Browsing All posts tagged under »private sector«

Iran plans to increase daily oil-gas output by 2015

August 5, 2012

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Iran plans to increase country’s daily oil output by 15,000 barrels, according to the managing director of the National Iranian Central Oilfields Company Mehdi Fakour. Fakour said the development of Sarvestan and Saadatabad oilfields will boost Iran’s total oil output, adding that the country will will start early production at the two oilfields by the […]

“Less profitable for Iran to sell oil via private sector”

August 5, 2012

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It would be less profitable for Iran to sell oil via the private sector, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey believes. “Iran has to sell its oil at a discount, and is only able to sell lower volumes,” Dorsey noted. Yesterday it was revealed that 250 […]

250 private Iranian companies to export crude oil

August 3, 2012

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Some part of Iran’s crude will be exported by 250 private sector companies, head of Iranian Oil, Gas and Petrochemicals Exporters Union Hassan Khosrojerdi said, local newspaper “Iran” reported. Iran plans to establish three consortiums with participation of domestic private companies to evade the Western countries’ sanctions over Iran’s oil export. Khosrojerdi said the first […]