Sitting on 17 percent of world gas reserves, Iran should have no trouble renewing a contract to supply gas to Turkey that expires in 2025. So why are there concerns in Tehran?
A new convoy of tank trailers carrying Iran's diesel crossed the Syrian border into Lebanon, the Al-Mayadin network reported Tuesday night.
Iran Oil Minister Bijan Zangeneh has indicated the heavy US pressure on Iran's sales of oil products, and the effects of sanctions on the country's "gas plans" with Pakistan.
After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international trading and consulting company SBI Markets, told Trend Dec. 4.
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, Reuters reported.
Iran's oil revenues have reached $29 billion in the first nine months of the current Iranian calendar year (started on March 21), according to a top official with the Petroleum Ministry.
Norwegian companies are keen to get involved in Iran's oil and gas projects in the Caspian Sea, especially Sardar-e Jangal oil field, Mohammadali Najafi, the governor of the Iranian province of Gilan announced on May 5.
