Iran | Egypt Oil & Gas - Part 34

Iran to Raise Oil Output Capacity

Iran has plans to raise its crude oil production capacity by 3mb/d.

Iran Moves Forward with Gas Exports

Iran is conducting negotiations with a number of neighboring countries, including Iraq, to export natural gas.

Iran to Stick to OPEC Decision on Oil Cut Deal

Iran announced it will go along with whatever decision OPEC makes on whether to extend oil production cuts beyond June.

Iran Stops Gasoline Import

Iran has become self-sufficient in producing the amount of gasoline the country requires on a daily basis.

Kuwait’s Oil Exports to China Rise 14.7%

Kuwait's crude oil exports to China in the first three months of 2017 rose 14.7% from the same period of 2016 to 305,000b/d.

Saudi Arabia Loses Market Share to Iran, Iraq

Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices.

Iran to Export Gas to Pakistan

Iran is ready to export gas and electricity to Pakistan, in addition to a short-term agreement on natural gas exports to Georgiathrough the territory of Armenia.

Iran to Export LPG to India

Iran is seeking to diversify its commodities exports.

Iran, Russia to Build 2 Nuclear Power Plants

The cooperation contract signed between Russia and Iran sets that two nuclear plants will have 1,000 MW of capacity each.

Iran to Join Oil Production Cuts

Iran announced that it is ready to join the OPEC oil production cuts despite being exempted from the initial production cuts agreement, which allowed it to boost its crude output to about 4m barrels.

Page 34 of 99

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