Iran | Egypt Oil & Gas - Part 72
Iraq’s Planned Export Push Depends on Basra Crude
According to Reuters Iraq is aiming to export a record volume of Basra crude from its southern terminals in October during the current price war being fought between Saudi Arabia, Kuwait, and Iran.
Iran Hopes to Stabilize Oil Prices in Face-Off with Saudi
According to Gulf News, Iran has projected average oil prices at $42 to $50 per barrel in a draft budget bill for the year to March 2017.
Iran Breaks Diesel Export Barrier, Draws in European Banks
Iran, for the first time, has become a net exporter of gas oil, said Nasser Sajjadi the managing director of Iran's national oil distribution company (NIOPDC)
Iran to Receive Overdue Debts from Indian Refiners
Indian refiners are preparing to deposit $700m with the United Commercial Bank to transfer the first installment of oil payments owed to Iran,
Iran to Pursue EOR Contracts Internationally
Press TV quoted Mohammad Keramati, the head of the Iranian Research Institute of Petroleum Industry, as saying that more than 490b barrels of Iran’s oil reserves are not recoverable without the right technologies.
Iran Waiting for Mexico and Venezuela to Make OPEC Price Moves
Mexico is willing to work with OPEC if the group tries to stabilize crude markets amid a global supply glut and slide in prices, Iran’s Oil Minister Bijan Namdar Zanganeh said
Austria’s OMV Bringing IOR/EOR Technology to Iran
Austrian President Heinz Fischer arrived in Tehran on Monday at the head of leading business delegates to review potential trade relations with the Islamic republic
Spain Capitalizes on Cheap Energy, Eager for Iranian Crude
Iran announced its readiness to export crude to Spain
