The country currently produces 513.500 tons of crude oil per day of which 230.000 tons are refined.
Read More »Eni Talks on Oil&gas Projects in Iran
The Kish gas field is expected to yield 28 million cubic meters per day of gas. to be used domestically. and 11.300 bpd of gas condensate set for export.
Read More »Chinese Company Will Build Iran Railway in Return for Oil
Under a national plan. Iran seeks to stretch out the nationwide railroad line to 25.000 kilometers by 2025 from under 15.000 kilometers now.
Read More »US Wants to Prevent Flow of Iranian Oil on Market
The US is trying to prevent a flux of Iranian oil on the market.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »OPEC Oil Price Rises
The price for October futures of West Texas Intermediate (WTI) dropped by 0.98 percent and stood at $47.40 per barrel.
Read More »Number of US LNG Buyers Can Increase Further
The US Energy Information Administration (EIA) expects the country’s LNG exports to increase in coming years.
Read More »Russia’s LUKOIL Launches Main Facilities at Uzbek Gas Field
LUKOIL joined the Southwest Gissar project in March 2008.
Read More »OPEC Oil Price Passes $49 bbl
The price for September futures of West Texas Intermediate (WTI) grew by 0.84 percent and stood at $47.77 per barrel.
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