INDICES
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Iran has right to raise oil output: Algeria
EghtesadOnline: Algerian energy minister lent weight to Iran’s bid to regain market share through stepped-up oil production despite objections from Saudi Arabia.
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Iran Says Too Early to Discuss Oil Output Freeze at Algiers
EghtesadOnline: It will be too early for Iran to discuss freezing crude output when the world’s biggest producers meet later this month in Algiers, according to an official from the Persian Gulf nation’s state-oil company.
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New brand of Iranian oil will enter world markets
EghtesadOnline: New brand of Iranian oil will enter world markets by end of this year on March 20, Director of the International Affairs Department of National Iranian Oil Company Mohsen Ghamsari said.
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Rouhani Says ‘Vital’ to Restore Pre-Sanctions Oil Output
EghtesadOnline: Iran’s President said he supports efforts by OPEC to stabilize oil prices, while reiterating that the country must restore production lost during years of sanctions.
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Iran plans to complete new oil export terminal by year-end
EghtesadOnline: Iran expects to complete a pipeline and a terminal to export a new grade of crude by year-end, boosting the country's drive to ramp up oil production to pre-sanctions levels.
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Iran’s current oil output levels isn’t fair: Putin
EghtesadOnline: Russian President Vladimir Putin said he thought it would be fair for Iran to pump as much oil as it was before international sanctions were imposed on it, but said he did not think the current oil price was fair.
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Iran to raise crude output by 4 mln barrels in case of demands
EghtesadOnline: Director of National Iranian Oil Company (NIOC) for International Affairs Mohsen Qamsari said that the country would increase output production to 4 million barrels in case there are demands.
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Iran’s Ready to Pump More as OPEC Faces ‘Prisoner’s Dilemma’
EghtesadOnline: As speculation swirls over whether oil producers will reach a deal to coordinate output and aid a recovery in prices, Iran says it’s ready to pump more.
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Iran restores pre-sanctions quota serving market stability
EghtesadOnline: Deputy Minister of Petroleum for International Affairs and Trading Amir-Hossein Zamaninia said on Saturday that Iran restores pre-sanctions quota serving stability of the oil market.
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Tender soon to be held for drilling 20 more wells in South Azadegan field
EghtesadOnline: Operator of the project for development of South Azaegan oil field Mahmoud Marashi says National Iranian Drilling Company (NIDC) has won the tender for drilling 20 oil wells in South Azadegan field.