Tehran | Egypt Oil & Gas

Iran to Stand Against US Sanctions: Oil Minister

Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions, Reuters reported. Iran would...

MENA Oil Exports to South Korea Increased

Oil shipments from Saudi Arabia to South Korea rose by 10.9% to reach 3.52m tons per month, or around 831,4b/d, during March compared to 2016, Reuters informed. However, South Korea’s imports of Saudi crude oil decrea...

Iran’s Oil Exports to Decline by 7.5%

Iran’s crude oil exports are set to decline up to 7.5% in November to a four-month low, as the seasonal demand is low in Europe, Gulf News reported. Iran’s oil exports typically hit a low around October or...

Iran, Poland Signed MoU

The National Iranian Oil Company (NIOC) and Polish state owned PGNiG, signed a memorandum of understanding (MoU), accordingly PGNiG will conduct primary studies on Iran’s Sumar oil field in the Iranian western provinc...

Blast Damaged Iran-Turkey Gas Pipeline

National Iranian Gas Company’s (NIGC) spokespersons, Majid Bojarzadeh, said that Ankara had informed Tehran of a problem in the pipeline that carries Iranian gas to Turkey. This has resulted in a halt in gas sup...

Japan to Import Iranian Oil

Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016, Reuters reported. Conservative Japanese firms have so far held off taking Iran...

Iran to Export up to 3mcm/d of Gas to Armenia

Iranian oil minister, Bijan Namdar Zanganeh, said Iran will build up its natural gas supply to Armenia from 1mcm/d to 3mcm in the next few years, and will make gas supplies to Georgia through Armenian territory, Arka ...

Iran to Boost Crude Exports to India

Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan, wrote the E...

Iran’s Oil Exports Surpass 2mb/d

Iran’s oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said, as Press TV reported, citing figures released by Bloomberg. According to the released data, Iran’s ov...

Iran Seeking $2.5b Investment in Oil Tankers Modernization

Iran is seeking $2.5b investment to modernize its oil tankers fleet following the lifting of sanctions against Tehran, National Iranian Tanker Company (NITC) stated, according to Reuters. “To expand Iran’s...

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