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2017-08-29 18:05:00

IRANIAN OIL EXPORT: 2.6 MBD

IRANIAN OIL EXPORT: 2.6 MBD

IRNAIran has exported an average of more than 2.6 million barrels of oil and gas condensate per day last month (July 23- Aug 22), Minister of Petroleum Bijan Zangeneeh said.

Emphasizing the necessity of observing a production based on maximum efficient recovery, Zangeneh said, the country 'is currently producing over 3.8 million barrels of oil per day but the current amount of production is by no means proportionate to the country's reserves.'

'The optimal production means a production with the maximum recovery rate, that can boost the country's economic, security and political power,' he added.

In Iran's sixth development plan, the oil production capacity is aimed at 4.8m bpd which indicates the capacity of production but the real level of production at the end of the plan will be determined by the quota fixed by the Organization of the Petroleum Exporting Countries (OPEC) as well as other factors that may lower the production level, Zangeneh said.

He added that the current level of Iran oil production is nearly the same as that of the pre-sanction era.

The cut in oil production in some fields, has been balanced, said the minister adding, in one of the oil fields, Karoon-e Gharb (Western Karoon), the production has increased to 280,000 bpd from its previous 70,000 figure.

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Earlier:

 

IRAN, RUSSIA,TURKEY COOPERATION

СОТРУДНИЧЕСТВО ИРАНА, РОССИИ И ТУРЦИИ IRAN, RUSSIA,TURKEY COOPERATION Иран, РФ и Турция подписали соглашение по финансированию нефтегазовых проектов Iran, Russia and Turkey signed agreement on maintaining trilateral cooperation in developing oil and ...
2017-08-16
 

INDIAN - IRANIAN GAS INVESTMENT

INDIAN - IRANIAN GAS INVESTMENT INDIAN - IRANIAN GAS INVESTMENT The Indian consortium led by the state-owned Oil and Natural Gas Corporation (ONGC) is willing to spend as much as $11bn to develop the giant Iranian natural gas field it discovered in 2 ...
2017-07-03
 

TOTAL INVESTMENT TO IRAN

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2017-06-20
 

RUSSIA - IRAN OIL TALKS

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2017-05-31
 

IRANIAN OIL: 3 MBD

IRANIAN OIL: 3 MBD IRANIAN OIL: 3 MBD Iran said that it has plans to increase its crude oil production capacity by 3 million barrels per day. Iran said that it has plans to increase its crude oil production capacity by 3 million barrels per day.
2017-05-12
 

IRANIAN REVENUE: $191 BLN

IRANIAN REVENUE: $191 BLN IRANIAN REVENUE: $191 BLN Managing 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 ...
2017-05-12
 

IRAN'S OIL EXPORT 2.6 MBPD

ЭКСПОРТ НЕФТИ ИЗ ИРАНА: 2.6 MBPD IRANS OIL EXPORT 2.6 MBPD Министр нефти Ирана Бижан Зангане заявил в среду, что Иран в прошлом году экспортировал более 2,6 млн баррелей в сутки и продолжит этот же путь в этом году. Minister of Petroleum Bijan Zangen ...
2017-04-14

 

 

Tags: IRAN, OIL, EXPORT, ИРАН, НЕФТЬ, ЭКСПОРТ

Chronicle:

IRANIAN OIL EXPORT: 2.6 MBD
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

IRANIAN OIL EXPORT: 2.6 MBD
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

IRANIAN OIL EXPORT: 2.6 MBD
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

IRANIAN OIL EXPORT: 2.6 MBD
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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