Trial Version
FA Tuesday, July 17, 2018
Production of oil beyond the output ceiling set by the Organization of the Petroleum Exporting Countries (OPEC) would required an approval of the members.
Iran has fully launched the 6th nationwide gas trunkline (IGAT-6) which bolsters the countrys gas export capacity to Iraq.
“Despite U.S. engineered sanctions against Iranian energy industry, no reduction in oil production has been put in the agenda”, CEO of National Iranian Oil Company stated.
Iran has signed a deal with Pergas Consortium, a group of international oil and gas companies based in London, to develop Irans Karanj oilfield in its southwestern province of Khuzestan, local media reported Thursday.
Climate Action and Energy Commissioner Miguel Arias Cañete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid to protect Irans oil trade following US withdrawal from the nuclear deal.
An Iranian gas official said the country was ready to start supplying natural gas to the housing, commercial and industrial sectors of neighboring Iraq.
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