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2018-01-05 23:45:00

IRANIAN OIL EXPORTS 2017: 777 MB

IRANIAN OIL EXPORTS 2017: 777 MB

IRNA Iran exported some 777 million barrels of oil to Asian and European destinations in 2017, according to a report by the country's Ministry of Petroleum.

A sum of 68 percent of Iran's nearly 2.130 million bpd of oil exports in 2017 was exported to Asian countries, while the other 38 percent was destined for Europe.

In addition to China and India that are the main importers of Iranian oil, South Korea and Japan are the other Asian countries importing oil from Iran.

Turkey, Italy, Britain, Hungary and the Netherlands are among the European customers of Iranian oil.

Iran also exported some 180 million barrels of gas condensates in 2017.

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Earlier:

 IRAN'S GAS EXPORT: ABOVE 5 BCM
2017, September, 22, 08:45:00

IRAN'S GAS EXPORT: ABOVE 5 BCM

Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.

 

 IRANIAN OIL EXPORT: 2.6 MBD
2017, August, 29, 18:05:00

IRANIAN OIL EXPORT: 2.6 MBD

Iran 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.

 

 IRANIAN OIL: 3 MBD
2017, May, 12, 11:40:00

IRANIAN OIL: 3 MBD

Iran said that it has plans to increase its crude oil production capacity by 3 million barrels per day.

 

 IRANIAN REVENUE: $191 BLN
2017, May, 12, 11:35:00

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 recovery has fetched Iran over 191 billion dollars in revenue.

 

 IRANIAN OIL: $80 BLN
2017, May, 12, 11:30:00

IRANIAN OIL: $80 BLN

Iran plans to strike $80 billion worth of oil contracts over coming two years as the country is set to implement newly-developed IPC contracts, a deputy head of National Iranian Oil Company (NIOC) said

 

 IRAN SUPPORTS CUTTING
2017, April, 19, 17:45:00

IRAN SUPPORTS CUTTING

Iranian Minister of Petroleum Bijan Zangeneh says he believes most members of the Organization of the Petroleum Exporting Countries (OPEC) would endorse extension of the organization's output cut initiative in the upcoming OPEC meeting, adding Iran would also support the cut extension if other members unanimously back it.

 

СОТРУДНИЧЕСТВО ГАЗПРОМА И NIOC
2017, March, 29, 18:45:00

GAZPROM - NIOC COOPERATION

Russian top gas producer Gazprom and National Iranian Oil Company (NIOC) signed a memorandum on cooperation in the gas sphere on Tuesday.

Tags: IRAN, OIL, EXPORTS

Chronicle:

IRANIAN OIL EXPORTS 2017: 777 MB
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

IRANIAN OIL EXPORTS 2017: 777 MB
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

IRANIAN OIL EXPORTS 2017: 777 MB
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

IRANIAN OIL EXPORTS 2017: 777 MB
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

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