Tags Iran oil
Tag: Iran oil
Iran’s Oil Minister Bijan Zanganeh says the country’s overall sales of crude oil and condensate will reach as high as $41 billion by the end of the current Iranian calendar year (21 March 2017).
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi says the construction of new nuclear power plants in Bushehr, southern Iran, helps save some two million barrels of oil per year.
Iran’s oil ministry has certified 29 international companies to bid for oil and gas projects in the country under its new format of oil contracts, a report said.
Chairman of Iran’s Expediency Council Ayatollah Akbar Hashemi Rafsanjani says the export of oil products should be increased.
Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.
An Iranian oil official says Iran's first Petroleum Museum will be opened in Abadan, southwest of Iran, by December 20.
Members of Organization of Petroleum Exporting Countries (OPEC) are close to a deal based on which all member states, including Iran, Saudi Arabia, and Iraq are obliged to cut up to 4.5 percent of their oil output.
The deputy head of the National Iranian Oil Company (NIOC) said the country plans to put the development of the South Azadegan oil field out to tender, dismissing reports that the project will be awarded to France’s oil giant Total without its participation in the bid.
Iran’s employment of Chinese contractors, rather than Western firms, for the development of its joint oilfields has been criticized by energy experts, particularly now that Iraq has speeded up its output from the oilfields it shares with Iran.