Iran | Egypt Oil & Gas - Part 19
Iran to Stand Against US Sanctions: Oil Minister
Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions, Reuters reported. Iran would...
US Extends Iraq’s Waivers to Continue Importing from Iran
The US has extended the initial waiver given to Iraq to continue importing from Iran despite the sanctions for another 90 days, Oil Price reported. The waiver will allow Iraq to continue importing electricity from Ira...
Iran to Increase South Pars Gas Production to 630 mcm/d
Iran plans to boost gas production from the South Pars field, the world’s largest gas field, to 630 million cubic meters per day (mcm/d) up from 580 mcm/d by mid-March, SHANA reported. “Iran currently extracts 5...
Iraq Forms Committee to Discuss Resumption of Kirkut Oil Exports
A newly-formed committee of experts are due to visit the Iraqi parliament to address the resumption of oil exports from Kirkuk through the Kurdistan region, Iraqi Prime Minister Adil Abdul-Mahdi announced on November ... US Grants Iraq 45-Day Waiver for Iran Imports
The US has granted Iraq a 45-day waiver from its sanctions on Iran in order to import natural gas and electricity supplies, Reuters reported. “The United States has given Iraq a temporary relief from the sanctio...
EU to Create SPV to Evade Iran Sanctions: French Minister
France will push to create the necessary mechanisms to allow EU countries to maintain trade with Iran following the re-introduction of US sanctions on November 5, France’s Minister of Finance, Bruno Le Maire, said in ... US to Give Eight Nations Oil Waivers for Iran Sanctions
The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5, a US government official told Bloomberg. The waivers have been gran...
Saudi Aramco, Sabic to Build Petrochemical Complex in Yanbu
State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial petrochemicals complex in the port city of Yanbu on the Red Sea coast, Reuters reporte...
