- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Iran’s first Vice President, Es’haq Jahangiri: Iran’s crude exports will reach 1.5 MMbpd by March 2016
Iran’s crude oil exports will reach 1.5 MMbpd next month as Tehran moves to benefit from sanctions relief.
“Today, our oil exports have reached 1.3 MMbpd, which will reach 1.5 MMbpd by March,” Iran’s first Vice President, Es’haq Jahangiri, said few days ago. He added that Iran will be exporting 2 MMbopd in the next Iranian calendar year, which starts on March 21.
Worthy to mention that Iran hosted ministers from Venezuela, Iraq and Qatar to review production levels one day after Saudi Arabia and Russia said they’d keep production at January levels if others do the same. Daniel J Graeber /UPI said that the January freeze will do little to pull markets sharply way from the supply side, so the sudden surge in prices may be a psychological reaction to the meetings in Tehran.
Also, Mehdi Asali, the Iranian envoy to the Organization of Petroleum Exporting Countries OPEC said that asking Iran to hold steady was “illogical.” as sanctions pressures easing in response to July’s nuclear agreement.
