Middle East Economic Survey
NIOC Exports Second Nowruz Crude Cargo
The National Iranian Oil Company (NIOC) has exported a second cargo of crude oil from Nowruz field, which shares offshore storage facilities with the Soroush field. The two have been producing at only half capacity because of difficulties in marketing the crude and also technical problems in the production facilities. NIOC Director of International Affairs Hojatollah Ghanamifard said on 5...