Iran | Egypt Oil & Gas - Part 54

Spain to Import 1m Barrels of Iranian Crude

Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry.

Iran Exports 2m Barrels of Crude to Poland

The director for international affairs at National Iranian Oil Company (NIOC), Mohsen Ghamsari, has declared that Poland’s Grupa Lotos has bought 2m barrels of Iran’s crude oil in a one-off purchase.

India Resumes Iran’s Crude Oil Imports

Shipping Corporation of India (SCI), announced that it will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner.

OPEC Output at Record High in June

The Organization of the Petroleum Exporting Countries' (OPEC) oil output has risen in June to its highest in recent history as Iran and the Gulf member states boosted their oil supply.

Iran Triples Gas Exports to Armenia

National Iranian Gas Exports Company's Managing Director has said that an agreement was reached with Armenia to bring about a threefold increase in Iran’s gas exports to the country.

Iran Expected to Approve New Oil Contracts

Iranian Oil Minister, Bijan Namdar Zanganeh, said that the government is expected to approve a new model oil contract designed to attract investors.

Iran’s Condensate Exports to Fall in July

Iranian crude exports will reach its lowest level in July, a five-month low, as purchases of the ultra-light oil by Asian refiners, especially South Korea, decreased.

Egypt Agrees to Import Iran’s LNG

Egypt has agreed to recommence importing Iran's liquefied gas (LNG), according to an Iranian official, following the permit issued by Cairo for Tehran to transfer crude oil to European countries through its SuMed pip ...

Iranian Maroon Petchem Plant to Operate in 2017

The first phase of Maroon Petrochemical Plant will come on-stream before the end of the current Iranian calendar year which began on March 20th.

Germany to Construct Solar Plant in Iran

Germany will construct a solar power plant and other facilities in Iran, according to a statement made by an Iranian official at the Governor-General's office.

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