Iran | Egypt Oil & Gas - Part 50
Iran, Russia Began Work on Two Nuclear Reactors
Russian and Iranian firms began work on two additional reactors at Iran’s nuclear power plant on the Gulf coast at Bushehr. The two units will add over 2,000 MW of nuclear power generating capacity over a ten-ye...
Iran Delivered 1mb of Crude to OMV
Austria’s OMV, an international integrated oil and gas company, has received the first consignment of 1mb of crude oil from Iran, since 2012. The shipment included Iranian heavy and light crude in a spot deliver...
Oman, Iran LNG Pipeline to Cost $1.5b
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project’s route and design to avoid waters controlle...
Iran to Launch New Oil, Gas Contracts in 2017
Iran will launch its new upstream oil and gas contracts during a 3-day conference that will be held in Tehran end of January 2017, reported S&P Global Platts. Iranian officials said that the new framework is con...
Iran to Boost Cleaner Diesel Exports
National Iranian Oil Company (NIOC) aims to increase export volumes of cleaner diesel by 2017, as Tehran upgrades its refineries, Reuters reported. Diesel exports from NIOC containing 500 parts-per-million (ppm) of su...
Iran to Store Gas in Azerbaijan
The State Oil Company of Azerbaijan Republic’s (SOCAR) President, Rovnag Abdullayev, said that Iran is considering pumping natural gas to SOCAR’s facilities during the summer months, for storage purposes u... Iran, Armenia To Establish a Free Trade Zone
Iran and Armenia are expected to create a free economic trade zone. Armenia’s Minister of Economy, Artsvik Minasyan, stated that this is going to expand relations between Iran and the Eurasian Economic Union (EEU), ad...
Iraq to Consider Selling Oil via Iran
Iraq’s government will consider selling crude exports through Iran, if the country’s negotiations with the autonomous Kurdish region on an oil revenue-sharing agreement fail, according to Reuters. Iraq...
