Pars Today
A senior Iranian official has called on Japan to move faster on rolling out a credit package worth $10 billion for investment in Iran.
The latest market figures show that Iran’s exports of crude oil have already reached the highest levels in more than four years.
Iran says it is putting the final touches on a preliminary list of foreign companies that it says are eligible to participate in its upcoming tenders to develop its oil and gas fields.
Indian refiners have started to settle the rest of their outstanding oil dues to Iran via State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH), a report said.
More indications have appeared that show Iran has been able to increase its oil exports at a much faster pace than earlier anticipated.
A top Iranian oil official said on Friday that sanctions on Iranian shipping lines have been completely removed, adding that Iranian tankers presently have no problem to travel to ports around the world.
The International Energy Agency (IEA) announced on Thursday that Iran’s oil production has risen faster than expected, reaching levels not seen since before the Western sanctions against the country were tightened in 2011.
Minister of Petroleum Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.
Iran said on Friday that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market.
Iran on Friday indicated that it has no immediate plans to launch a fresh rise in its oil exports from the current level of around 2.2 million barrels per day.