Iran | Egypt Oil & Gas - Part 41
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.
Iran Sent First Cargo of Gas to Europe
Iran has exported 1m barrels of gas condensate to Europe for the first time since the end of sanctions on January.
