Iran | Egypt Oil & Gas - Part 53

Armenia Sets up New State Gas Company

The Armenian government has decided to establish a new state gas agency – Energaimpex – to deal with the expansion of natural gas imports from Iran, Arka News Agency reported. Currently, the country has no...

Gazprom Aims to Join Iranian Gas Bid

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, Ru...

Indonesia to Sign Oil MoU with Iran

Indonesia’s state-owned energy company Pertamina will sign a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) in August. The MoU will allow Pertamina to evaluate and assess up to fo...

Iran to Approve New Oil Contract Model

Iran is to offer international oil companies a new template for oil contracts in an attempt to attract $100b in foreign investments to help rebuild its energy industry, World Oil informed. The contracts are expected t...

Iran Plans to Boost Gas Export to 200mcm/d

The Iranian President, Hassan Rouhani, declared that the country plans to raise its gas exports to 200mcm/d, stressing that exports through pipelines to nearby countries and the achievement of liquefied natural gas (L...

Iran Records 60% Rise in Oil Export Volume

Iran records a 60% increase in oil export volumes by foreign supertankers docking at the country’s southern Kharg oil terminal, in the Bushehr province, in the first four months of the Iranian calendar year, sta...

Japan to Invest $10b in Iran

Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran. Petroleum and other energy sectors are viewed ...

OPEC Oil Output to Reach Record High in July

The Organization of the Petroleum Exporting Countries’ (OPEC) oil output is likely to reach its record in July, a Reuters survey found. Supply from OPEC has risen to 33.41mb/d in July from a revised 33.31mb/d in...

Iran Inks Solar Deals with Italian, Swiss Firms

A contract worth almost $44m has been inked with Italian and Swiss investors for building Iran’s biggest solar power plant in North Khorasan province, reported Trade Arabia. Managing Director of Energy Department of N...

Iran to Export 25mcm/d of Gas to Iraq

Director of the International Affairs Department at National Iranian Gas Company (NIGC), Azizollah Ramezani ,said that an Iraqi delegation will be present in the Islamic Republic in early August to discuss a natural g...

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