Iran | Egypt Oil & Gas - Part 41
China to Loan $1.3b to Iranian Refinery
China has opened a line of credit, worth $1.3b, to finance the development of Abadan Oil Refinery, Iran’s oldest refinery in the southern Khuzestan Province.
Iran’s Oil Exports to India Grew in 2016
India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran.
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.
