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2017-05-12 11:35:00

IRANIAN REVENUE: $191 BLN

IRANIAN REVENUE: $191 BLN

IRAN SOUTH PARS FIELD MAP

SHANAManaging Director of the National Iranian Oil Company (NIOC) Ali Kardor said Iran has so far recovered 1,060 billion cubic meters of natural gas from the supergiant South Pars Gas Field, adding the recovery has fetched Iran over 191 billion dollars in revenue.

Addressing a ceremony to inaugurate 6 development phases of the gas field on Sunday, the official said Qatar has recovered 1,771 billion cubic meters of gas from the field in its own territories.

He expressed hope that launching new development projects at the field will bring Iran's revenues from it close to that of Qatar.

Mr. Kardor said Iran's recovery of gas from the field has nearly doubled from 2013, beginning of President Rouhani's first term.

In the year Iran produced 285 mcm/d while it is now recovering 570mcm/d, he added.

Iran pumped out 155 bcm of gas from the field last Iranian calendar year which ended on March 20, setting a new record in production from the field.

Iran has so far invested 71 billion dollars for developing the gas field of which $19b has been procured by domestic investors and the rest were supplied by dipping into the National Development Fund of Iran (NDFI), banks, bonds, etc. he added.

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Earlier: 

IRAN SUPPORTS CUTTING 

IRAN'S OIL EXPORT 2.6 MBPD 

IRANIAN OIL TO INDIA: 540 TBD 

IRAN, RUSSIA STRATEGIC PARTNERSHIP 

IRAN & VENEZUELA: STRATEGIC PARTNERS

Tags: IRAN, OIL

Chronicle:

IRANIAN REVENUE: $191 BLN
2017, December, 11, 09:55:00

SAUDIS OIL FOR JAPAN

REUTERS - State oil company Saudi Aramco last week raised prices for all crude oil grades to Asia in January.

IRANIAN REVENUE: $191 BLN
2017, December, 11, 09:50:00

U.S. EMPLOYMENT UP BY 228,000

U.S. BLS - Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care.

IRANIAN REVENUE: $191 BLN
2017, December, 11, 09:45:00

ДОХОДЫ РОССИИ: +204,8 МЛРД. РУБ.

Отклонение нефтегазовых доходов федерального бюджета от месячной оценки, соответствующей Федеральному закону о федеральном бюджете на 2017-2019 годы, в декабре 2017 года прогнозируется в размере +204,8 млрд руб.

IRANIAN REVENUE: $191 BLN
2017, December, 11, 09:40:00

OPEC WILL BACK BY 2040

“Tight oil supplies are the wild card. They have reshaped the global outlook in recent years,” observed Ayed S. Al-Qahtani, who directs the research division at the OPEC Secretariat in Vienna. “US tight oil supplies will be the most important contributor but are expected to reach their peak around 2025.”

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