Current News & Reports

Iran BIPC in talks with banks to fund the olefins project Iran BIPC in talks with banks to fund the olefins project
16 February, 2019
... managing director of Bandar-e-Imam Petrochemical Co. (BIPC), referred to the tender held for the olefins unit of this complex, with an investment of about $ 550 Mln ...
Iran Ilam Petchem hydrogen unit launched Iran Ilam Petchem hydrogen unit launched
16 February, 2019
The hydrogen production unit of Ilam Petrochemical Complex got on stream by domestic experts, and the hydrogen produced at this complex is transferred to high density polyethylene ...
Iran 1st condensate offering fails to attract buyer at IRENEX Iran 1st condensate offering fails to attract buyer at IRENEX
16 February, 2019
Offering the first gas condensate offering at Iran Energy Exchange (IRENEX) failed to attract any buyers, reported the Fars News agency ...
Turkey ready to set up own SPV for Iran: Erdogan Turkey ready to set up own SPV for Iran: Erdogan
16 February, 2019
Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their ...
Iran March crude oil OSPs up for Asia Iran March crude oil OSPs up for Asia
13 February, 2019
National Iranian Oil Co. (NIOC) has increased its official selling prices (OSP) of Iranian light, heavy and Forouzan Blend crude oil for Asian market for March 2019 ...
Iran crude output as reported by OPEC (Jan-update) Iran crude output as reported by OPEC (Jan-update)
13 February, 2019
According to secondary sources, total OPEC-14 preliminary crude oil production averaged 30.81 Mln bpd in January 2019, a decrease of 797,000 bpd over the previous month ...
Iran main oil products’ production/consumption rates Iran main oil products’ production/consumption rates
13 February, 2019
Mojtaba Delbari Director of Supply & Distribution Dept. at National Iranian Oil Products Distribution Co. (NIOPDC) stated: “Since the beginning of this (Iranian) year (started 21st of March 2018), an average amount ...

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Recently Updated Local Tenders

ASD Vessel
Deadline: 02 March, 2019
Notice Date: 16 February, 2019
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Notice Date: 16 February, 2019
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