Iran | Egypt Oil & Gas - Part 45
Saudi Arabia’s Oil Exports Grew in September
Saudi Arabia's crude oil exports rose to 7.812mb/d in September compared with 7.305mb/d in August, this comes to about 507,000b/d increase.
Iran, Poland to Create Oil Shipping Firm
The National Iranian Tanker Company (NITC) and Poland’s Ciech Trading S.A. are in talks in Tehran in order to establish a joint company for the marine transportation of crude oil, petrochemicals and liquefied gas.
Iran to Build Gas Condensate Refinery
Iran's Ghadir Group has reached an agreement with Italian Italian Saipem and Maire Tecnimont to cooperate on building a gas condensate refinery with a 120,000b/d capacity in southern city of Shiraz at the Fars Province.
Iran Launched Oil Fields
the first phase of production at Yadavaran, North Yaran and North Azadegan fields in its oil-rich Khuzestan province, with a total output of more than 220,000b/d.
Iran to Reimburse Turkey on Gas Deal
Iran ruled out a payment to Turkey of 25% economic compensation for the cut in the export of natural gas to the Eurasian country, which triggered a legal dispute.
Iran, Russia to Review New Deals
Tehran will host the upcoming Russian-Iranian intergovernmental commission on trade and economic cooperation during December, to discuss financial and technical models of a new contract with Russian firms.
Yaran Field Began Oil Output
Iran has begun first oil production from North Yaran field shared with Iraq after years of delay. The development manager of the field, Arash Baqerzadeh, said that the production from the field has begun with 30,000b/d.
Iran’s Oil Exports to Decline by 7.5%
Iran's crude oil exports are set to decline up to 7.5% in November to a four-month low, as the seasonal demand is low in Europe.
