IOTC

News Agency Archive - 29 August 2017

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[2024]

Iran may start oil supplies to Russia within month

Moscow and Tehran may shortly agree upon conditions for sale of 100,000 oil barrels per day, according to the Russian energy minister
Aug 29, 2017 11:07

Crude export to India rises

Iran shipped 502 thousand barrels of crude oil to state and private companies in India.
Aug 29, 2017 11:07

23% increase in Asian imports of Iranian oil

The four biggest buyers of Iranian crude oil in Asia increased their imports in April by nearly 23% from a year earlier, Reuters reports.
Aug 29, 2017 11:07

Kharg Terminal dispatches 780mn crude barrels in one year

IOTC operation director said approximately 780 million barrels of crude oil were deployed to international markets through Kharg Oil Terminal last year.
Aug 29, 2017 11:07

Crude exports exceed 3mn bpd

Iran’s export of crude oil and gas condensates rose to over 3 million barrels per day last Iranian month
Aug 29, 2017 11:07

Time needed for oil swap resumption in north oil terminal

Minister of Petroleum Bijan Zangeneh says resumption of oil swap in north oil terminal in Mazandaran will take time, depending on other parties' cooperation.
Aug 29, 2017 10:50

Iran ready for swapping 0.5 m barrels of oil a day: Official

Iran is ready to transfer 500,000 barrels of oil from the Caspian Sea countries per day in the form of swap deals, an official in Iran's oil sector said.
Aug 29, 2017 10:50

Minister predicts signature of 10 new oil contracts

He explained according to the negotiations with the other sides, it is predicted that around 10 contracts will be convened until the end of this year.
Aug 29, 2017 10:50

Iran to sign 10 new oil contracts: oil Min.

Serious negotiations to sign 10 new contracts have started, broke the news Iranian Oil Minister Bijan Zanganeh on Monday, according to the news department of Iran’s national radio.
Aug 29, 2017 10:50

Iran, Indonesia to boost economic ties

Indonesian ambassador to Iran said trade turnover between Tehran and Jakarta, which stood at $338 million in 2016, could rise to a total 600 million dollars by the end of 2017.
Aug 29, 2017 10:50

Iran to construct Phase 2 of BIPC

Oil Minister Zanganeh reported on plans to build the second phase of Bandar Imam Petrochemical Complex (BIPC) situated in Khuzestan province.
Aug 29, 2017 10:50

Reappointed oil min. delineates plans for new term

Bijan Zanganeh said priorities of Petroleum Ministry included signing major oil contracts, attracting foreign investment and technology to joint fields as well as boosting recovery factor.
Aug 29, 2017 10:50

Iran oil export to Turkey doubles

Iranian oil export to Turkey increased more than two times to 211,101 barrels per day during the first quarter of 2017 compared to the same period last year.
Aug 29, 2017 10:49

Iran raises oil exports to West, almost on par with Asia

Iran's oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016 and almost caught up with volumes exported to Asia, a source familiar with Iranian oil exports said.
Aug 29, 2017 10:49

Iran’s oil exports to China to rise

Iran’s oil exports to China may rise to the highest in 11 months in August as demand for heavier Iranian crude increased after the country cut its prices, two sources with knowledge of the matter said.
Aug 29, 2017 10:49

Iran, Turkey, Russia sign oil investment deal

Iran's Ghadir investment company, Russia's Zarubezhneft oil and gas intermediary and Turkey's Unit International have signed an agreement on joint investments in oil and gas fields' development projects, following a meeting in Moscow, Sputnik reported.
Aug 29, 2017 10:49

Iran rises oil output in July: OPEC

According to OPEC’s latest monthly report, Iran’s oil output stood at 3.824 million barrels per day (bpd) in July, an increase of 7,000 bpd from 3.817 million bpd in June, based on secondary sources.
Aug 29, 2017 10:49

Iran’s crude oil exports to India increase

Iran says its exports of crude oil to India have increased by 16 percent over the past month in what the country says is a fresh sign that speculations over the decline of exports to one of its largest Asian buyers are inaccurate.
Aug 29, 2017 10:49

Iran’s crude oil exports to India increase

Iran says its exports of crude oil to India have increased by 16 percent over the past month in what the country says is a fresh sign that speculations over the decline of exports to one of its largest Asian buyers are inaccurate.
Aug 29, 2017 10:49

S.Korea's July Iranian crude oil imports jump 27 pct

South Korea's crude oil imports from Iran rose 26.5 percent in July from a year ago, driven by Seoul's strong appetite for competitively priced Iranian light oil as Tehran looks to boost market share, Reuters reported.
Aug 29, 2017 10:49

Iran may start oil supplies to Russia within month

Russian energy minister Alexander Novak announced that Iran can start deliveries to Russia under the "oil-for-goods" program within the next month, TASS reported.
Aug 29, 2017 10:49

Iran exports 24mn barrels of gas condensate

Iran deployed nearly 24 million barrels of gas condensate to Asian and European countries.
Aug 29, 2017 10:49

Iran owns world’s largest tanker fleet

while noting that Iran possessed the largest tanker fleet in the world, expounded on plans to renovate and expand the existing squadron.
Aug 29, 2017 10:49

Exports to Somalia up by 38%

Iran’s Trade Promotion Organization announced that volume of Iran’s exports to Somali had risen by 38 per cent in the previous Iranian year
Aug 29, 2017 10:49

Export capacity reaches 8mn bpd at Iran’s largest oil terminal

IOTCO head said preparation of nine docks at Kharg oil terminal have increased its export capacity to approximately eight million barrels per day.
Aug 29, 2017 10:49

OPEC in dilemma of market share, crude prices

Recent oil market developments could justify presence of shale oil as an alarm for OPEC members though what decision to take is yet open to debate.
Aug 29, 2017 10:48

Belarus receives 1st cargo of Iranian oil

Belarusian Company of Beloil Polska received a cargo of 600,000 barrels of Iranian crude oil at the port of Odessa in southern Ukraine.
Aug 29, 2017 10:48

Crude exports to Europe to reach 800k bpd

Deputy oil minister said volume of Iran’s crude exports will climb from the current 500 thousand to 800 thousand barrels per day within two months.
Aug 29, 2017 10:48

Iran regaining OPEC’s market share

The recent reports indicate that the Islamic Republic of Iran has already been able to escalate its oil exports to levels that existed before sanctions were imposed on the country in 2011
Aug 29, 2017 10:48
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