Iran | Egypt Oil & Gas - Part 41

Iran to Export Gas to Iraq

Iran is ready to proceed with a much-awaited project to export natural gas to Iraq as soon as Baghdad takes measures to make the related payments.

Iran to Bring 5 Petchem Projects Online

Iran’s Head of National Petrochemical Company (NPC), Marzieh Shahdaei, said that five petrochemical projects are expected to go on stream by the end of the country’s current fiscal year in March 2017.

Iran to Develop 25 Petchem Projects

An official at the Irani state-run National Petrochemical Company (NPC) said that Iran is seeking investment to build 25 petrochemical projects.

Vitol to Loan Iran $1b for Refined Oil Products

The National Iranian Oil Company (NIOC) finalized a deal with the world's largest oil trader, Vitol, loaning Iran about $1.05b guaranteed by future exports of refined products.

Iran Denied Oil Pipeline Deal with Kurdistan

Iran has denied that it has reached an agreement with Kurdistan in Iraq for laying joint oil pipelines.

Turkmenistan Halted Gas Deliveries to Iran

Turkmenistan has limited natural gas supplies to Iran starting January over unpaid past deliveries.

Iran Qualified 29 Firms to Bid for Oil, Gas

Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model.

Daelim to Expand Isfahan Refinery

South Korea’s Daelim Industrial Company has won a major $2b deal from Iran to expand a central oil refinery. Daelim to Expand Isfahan Refinery

Iran to Increase Gas Exports to Armenia

Iran will increase exports of natural gas to Armenia and deepen broader economic ties between the two countries.

Iran Produced 4mb/d of Oil in September

Iran’s oil output, including gas condensate, stood at 4.170mb/d in September, about 870,000b/d more than September 2015.

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