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2016-08-04 19:00:00

NEW IRAN'S CONDITIONS

NEW IRAN'S CONDITIONS

According to SHANA, the government cabinet endorsed the general terms and structure of the new oil deal contract framework on Wednesday.

Cabinet ministers ratified a draft on general conditions, structure and models of upstream oil and gas contracts in a meeting headed by President Hassan Rouhani.

During the meeting, the ways for 'supervising the signing process of oil contracts' were also discussed.

The new framework will be deliberated over by the Parliament for final endorsement.

Iran is introducing a new contract framework for its energy deals to sweeten them for foreign financiers.

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Earlier: 

РОССИЯ - ИРАН: БОЛЕЕ 70 ПРОЕКТОВ 

IRAN NEEDS MONEY 

IRAN HAS REGAINED 80% 

IRANIAN OIL TO JAPAN: UP 61.2%

IRAN GROWS FASTER

 

 

 

 

 

Tags: IRAN, OIL, GAS

Chronicle:

NEW IRAN'S CONDITIONS
2018, June, 22, 13:10:00

THE LARGEST VENEZUELA'S OIL

U.S. EIA - Venezuela holds the largest oil reserves in the world, in large part because of the heavy oil reserves in the Orinoco Oil Basin. In addition to oil reserves, Venezuela has sizeable natural gas reserves, although the development of natural gas lags significantly behind that of oil. However, in the wake of political and economic instability in the country, crude oil production has dramatically decreased, reaching a multi-decades low in mid-2018.

NEW IRAN'S CONDITIONS
2018, June, 22, 13:05:00

U.S. DEFICIT UP FROM $116.1 BLN TO $124.1 BLN

U.S. BEA - The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.

NEW IRAN'S CONDITIONS
2018, June, 22, 13:00:00

EUROPE'S NUCLEAR INVESTMENT : €50 BLN

WNN - There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communication on the Nuclear Illustrative Program (PINC) published last year, the European Commission expects nuclear to maintain its significant role in Europe's energy mix up to 2050. This would require investment of some EUR40-50 billion (USD46-58 billion) in nuclear LTO by 2050.

NEW IRAN'S CONDITIONS
2018, June, 20, 13:15:00

OIL PRICE: ABOVE $75

REUTERS - Benchmark Brent crude LCOc1 was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude CLc1 was 50 cents higher at $65.57.

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