Iran | Egypt Oil & Gas - Part 42
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, Reuters reported. The sharp increase propelled Iran, with 47...
Iran to Export Gas to Iraq
Iran’s Deputy Petroleum Minister for International Affairs and Trading, Amir-Hossein Zamaniniya, said that Iran is ready to proceed with a much-awaited project to export natural gas to Iraq as soon as Baghdad takes me...
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, Financial Tribun...
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, Reuters reported. NPC’s Director for Planning and Development, Farnaz Al...
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, Reuters reported. The deal was sig...
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, The Siasat Daily reported. Iranian Ministry of Petroleum’s public relations announced that The Islamic republic h...
Turkmenistan Halted Gas Deliveries to Iran
The Turkmen Foreign Ministry said that Turkmenistan has limited natural gas supplies to Iran starting January over unpaid past deliveries, Reuters reported. Ashgabat, which exports to Iran about 9bcm/y of gas, made th...
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, Reuters reported. China National Petro...
