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Total Eying Iran's Petrochem Market After Major Gas Deal

EghtesadOnline: Total S.A. could spend up to $2 billion in Iran's petrochemical industry in what would further cement the position of the world's fourth largest oil and gas company in the Iranian economy.
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Publish Date:05/July/2017 | 10:06

Iran, Total to Finalize South Pars Gas Deal on Monday

EghtesadOnline: Iran plans to sign a contract to develop its giant South Pars Gas Field with France's Total on Monday, the first major European energy investment since sanctions against Tehran were lifted over a year ago, an Iranian Oil Ministry official said on Sunday.
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Publish Date:02/July/2017 | 13:49

Eni, NIOC Ink Deal on Studying Iran Oil, Gas Fields

EghtesadOnline: Italian energy giant, Eni and National Iranian Oil Company Tuesday signed a Memorandum of Understanding for studying Kish gas field and 3rd phase of Darquain oil field, as part of the country's effort to racket its production after the removal of sanctions.
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Publish Date:20/June/2017 | 09:33

Iran Says $13b Korean Finance On the Way

EghtesadOnline: Minister of Economic Affairs and Finance has confirmed local media reports of an imminent South Korean $13 billion credit line to support Iranian projects–a measure, which if finalized, will mark the biggest instance of foreign finance for the country since the implementation of the nuclear accord in January 2016.
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Publish Date:17/June/2017 | 05:32

Oil Majors Submit Proposals for Iran South Azadegan Project

EghtesadOnline: Total, Petronas and Inpex Corporation have presented development plans for the South Azadegan Oilfield, leading the line of international energy majors wanting to return to Iran's oil and gas industry after the lifting of economic sanctions last year.
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Publish Date:12/June/2017 | 05:30

Rise in Oil Exports to West

EghtesadOnline: 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.
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Publish Date:11/June/2017 | 07:42

Iran Tanker Co. Looking Closely at VLCC Orders

EghtesadOnline: The National Iranian Tanker Company (NITC) is exploring the potential for placing its first orders for very large crude carriers (VLCCs) since the easing of international sanctions, says managing director Sirous Kianersi.
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Publish Date:06/June/2017 | 11:51

Iran's Maxed-Out Crude Output Eases OPEC Push to Extend Cuts

EghtesadOnline: Iran’s oil industry bounced back from sanctions last year, cranking up output to recover market share from other OPEC producers. Now that its surge has topped out, Iran supports an extension of the group’s cuts to preserve those gains.
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Publish Date:24/May/2017 | 13:23

NITC Expands Tanker Leasing Contracts

EghtesadOnline: The National Iranian Tanker Company has signed more than 70 contracts to lease vessels to international customers since the lifting of international economic sanctions last year, NITC chief Sirous Kianersi said.
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Publish Date:24/May/2017 | 08:51