Iran’s oil discount to China reaches its highest level in a year

Iran’s oil discount to China reaches its highest level in a year

As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.

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Major repairs of 35 South Pars platforms completed without incident

Major repairs of 35 South Pars platforms completed without incident

Sepahdar Abbaszadeh, Deputy Chief of Operations of Pars Oil and Gas Company, announced the successful completion of major repairs to 35 production platforms in the South Pars Joint Field. The operation was completed with 150,000 man-hours and without incident, and has prepared the company for a stable gas supply during the cold season.
Crescent case referred to Supreme Court

Crescent case referred to Supreme Court

Following Iran's formal objection to the UK Court of Appeal's ruling on the confiscation of the Oil Industry Pension Fund building, the case was referred to the Supreme Court for reconsideration. The disagreement among the judges of the Court of Appeal has paved the way for a review of the ruling and created new hope for a reversal.
2,363 billion cubic meters of gas; South Pars’ 27-year achievement

2,363 billion cubic meters of gas; South Pars’ 27-year achievement

The CEO of the South Pars Gas Complex, coinciding with the 27th anniversary of the company's establishment, announced: "In the past 27 years, more than 2,363 billion cubic meters of natural gas have been sweetened in this complex and delivered to pipelines across the country."