Iran | Egypt Oil & Gas - Part 60

Iran, India Negotiate Undersea Gas Pipeline Bypassing Pakistan

Iran and India are expected to sign a long-proposed deal on the construction of an undersea gas pipeline worth $4.5m in total, as an alternative to a similar project via Pakistan.

Iran, Georgia Halt Talks on Gas Deal over High Prices

Iran and Georgia have temporarily stopped talks about Tbilisi's plans to purchase 200mcm of Iranian gas due to high prices.

Iran to Re-Launch Oil Swaps with Azerbaijan

Iran is expected to begin implementing the oil swap agreement with Azerbaijan in March, after a gap of five years.

Iran Rejects Joining Oil Output Freeze

Iranian Oil Minister, Bijan Zanganeh, said that Tehran would not restrain its oil output as part of a global pact to freeze production to prop prices, following a meeting with oil ministers from Qatar, Iraq, and Vene ...

Iran-Oman Undersea Gas Pipeline Study on Track

Studies on an undersea pipeline to transfer 20mcm/day of Iranian gas to Oman for a period of 25 years will be completed in six months.

Iran, Azerbaijan to Launch Oil,Gas Cooperation in Caspian Sea

Iranian President Hassan Rouhani will officially propose a new plan for oil and gas cooperation in the Caspian Sea to his Azerbaijani counterpart Ilham Aliyev, who is on an official visit to Tehran.

Iran Offers Discounted Prices of Crude to Europe

Iran has revealed its oil prices to European buyers for the first time since sanctions were lifted against the Middle East country. Iran Heavy, one of the country’s main export grades, will cost $1.25 a barrel, which ...

Iran Plans to Scale up Oil Production by 700,000b/d

Iran plans to scale up its oil production by 700,000b/d in the near future, according to the Iranian Deputy Oil Minister, Rokneddin Javadi.

Iraq, Iran to Hold Talks on Gas Pipeline Deal

Baghdad and Tehran agreed to hold talks about a gas pipeline deal between the two countries to execute 25mcm of gas shipment to Iraq.

Iran’s Oil Industry Is in Need of $200b in Investments

Iran's Ministry of Petroleum stated that the country's oil industry is in need of $200b in investments in the upstream and downstream sectors as the domestic fund are insufficient.

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