Iran | Egypt Oil & Gas - Part 30

Iran Halts Oil Trade with KRG

Following the independence referendum held by the Kurdish Regional Government (KRG) earlier this week, Iran has halted the trade of petroleum products.

Iranian Exports to Asia Rise but Remain Below 2016 Levels

Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.

Iran to Build Refinery in Homs

Iran has agreed to build an oil refinery in the Syrian city of Homs.

Iran Calls for OPEC to Address Libyan, Nigerian Production

The Iranian Minister of Petroleum, Bigan Zangeneh, singled out Libya and Nigeria in comments to the press yesterday, calling for changes in OPEC policy towards the two countries.

Iran Might Reduce Condensate Exports to Asia in October

Iran might reduce its condensate shipments to Asian markets in October, the National Iranian Oil Company (NIOC) told its customers.

Iranian Crude Exports to S Korea Rise 40.2%

South Korea’s crude imports from Iran and Saudi Arabia rose in August.

Iranian Company to Export Five Gas-Fired Power Plants to Syria

The Iranian company, Mabna, accepted a contract from the Syrian government to import five gas-powered units for use in Aleppo.

Iran Projects Crude Production of 4.5M b/d

The Managing Director of the National Iranian Oil Company (NIOC), Ali Kardor, projects that Iran will be producing 4.5 million barrels per day (b/d) of crude oil by the end of 2022.

Iranian Crude Exports to China, Europe Rise

Iranian exports of crude and condensates rose in August to 2.42 million barrels per day (b/d) from 2.37 million b/d in July, a 2.1% increase

Iran’s Exports from South Pars Rise

Iran’s exports of gas condensates from the South Pars field rose to $6.9 billion, a 12% year-on-year increase in value.

Page 30 of 99

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