Iran | Egypt Oil & Gas - Part 16
Saudi Arabia to Expand Pipeline as Alternate Export Route
Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to reduce oil exports through the Strait of Hormuz, Reuters reported. The move comes in response to a number of in...
Iraq Invests in Associated Gas at Southern Fields
The Iraqi Ministry of Oil announced that it will invest in associated gas after signing a memorandum of understanding (MoU) with Honeywell for gas processing from the Artawi southern oilfield, Asharq Al-Awsat reported...
Iraq Discusses Cooperation Projects with Iran
An Iraqi delegation has recently discussed cooperation with Iranian companies in oil and gas projects during a meeting with Iran’s Energy Industries Engineering and Design Company (EIED), Tehran Times reported. Cooper...
Iran to Raise Natural Gas Exports to Armenia
Iran and Armenia are considering to expand a swap agreement that allows Iranian natural gas exports to Armenia in exchange for electricity, Neftegaz reported. The two countries launched a commercial scheme almost a de...
Iran, CNPC Disagree Over South Pars Field
Iran has denied a request by China National Petroleum Corporation (CNPC) to suspend work on Phase 11 of the South Pars gas project, Oil Price reported. At the end of last year, CNPC replaced Total in the South Pars ga...
Iran Hopes to Raise Oil Exports
Iran is hoping for an improvement in crude oil exports despite further sanctions, Reuters reported. “What matters now for Iran is the amount of oil that we can export,” said the Iranian Oil Minister Bijan Zanganeh. In...
Iran, Turkmenistan Produce 63 mcm/d from Gonbadli Field
Iran is producing 63 million cubic meters per day (mcm/d) of natural gas and gas condensates from the Gonbadli field, which it shares with Turkmenistan, Mehr News Agency reported. Daily production from the joint field...
OPEC Production Hits 5-Year Low
The Organization of the Petroleum Exporting Countries (OPEC) output fell to a new five-year low in June, according to a Reuters survey. An increase in Saudi crude production did not offset the reduction in Iran and Ve...
