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C.Asia

C.Asia
2016, August, 31, 18:55:00

IRAQ SUPPORTS PRICES

“We support freezing oil production by OPEC due to the sharp decline of oil prices,” Mr. Abadi said at a news conference, saying it would help government-salaried oil-industry workers.

C.Asia
2016, August, 25, 18:40:00

IRANIAN POSITIVE SIGNALS

"We have held conversations on strengthening our position in oil markets," Iran's Foreign Minister Mohammad Javad Zarif said through an interpreter after a meeting with Ecuador's President Rafael Correa. Zarif added that the two countries have agreed to continue talks within the framework of OPEC, without providing further details. Ecuador Foreign Minister Guillaume Long said they discussed establishing a common position with regards to strengthening oil prices.

C.Asia
2016, August, 24, 18:45:00

IRAQ WANTS MORE

Iraq, which depends on oil sales for 95 percent of its public spending, appears set to continue boosting production, which currently stands at around 4.6 million barrels per day.

C.Asia
2016, August, 24, 18:40:00

IRAN MIGHT COOPERATE

Iran sent a letter to members of the Organization of the Petroleum Exporting Countries saying it would attend the group’s informal talks in Algeria in September, OPEC delegates told The Wall Street Journal. An Iranian oil-ministry press official couldn’t confirm the letter had been sent late Tuesday.

C.Asia
2016, August, 18, 18:30:00

IRAN & INDONESIA AGREEMENT

Indonesia's Pertamina has signed a deal with Petrochemical Commercial Company (PCC) of Iran for the import of refined petroleum and petrochemical products.

C.Asia
2016, August, 15, 18:45:00

TURKEY WANTS IRANIAN GAS

Turkey wants to buy more natural gas from Iran and has discussed pricing issues, Foreign Minister Mevlut Cavusoglu said on Friday, adding that Ankara and Tehran should resolve a dispute on gas prices without arbitration.

C.Asia
2016, August, 12, 18:35:00

IRAQ RESTART INVESTMENT

As a result of the investment, Iraq's crude output should increase by 250,000-350,000 barrels per day next year, the Iraqi officials said. The country now produces about 4.6 million bpd, most of it from the southern region.

C.Asia
2016, August, 11, 18:35:00

SAUDI - IRAN COMPETITION

Saudi Arabia, the world’s largest crude exporter, told OPEC that it boosted oil output to a record 10.67 million barrels a day in July, two people with knowledge of the data said. Iran’s output is up to 3.85 million barrels a day, Fars news agency reported, citing Oil Minister Bijan Namdar Zanganeh.

C.Asia
2016, August, 11, 18:30:00

IRAN NEED $50 BLN

The government hopes foreign companies will invest as much as $50 billion a year in Iran’s oil industry. Major European oil companies such as Italy’s Eni SpA and France’s Total SA have expressed an interest in developing Iran’s oil and gas fields.

C.Asia
2016, August, 9, 18:45:00

IRAQI OIL: 4.6 MBPD

The OPEC member pumped 4.632mn barrels of crude oil per day in July compared with 4.559mn bpd in June, state-run Oil Marketing Company (SOMO) said in a recent statement.

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