Sanctions | Egypt Oil & Gas - Part 14
Sanctions Backlog Holding Back Iran-India Petroleum Cooperation
India owes Iran $8.8 billion which is blocked in a bank account under the US-led sanctions regime, Government spokesman Mohammad Baqer Nobakht has said.
Iran Welcomes Royal Dutch Shell’s Return Overtures
Managing Director of Iran’s Pars Oil Company says oil giant Shell has voiced interest to resume activities in the country’s energy sector.
Iran and US Trade Claims Over Oil Contracts, Meetings Claims
The US State Department says it cannot confirm a report that an American oil delegation plans to visit Tehran within the next few days to discuss business.
South Africa Eyeing Iranian Energy Sector, Fuel Exports
An Iranian Petroleum Ministry official says South Africa seeks to ink memorandums of understanding (MoUs) with the Islamic Republic in different energy sectors.
Iran Facing Gas Crunch thanks to ‘Wasteful’ Domestic Consumption
Iranian officials have issued fresh warnings over the rising consumption of natural gas in the country.
Iran Charts Oil and Gas Priorities for Post-Sanction Era
The National Iranian Oil Company (NIOC) announced in a statement on Sunday that it has defined 21 top priority oil sector projects.
‘Floating’ Format for Iran’s New Post-Sanction Petroleum Contracts
Iran said on Saturday that the terms of its new format of oil contracts – that will be unveiled in London in September – will vary according to the structure of the reservoirs and the risk involved in implementing th ...
IOCs Must Pay Iran Debts Once Sanctions are Removed, Official
International oil companies’ pending debts to Iran stand around $18 billion, with British, Korean, Indian and Greek processors owing much of the sum, an official says.
