Iran signed a deal with France’s Total on Tuesday to develop a major offshore gas field, its first big contract with a Western energy firm since the lifting of sanctions. Total will lead a consortium also including China National Petroleum Corporation and Iran’s Petropars to develop Phase 11 of the ...
Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi said “for the first time in the past one hundred years, Iran has turned into an exporter of petroleum products.” The official noted that all existing capacities in the country’s ports and oil terminals will be devoted ...