Iran | Egypt Oil & Gas - Part 77

Iran Oil Contract Law to be Unveiled as Foreign Investors Pour In

Iran’s Minister of Petroleum Bijan Zangeneh announced that his country will introduce its new oil contracts to a London conference planned for December, reported Press TV. “New contracts with foreign companies will be...

Iraq Hit by Blackouts as Iran Bolsters Electricity Supply

Reuters reported that an explosion targeting the Mirsad electrical line in eastern Iraq disrupted the flow of electricity originating in neighbouring Iran, announced the Iraqi electricity ministry. Ministry spokesman ...

Iran and Azerbaijan to Take Advantage of Sanctions Removal

Amir Hossein Zamaninia, Iran’s deputy oil minister for international affairs and trade, announced that his country and the Republic of Azerbaijan plan to expand their cooperation in oil and gas sectors following...

Qatar Between Rival Gas Powers, Iran and US

Qatar’s Foreign Minister Khalid Al Attiyah said on Tuesday that a “serious dialogue” with Iran was called for to solve several outlying challenges in the region, reported Gulf News. “Iran is our neighbor in the region...

Italy’s Eni Heading Back to Iran, with Pre-Conditions

Ali Akbar Farazi, Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) deputy for international affairs, announced that senior executives of Italy’s oil giant, ENI, will arrive in Tehran as part of a ...

India Debt Driving Iran Gas Field Investments

India has discussed ways of repaying $6.5 billion in overdue debt to Iran and development of a major gas field in the Persian Gulf, New Delhi-based media say. A delegation visited Tehran last week to expedite the repa...

EU Court Accepts Iran Gas Companies Appeal over Sanctions List

The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month, a notice from the British finance mi...

China Investing in Iran in Anti-Sanctions Effort

China’s state oil giants are set to start pumping a combined 160,000 b/d at two projects in southwestern Iran from around October, company sources said, contributing to Tehran’s plan to boost output ahead ...

Iran Gas Exports to Turkey Survive Possible Attack

An Iranian gas industry official says Iran will resume exporting gas to Turkey after a short disruption in the gas flow due to a suspected sabotage attack, which hit Iran-Turkey gas pipeline on Turkish soil. Yadollah ...

Explosion Reported from Iran/Turkey Pipeline

Turkey’s energy minister says an explosion on a natural gas pipeline between Iran and Turkey caused a large fire and shut down the flow of gas. Taner Yildiz said Tuesday the explosion was in Agri province, some ...

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