Iran | Egypt Oil & Gas - Part 50
Iran’s New Contract Format Approved
Iran’s Vice President, Eshaq Jahangiri, said that he signed an authorization for the Ministry of Petroleum to use the new format of the Iran Petroleum Contract (IPC) for oil and gas deals.
Iran’s LPG Exports Reach 615,000 Tons
Iran’s Liquefied Petroleum Gas (LPG) year-to-date exports are about 615,000 tons, a with over 40m liters/d of mazut shipped to overseas markets.
Iran to Export LNG to Europe
Iranian Minister of Oil, Bijan Zanganeh, has announced the country’s plans to exports Liquified Natural Gas (LNG) to Europe.
Iran to Swap Oil with Caspian Sea States
Iran can swap up to 120,000 b/d of crude oil, which can be enhanced to over 1.5 mb/d in the future, with its northern neighbors at North Oil Terminal.
Iran Exported 2.74mb/d of Crude in July
With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.
Iran, Indonesia Signed MoU on Petrochemical Cooperation
Iran's Petrochemical Commercial Company (PCC) recently signed a memorandum of understanding (MoU) with Indonesia's state-run oil and natural gas corporation based in Jakarta, Pertamina, on petrochemical cooperation.
Russia’s Lukoil, Gazprom to Develop Iran’s Oil Fields
Russia oil firms Lukoil and Gazprom plan to invest in the development of three oil fields in Iran, with Gazprom finalizing their agreement with the National Iranian Gas Company.
Iran to Launch Gas Export to Iraq
Iran stated that natural gas exports to Iraq will start in September 2016. The Managing Director of the National Iranian Gas Company (NIGC),Hamid-Reza Araqi, confirmed that Iran will initially ship 7 mcm/day to suppl ...
