Operator of the Phase 21 development project of the super giant South Pars Gas Field said production of natural gas from the field will maximize by the weekend.

Iran has not considered a price rise for petrol and gasoil in the next national budget bill, a senior official said.

Italy’s oil giant Eni says it has serious plans to return to Iran’s oil industry in a yet another indication of the growing interest of global energy corporations to approach the country’s post-sanctions business opportunities.

During the president’s trip to khoozestan, three west Karoon Development schemes were formally opened.