National Iranian Oil Company | Egypt Oil & Gas

Iran-Owned UK Gas Field to Continue Operations

The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator.

Iran To Sell Oil to Asia at Discount

Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.

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