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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Transmission of 880 million cubic meters of gas in the country

Transmission of 880 million cubic meters of gas in the country

According to Energy Press, citing the Iranian Gas Transmission Company, Seyyed Mahmoud Hosseini, referring to the complete readiness of the gas transmission facilities, equipment, and fleet, stated: "In the same period last year, 854 million cubic meters of gas were transmitted, which represents a 3 percent increase in the amount of gas transmitted."
70 percent of the country’s gas needs are met from South Pars

70 percent of the country’s gas needs are met from South Pars

The CEO of the National Oil Company's Engineering and Development Company said: "The South Pars field is the largest gas field in the world, with 70 percent of the country's gas and 40 percent of its gasoline supplied from this field, so it is important for Iran."
Increase in gasoline production by 10 million liters in the country

Increase in gasoline production by 10 million liters in the country

The CEO of the Petroleum Products Refining and Distribution Company said: "During the 14th government, 10 million liters were added to the country's quality gasoline production, and oil and gas production also reached 124 million liters in December and January, which has increased by 13 million liters."