Gulf Oil and Gas accountACCOUNT

Uzbekistan Joins List of Iranís Oil Clients

Source: www.gulfoilandgas.com 10/21/2017, Location: Asia

Iran is studying a request by Uzbekistan to export crude oil to the Central Asian country Ė an announcement that shows the list of Iranian oil clients is expanding as the nation pumps more crude to international markets.

Iranís Petroleum Minister Bijan Zanganeh said that ranking Uzbek oil officials were already discussing imports from Iran with the National Iranian Oil Company (NIOC).

ďUzbekistanís oil production is limited. Therefore, it needs to import this strategic product. Given that Uzbekistan has no access to sea, exports to the country need to be carried out through land and probably by rail,Ē he said after meeting the visiting Uzbek Foreign Minister Abdulaziz Kamilov.

The Iranian minister further emphasized that Tehran still needed to study the technicalities involved in exports of oil to Uzbekistan, stressing that the Iran supports the move as it could help strengthen relations between the countries.

During the years of US-led sanctions, Iranís oil clients were limited to only five nations such as China, India, Japan, South Korea and Turkey. However, the list expanded after the sanctions that had been imposed against the country as a result of disputes over its nuclear energy activities were lifted in 2016.

Iran has been able to regain its lost market share in Europe while at the same time increasing oil exports to Asian clients. New European clients include Italy, Greece, Russia, France, Spain, Romania, Indonesia, Poland and the Netherlands.

Iranís current oil export capacity stands at around 2.6 million barrels per day most of which is shipped to Asia, a quarter to Europe and the rest to certain minor markets.

Oil & Gas Companies News in Iran >>

Russia >>  6/22/2020 - LUKOIL started drilling of an exploration well at the Shirotno-Rakushechnaya prospect structure, located to the north of the V.I. Grayfer field. As th...
India >>  6/19/2020 - KBR (KBR) has signed a memorandum of understanding with L&T Hydrocarbon Engineering Ltd (LTHE) for refinery and petrochemical projects. ...

India >>  6/9/2020 - Adani Green Energy Limited has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). As a ...
Myanmar >>  6/7/2020 - Penspen has been awarded a contract from one of the oil and gas operators in Myanmar, for an offshore natural gas project in Myanmar. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.