The Head of Iran’s Petrochemical, Gas, and Oil Exporters’ Union, Hassan Khosrojerdi, announced that Iran will construct a 300,000 b/d refinery in Indonesia with funds provided by Chinese and European parties.
India’s Essar Oil Ltd, the country's largest refiner, expects to lower crude purchases from Iran after shipments from OAO Rosneft begin once the Russian state producer completes a deal to buy a 49% stake in the India ...
The Pakistani Ministry of Petroleum and Natural Resources is negotiating amendments to the Gas Sale Purchase Agreement (GSPA) with Iran for the early implementation of the much-delayed Iran-Pakistan (IP) gas pipeline ...
Director for International Affairs of NIOC said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term agreements.
The National Iranian Oil Products Distribution Company (NIOPDC) has announced that the country has deployed its first Euro 4-compliant gas oil shipment to global markets.
Tehran is in talks with German companies over exporting gas to Europe. The country has signed a number of gas contracts with major international firms including German Siemens, Russian Gazprom, and South Korean Kogas.
Russian energy giant Gazprom has sent a note to Iranian authorities with a request to participate in gas liquefaction bids in order to enhance Iran's gas project development and Iranian gas exports to Europe.