Sanctions | Egypt Oil & Gas - Part 11
Norwegian Firm Eager to Boost Iranian Recovery Rates
“Iran offers interesting opportunities at such time as international sanctions are removed,” announced Norwegian oil firm DNO, adding that it was ” uniquely well placed as it operates oil and gas pro...
Iran to Receive More Nuclear Fuels from Russia
TVEL, a subsidiary of Russia’s state-run nuclear energy company Rosatom, says it will deliver fresh nuclear fuel to Iran’s Bushehr power plant by the end of this month, reported Press TV. This is scheduled for Septemb...
Contradictory Accounts of Japan’s Race to Invest in Iran
Japan’s daily Nikkei was quoted by Press TV as saying that “Japan is eager to restore amicable relations with Iran and secure stakes in resource development projects there”. Toyo Engineering, which had built ref...
Iran to Sell its Flared Associated Gas to French Company
Iran’s Minister of Petroleum Bijan Zangeneh announced on Iranian TV that an unnamed French company wanted to buy associated gas from the offshore Forouzan platform, to be converted into LNG afterwards, reported ...
Iran Mulling Tempo of Long Awaited Return to Global Oil Marke
A World Bank report warned that the lifting of Iran sanctions would add about a million barrels of oil a day and so depress oil prices by a further $10 per barrel next year, said Trade Arabia. These conclusions came i...
Japan Gravitating Back to Long-Neglected Iran Investments
“We had useful talks with Japan’s State Minister of Economy, Trade and Industry [Daishiro Yamagiwa] as well as CEOs of Japanese companies,” announced Iran’s Oil Minister Bijan Zangeneh after a meeting with a visiting ...
US Treasury Adds Russian Gazprom field to Sanctions List
The US Treasury Department added a field operated by Gazprom to its list of targeted economic sanctions, reported the Sofia News Agency. The field, known as the Yuzhno-Kirinskoye oil and gas field in the Sea of Okhots...
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...
