Iran | Egypt Oil & Gas - Part 60

Iran Determined to Settle $6b Oil Dues with India

Iran is sending its Central Bank Vice Governor, Gholamali Kamyab, to India this month in order to re-claim nearly $6b in past oil dues from Indian refiners such as Essar Oil, Mangalore Refinery and Petrochemicals Ltd ...

Georgia Sees No Need for Iranian Gas after Azeri Deal

Georgia will not import gas from Iran after having signed agreements for increased gas supplies from Azerbaijan's state oil company SOCAR at the beginning of March.

South Korea Plans to Boost Iranian Oil Imports

South Korea plans to boost imports of Iranian oil, in particular condensate, which is a super light oil that can be processed into fuels and petrochemicals, to meet country's growing demand.

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 ...

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