy dependence. But a solution may be at hand. in the form of methane hydrates.

Russia and Turkey were enhancing cooperation in several fields. including industry. transport. agriculture and construction.