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2017-01-26 18:55:00

IRAN'S OIL PRODUCTION: 3.9 MBD

IRAN'S OIL PRODUCTION: 3.9 MBD

SHANA - Iranian Minister of Petroleum Bijan Zangeneh says Iran's crude oil output is at 3.9 million barrels per day.

Speaking on the sidelines of a government cabinet meeting on Wednesday, the official said Iran is now pumping 3.9 million barrels of oil per day.

He said a heads of agreement (HoA) has been signed between the National Iranian Oil Company (NIOC) and a consortium comprising Total, the CNPC and Petropars companies for developing phase 11 of the supergiant South Pars Gas Field.

He said another HoA has been signed with Persian Oil and Gas Company for developing Yaran, Maroon and Koupal fields.

The official also said that a tender will be held presently for development of Azadegan Oilfield.

Zangeneh denied Iran having stored crude oil in floating tankers, saying only gas condensate has been stored on water which will be sold by the calendar yearend.

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Earlier: 

IRAN - INDIA IMPORTS UP 

OPEC: IMPORTANT DECISION 

IRAN - INDONESIA AGREEMENT 

IRAN'S OIL DOWN 8% 

IRAN'S OIL BENEFITS: 3.9 MBD

 

 

Tags: IRAN, OIL, PRODUCTION

Chronicle:

IRAN'S OIL PRODUCTION: 3.9 MBD
November, 20, 09:05:00

INDIA'S GAS WILL UP

REUTERS - India’s natural gas consumption is expected to rise to 70 billion cubic metres (bcm) by 2022 and 100 bcm by 2030, according to a government think tank and the Oxford Institute of Energy Studies, up from 50 bcm now. India burns just 7 percent of what top user the United States consumes in a year with about a quarter of India’s population.

IRAN'S OIL PRODUCTION: 3.9 MBD
November, 20, 09:00:00

NORWAY SELLS OIL & GAS

Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.

IRAN'S OIL PRODUCTION: 3.9 MBD
November, 20, 08:55:00

OIL PRICES UP

WSJ - Light, sweet crude for December delivery rose $1.41, or 2.6%, to $56.55 a barrel on the New York Mercantile Exchange, snapping a three-session losing streak. Brent, the global benchmark, advanced $1.36, or 2.2%, to $62.72 a barrel.

IRAN'S OIL PRODUCTION: 3.9 MBD
November, 20, 08:50:00

U.S. RIGS UP 8 TO 915

U.S. Rig Count is up 327 rigs from last year's count of 588, with oil rigs up 267, gas rigs up 61, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 24 rigs from last year's count of 184, with oil rigs up 9 and gas rigs up 15.

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