India’s oil imports from Iran rose to its highest level in five years, amounting to 523,000 b/d in July, which is a 37% jump from June's volume, and more than double that of the same period in 2015.
Iran increased its gas supplies to Turkey by almost 9%, reaching a total volume of 518 mcm in 2016, compared with 472 mcm in the same period in 2015, showing an upsurge of 40 mcm.
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.