Iran’s Oil Exports to India Reach 550,000 b/d
Iran's oil exports to India reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.
Iran's oil exports to India reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.
Iran is set to establish onshore extension to its major gas pipeline project, which would transport natural gas from the Persian Gulf to South of the Sea of Oman.
Iran is likely to start exporting natural to the city of Basra in southern Iraq can in March 2018, National Iranian Gas Company's Managing Director, Hamidreza Araqi, stated.
Iraq will begin to export crude oil, produced from the northern Kirkuk fields, to Iran before the end of January 2018, Iraqi Oil Minister, Jabar al-Luaibi, told reporters on January 7th.
Iranian oil reached its highest price in two and a half years, rising 2% on January 3.
Iranian crude oil output and exports have not been affected by the unrest, which is spreading across the Asian Country, Iranian oil and shipping sources stated on January 2nd.
After nearly two months, firefighters extinguished a fire at the Rag-e-Sefid oilfield in Iran.
Iranian exports to its major Asian customers were down 29% year-on-year in November.
Iran’s Qeshm Gas Condensate Refinery will begin operations in January.
Iranian crude exports to South Korea in November plunged 21.6% from October’s totals.