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Iran Selects 49 Oil, Gas Projects Open For Foreign Investment
...id at the Energy Security Summit 2015 in Berlin this week: “Iran cannot have the third or fourth largest oil reserves and export as much as [mid-sized producer] Azerbaijan.” With crude production and export levels at just 75% and 40% of what they were in 2011, before the latest round of US and EU-le...
Volume: 58Issue: 19Published at Fri, 08 May 2015 -
Zanganeh: six months for full Iran return to markets
...5mn b/d in 2011, before the latest round of US and EU-led sanctions on Iranian oil sales came into effect (see below). Regardless of how long this return takes however, Iran says Asia will continue to be its main target market, as is the case today, under sanctions. “Don’t worry about our oil st...
Volume: 58Issue: 19Published at Fri, 08 May 2015 -
Iraq, KRG Oil Export Deal Holds Despite Discrepancies
...0,000 b/d gives total Iraqi exports from Ceyhan of just over 514,000 b/d for April, the highest since June 2011. Of the 562,633 b/d that the KRG says it shipped to Ceyhan in April, 415,246 b/d came from “KRG-operated fields,” whilst 147,387 b/d came from “NOC operated fields.” The former includes both fi...
Volume: 58Issue: 19Published at Fri, 08 May 2015