Tag Archives | Karoun

IOTC Plans to Export West Karoun Oil

The Iran Oil Terminals Company (IOTC) is preparing infrastructure to export oil produced from fields in the West Karoun area in western Iran, the IOTC chief said. “The company has received a plan to export West Karoun crude oil and this operation is set to start after preparing such infrastructure as Genaveh-Kharg pipeline and an […]

German Chemical Firms First to Fund Projects in Iran

The head of Iran’s National Petrochemical Company (NPC) said two leading chemical companies from Germany have signaled their readiness to spend between 8 and 4 billion euros for development of petrochemical projects to make Germany the first post-sanctions partner of the sector in Iran. Abbas Shari-Moqaddam said the two firms are yet to finalize the […]