Iran | Egypt Oil & Gas - Part 55
OPEC Revenues to Fall 15% in 2016
OPEC's 2016 oil export revenues will probably fall 15% to $341b, down for the third straight year and possibly the lowest in more than a decade.
Turkey, Iran to Triple Mutual Trade to $30b
Turkish Customs and Trade Minister announced that Ankara and Tehran are doing their best to considerably increase the volume of their trade exchanges.
Iran’s Oil Export Doubles to 3.8mb/d
Iranian Ministry of Petroleum announced that the country's crude oil exports have doubled crossing the level of 3.8mb/d with over 2m barrels being exported to foreign destinations, since Iranian President, Hassan Rou ...
Iran to Sell Oil to India in Euro
Iran will receive euro payments for its oil exports to India, and the sales in rupees will stop, the Central Bank of Iran (CBI) announced.
Iran’s Kurdistan Petchem Plant to Come Online
Iran's Kurdistan Petrochemical Plant will be able to produce 300,000 tons a year of light polyethylene after becoming operational in estimated two months.
Iran Prioritizes Joint Oil Fields Development
Managing Director of National Iranian Oil Company (NIOC) said that development of joint oil and gas fields are still top priorities for Iran.
Petropars, Interoil Italia, PSEEZ Agree to Develop Oilfield in Iran
Iran's Petropars, the Pars Special Economic Energy Zone (PSEEZ), and Italy's Stinnes Interoil Italia Srl inked a deal to develop a new oil field in southern Iran.
India Begins Settling Iran’s Oil Dues
Indian refiners have turned to Indian and German banks to speed payment of billions of Iranian oil dues they still owe to Tehran.
