Iran | Egypt Oil & Gas - Part 25

Iran to Halve Gasoline Imports

Iran plans to halve its gasoline imports during summer 2018.

Russian Iran Hydrocarbon Investments May Exceed $50 B

Russian presidential aide Yuri Ushakov announced on April 2 that Russia could invest more than $50 billion in Iranian oil and gas fields.

Asian Imports of Iranian Oil Hit Two-Month Low

China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the lowest levels since December and a 20% decline from February 2017.

Iraqi Oil Exports See Slight Rise in March

Iraq exported 3.453 million barrels per day (mb/d) of crude oil from its southern ports in March, a slight increase from the numbers for February, which marked the third month in a downward trend.

Iraq, Iran to Start Oil Swap

A senior Iraqi energy official has said that oil could be sent from Kirkuk in the north of Iraq to Iran's Kermanshah refinery in the coming weeks.

Iran Cuts South Pars Condensate Production by 25%

National Iran Oil Company (NIOC) has cut South Pars condensate production in Q2 2018 by 25%.

Iran Reduces Fuel Imports as New Refinery Opens

Iranian imports of refined fuels have sharply reduced since a new refinery began its operations, trade sources have said.

NIOC Signs $2.4 B Oil Deal with Iranian Firm

The deal aims to produce a maximum of 110,000 b/d with a total output of 512 million barrels from the two fields after 20 years.

Russia, Iran Sign $740 M Development Agreement

The NIOC signed a $740 million agreement with a Russian-Iranian consortium to develop two oil fields near the Iraqi border.

Iran Nearly Doubles Gas Production at South Pars: Rouhani

Irani President Hassan Rouhani stated that gas production increased from 285 mcm to 555 mcm over the past Iranian calendar year.

Page 25 of 99

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