TEHRAN, Jan. 24 (MNA) – Iran’s export of oil to India’s leading refiner “Essar Oil” doubled in Dec. 2017. Given the above issue, Iran exported more than 139,000 barrels of oil per day (BPD) to India in the same period, the report added. According to Vessels’ Tracking Information Center, Indian Essar Oil’s privately-funded Refinery imported […]

TEHRAN, Nov. 12 (MNA) – Iran’s light crude oil price increased by 2 dollars and exceeded $60 per barrel in the week leading to November 3. The prices of Iranian light crude oil rose by $2.59 and reached $60.04 per barrel in the week leading to November 3, while the average price for light crude […]

TEHRAN, Sep. 17 (MNA) – Prices for light crude of Iran climbed by more than one dollar to be traded at 53 dollars per barrel in the week leading to September 08. As reported by the Iranian Ministry of Petroleum, in the seven days leading to September 08, Iran’s light crude prices grew by $1.48 […]

TEHRAN, Aug. 29 (MNA) – SPGC managing director said a total of one thousand billion cubic meters of sour gas have been recovered from South Pars platforms since the first day of operation. Masoud Hassani, Managing Director of South Pars Gas Complex (SPGC) said, since inauguration, refineries located at South Pars field have injected 900 […]

TEHRAN, Aug. 08 (MNA) – In the near future and in line with further development, petrochemical industry of Iran will attract five billion dollars of foreign investment from three European companies. Director for Investment of National Petrochemical Company (NPC) Hossein Alimorad made the remarks highlighting that Return on Investment (ROI) in the Iranian industry was […]

TEHRAN, Aug. 07 (MNA) – An SPGC official said Phases 15 and 16 of South Pars joint field produce over 50 million cubic meters of sweet gas per day. “The refinery has an output capacity of 75 thousand gas condensate barrels per day which can supply feed to domestic refineries or be used for export […]