Sanctions | Egypt Oil & Gas - Part 6
Iran Needs $20b for South Pars Gas, Refinery Projects
Iran has announced that it needs a $20b investment, paid in $600m monthly installments, to launch the remaining phases of its South Pars Gas Field project in the Bushehr province, in order to be able to complete the ...
EU Expects Nuclear Sanctions on Iran Lifted Soon
The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran's efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedule.
Iran Completes $6b Gas Development Through Local Efforts
Iran has brought two more operations online in its biggest South Pars gas field in Asaluyeh, the Phases 15 and 16, at a total cost of $6b.
Iran to Build Spanish Refinery for Post-Sanction Export Push
Iran is in talks to help build a 200,000 b/d refinery in Spain, as part of Tehran's long-term strategy to maximize its oil market share after the removal of sanctions.
Japanese Buyer Renews Commitments to Iranian Crude
JX Nippon Oil & Energy Corp., a crude oil lifter, has renewed its annual term oil purchase volumes from Tehran for 2016, with the volumes remaining unchanged under the new contract as of January.
Shell to Settle $2.3b Debt with Iran
The National Iranian Oil Company (NIOC) and Royal Dutch Shell have agreed that the Anglo-Dutch company will clear off its debt of $2.3b, outstanding since 2011, once the international sanctions are completely removed.
German Investors Pledge $13b for Iran’s Petchem Projects
Two German companies are seeking to invest $13b in Iran's petrochemical projects in Ian, following the lifting of sanctions.
Iran on Verge of Sanctions Removal, Nuclear Trade with Russia
Iran’s ambition to have sanctions removed in January is "not impossible", according to the International Atomic Energy Agency.
