Iran is making rapid forays into the European crude oil market and selling its parcels to countries such as France, Italy, Greece and Spain, UK-based global shipping consultancy, VesselsValue said. “Following the removal of sanctions, new players have emerged in the mix,” VesselsValue said in a report. Iran’s crude oil shipments have been delivered to…
Indonesia says it plans to buy 1 million barrels of crude oil from Iran in the first quarter of the next year. Dwi Soetjipto, the chief executive officer of the state-owned Pertamina oil and gas corporation, was quoted by media as saying that that the projected imports from Iran would be provided to the Cilacap…
An IOOC official said volume of Iran’s crude oil production capacity in the Persian Gulf has risen by 10 thousand barrels. Describing new plans to boost crude output in the Persian Gulf, Technical Director of Iranian Offshore Oil Company (IOOC) Manoochehr Davoodi said given the overhaul of a number of offshore wells in Ilam platform…
An NIOC official has announced that approximately 62 per cent of Iran’s crude oil exports are delivered to Asian states. Seyyed Mohsen Ghamsari, Executive Director for International Affairs at National Iranian Oil Company (NIOC), made the remarks adding “presently, the average volume of oil exports to Asian countries stands at more than 600 thousand barrels…
