Iran | Egypt Oil & Gas - Part 56
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, Fars News Agency informed. A German delegation disc...
Iran Exports First Fuel Oil
Iran exported its first consignment of fuel oil from Assalouyeh, Bushehr province, destined for regional countries, and weighing 4,500 tons. The shipment took place as the country had reduced consumption of liquid fue...
OPEC Revenues to Fall 15% in 2016
OPEC’s 2016 oil export revenues will probably fall 15%, about $341b in 2016, compared to 2015 levels, based on projections of global oil prices and the group’s production levels, Reuters wrote. Oil revenue...
Turkey, Iran to Triple Mutual Trade to $30b
Turkish Customs and Trade Minister, Bülent Tüfenkçi, said that Turkey aims to triple trade with Iran to $30b as quickly as possible after the lifting of economic sanctions made banking transactions with the country e...
Iran’s Oil Export Doubles to 3.8mb/d
Iranian Ministry of Petroleum announced that the country’s crude oil exports have doubled since Iranian President, Hassan Rouhani, took office in August 2013, reported SHANA. The country’s crude oil output has c...
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, Hellenic Shipping News informed. According to Iran Daily, Executive Director ...
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, Iranian news agency, SHANA, reported, citing Managing Director of the Kurdistan ...
Iran Prioritizes Joint Oil Fields Development
Newly appointed Managing Director of National Iranian Oil Company (NIOC), Ali Kardor, said that development of joint oil and gas fields are still top priorities for Iran, SHANA reported. Kador thus affirmed that the c...
