EghtesadOnline: Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian crude, analysts said.
EghtesadOnline: Boosting output of petroleum products is a declared policy of the government and has generated $9 billion from exporting liquid fuels, managing director of National Iranian Gas Company said.
EghetsadOnline: The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said Tuesday.
EghtesadOnline: Some 50% of Iran’s "non-oil" exports actually consist of petroleum-based products and petrochemicals that either directly or indirectly come from the oil industry.
EghtesadOnline: Iran's oil refining capacity has reached 1.95 million barrels per day, indicating a 100% increase over the past four decades.
EghtesadOnline: An estimated 400 million liters of oil and other products are transported daily via pipelines, indicating a 65% rise over the last 40 years, managing director of the Iranian Oil Pipeline and Telecommunications Company Abbas-Ali Jafari-Nasab said.
EghtesadOnline: Crude oil and petroleum products’ swap deals have expired and are not extended yet, managing director of the Iranian Oil Pipeline and Telecommunications Company Abbas-Ali Jafari-Nasab said.