Iran | Egypt Oil & Gas - Part 32
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, Ahmad Pourhaydar, Managing Director of Pars Special Energy Economic Zone for Customs Affairs, tol...
Russia, Iran to Begin Oil-for-Goods Swaps
Russia and Iran are on track to implement an oil-for-goods trade agreement, the Russian news agency, TASS, reports. The Russian Energy Minister, Alexander Novak, told the press that the swaps could begin within a mont...
Iran Boosts Crude Exports to S Korea
Iran’s oil exports to South Korea rose to 1.4 million tons for the month of July, a 26.5% year-on-year increase from the 1.1 million tons it exported to South Korea in July 2016, Reuters reports. During the firs...
Russian, Turkish, Iranian Firms Sign MoU
Russia’s Zarubezhneft, Turkey’s Unit International, and Iran’s Ghadir Investment Company signed a memorandum of understand (MoU) for oil and gas development, the Iranian Mehr News Agency reports. Under the agreement, ...
Zanganeh to Continue as Iranian Oil Minister
Bigan Zanganeh was re-appointed as oil minister by Iranian President Hassan Rouhani, Reuters reports. Zanganeh has served in the position twice, according to Bloomberg. He served as oil minister from 1997-2005 and fro...
South Korean Firm to Modernize the Iranian Tabriz Oil Refinery
South Korea’s SK Engineering & Construction Company will partner with Iran’s Tabriz Oil Refining Company to conduct $1.6 billion worth of renovations at the Tabriz facility, Reuters reports. SK Engineering & C...
Kirkuk Government Opposes Iran-Iraq Pipeline
The Provincial Government of Kirkuk will not cooperate with the central government’s plans to export oil from the Kirkuk oil fields to Iran, according to provincial officials, reports Bloomberg. Iraq’s Oil Minister, J...
Iran Crude Exports Reach 2.2 M b/d
Iran exported over 2.2 million b/d of crude oil to Asian and European markets in July, MEHR reports. Overall exports rose by 45,000 b/d in comparison to June, the Iranian Oil Ministry announced. The Iran’s crude-oil e...
