Iran | Egypt Oil & Gas - Part 36
Iran to Export LPG to India
Iran has signed an agreement for supplying liquefied petroleum gas (LPG) to India. The Iranian Gas Commercial Company (IGCC)’s Managing Director, Mohammadali Barati, stated that the country is seeking to diversify its...
Iran, Russia to Build 2 Nuclear Power Plants
Iran and Russia will jointly construct two nuclear power plants in the Islamic state, Xinhua Net informed, citing the Iranian Energy Minister, Hamid Chitchian. As informed on Oil Price, the cooperation contract signed...
Iran to Join Oil Production Cuts
Iranian Oil Minister, Bijan Zanganeh, told media that Iran is ready to join the initiative of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, reported Oil Price. Zanganed said that ...
MENA Oil Exports to South Korea Increased
Oil shipments from Saudi Arabia to South Korea rose by 10.9% to reach 3.52m tons per month, or around 831,4b/d, during March compared to 2016, Reuters informed. However, South Korea’s imports of Saudi crude oil decrea...
Iran Increases Oil Output at South Azadegan
Iran increased its oil production from South Azadegan by 30,000b/d after being stuck in the 50,000b/d range for years. Operator of the Field’s Development Project, Touraj Dehghani, stated to Shana News that prod...
Iran Inaugurates Projects Worth $20b
Iran’s President, Hassan Rouhani, officially inaugurated 10 major oil, gas, and petrochemical projects worth $20b in the southern energy-rich Assalouyeh region. The projects included five phases of the South Pars gas ...
Iran Delayed Contracting Chosen Bidders Until Reviewing IPC
The Iranian Petroleum Contract (IPC), which was created to attract foreign investments in the aim of reviving the country’s energy industry, has been delayed since Iran’s Security Council is still reviewing it, Oil Pr...
US Greenlights BP in Iran
UK’s BP and the National Iranian Oil Company (NIOC) have received a license from the US Treasury to operate their joint gas field in the North Sea following the lifting of Western sanctions on Tehran, reported Reuters...
