Iran | Egypt Oil & Gas - Part 38
Iran to Issue $1.5b Bonds for Petroleum Projects
The legislation grants the oil ministry permission to sell more than $1.5b in bonds for projects shared with neighboring countries.
Iran, Oman,India: A $4.5b Pipeline on Track
The implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent, according to South Asia Gas Enterprise Pvt Ltd’s (SAGE) Project Director, Ian Nash.
Iran, Total to Finalize $2b Gas Contract
Iran and French energy giant Total will finalize a $2b gas contract in April, according to Iranian Oil Minister, Bijan Namdar Zanganeh.
Iran Ready to Sign 100,000b/d Deal with Moscow
Iranian Minister of Petroleum, Bijan Zanganeh, said Tehran is set to sign a deal with Moscow within early March to sell 100,000b/d of oil to Russia.
Iran Discovered Its First Shale Oil
Iran has discovered its first shale oil reserve containing over 2b barrels of light crude. The deposit is located in the western province of Lorestan.
Saudia Arabia Lost South Korea’s Market Share to Iran
Figures show that Saudi Arabia has lost a significant share of South Korea’s oil market to Iran, as South Korea doubled its imports of Iranian crude in January.
Iran to dissolve NGSC, IGCC
The National Iranian Gas Company’s (NIGC) Managing Director, Hamidreza Araghi, expounded on details of dissolving Natural Gas Storage Company (NGSC) and Iranian Gas Commercial Company (IGCC).
Total Mulls $2b Investment in Iranian Gas Fields
French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers.
