Iran | Egypt Oil & Gas - Part 94
Japan After Iran Gas in Bid for Energy Security
A Japanese delegation is in Iran to discuss possible gas imports through pipeline or in the form of LNG, the Fars news agency says. The visit follows recent calls by Prime Minister Shinzo Abe to look for new sources o...
Khamenei Lashes Out at Sanctions, Threatens Export Response
Iran’s Ayatollah Ali Khamenei warned that the OPEC member will stop exporting oil and natural gas if international sanctions against it stay in place, the official IRNA news agency reported, citing a speech he made in...
Rouhani Authorized to Raise Gasoline Prices
The Iranian parliament (Majlis) has approved a five-percent increase in fuel prices for the next fiscal year starting March 21, amid falling oil prices. The Iranian lawmakers voted in favor of fuel price hike during d...
Iran in Search of Petrochemical Financing
Tens of petrochemical projects in Iran are waiting for finance, a deputy head of the National Petrochemical Company (NPC) says, calling for government’s help. Hassan Peyvandi said the NPC has suggested to the governme...
Iran Majlis Tries to Cut Oil Ministry Budget to $3 billion
The Iranian oil ministry won’t be able to pay staff or invest in boosting production if parliament proceeds with a plan to slash funding, according to Oil Minister Bijan Namdar Zanganeh. “The oil industry’s situation ...
Iran Plans Three New Pipelines to Increase Natural Gas Transfer Capacity
Iran plans to increase its natural gas transfer capacity by 300 mcm by constructing new gas pipelines. According to an official with National Iranian Gas Company, three nationwide pipeline projects will start next Ira...
Iraq, Iran Emulate Saudi Arabia in Asian Markets
Iraq and Iran cut their prices for March crude oil deliveries to Asia to the lowest in more than a decade, signalling the battle for a share of Opec’s largest market is intensifying. Iraq’s Basrah Light crude will sel...
Iran: Caspian Oil Swap Scheme on Table Again
Iran says it has received new requests from its northern neighbors to revive a strategic crude oil swap scheme that was abandoned more than five years ago. This has been announced by Rabi Fallah Jelodar, the governor ...
