Iran | Egypt Oil & Gas - Part 61

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 with Azerbaijan’s state oil company SOCAR at the beginning of March, Iranian Oil & Gas reported. Georgian Deput...

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, Reuters reported. Ir...

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, Economic Times reported. The undersea...

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, Trend News Agency reported. According to initial plans, Georgia was to import Iranian g...

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, ABC reported. Iranian Deputy Oil Minister and Managing Director of the National Iranian Oil Company (N...

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, Oil and Gas News reported, following a meeting with oil ministers ...

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, TradeArabia reported. An Iranian delegation will visit Oman soon to discuss the ga...

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 Azeri counterpart Ilham Aliyev, who is on an official visit to Tehran, Iranian Oil Minister, ...

Iran Offers Discounted Prices of Crude to Europe

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

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, the Tasnim News Agency reported. “One of the goals of Iran’s sixt...

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