Iran Review 2016

India is engaging Iran not only for hydrocarbon supplies but also for access to a strategic port...






Besides plans to increase its oil production capacity to 4.8 mbpd, Iran has earmarked midstream gas projects worth billions of dollars for private sector development...






A particular focus has been the possible resumption of Caspian swaps with Iran that were suspended around six years ago and accounted for up to 150,000 barrels per day of crude oil from Russia, Kazakhstan and Turkmenistan...






China was one of the few countries that maintained a solid commercial presence in Iran’s petroleum sector after the UN, US and EU imposed increasingly tough sanctions on Iran over a period of years, culminating in the 2012 US and EU sanctions rounds...






Trading companies have also become active again: Swiss giant Glencore, for example, recently bought an 80,000 tonne Iranian fuel oil cargo...






The show will showcase products and services from all over the world; companies coming from as far afield as Italy and China, exhibiting together with local companies, resellers and joint ventures from throughout the kingdom and the GCC...






Primarily designed for use in the oil and gas industry, where the safe movement of hydrocarbons in a leak-free environment is absolutely critical, BOLTRIGHT PRO can also assist in many other industries where bolted joints are present...






Despite the current low oil prices and tough economic conditions, EagleBurgmann’s business in 2016 has grown from the previous year, as a number of key projects including Sadara, PetroRabigh Phase 2 and Jazan are being built or commissioned...






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