Yearly Archives: 2007

Iran-Turkey Gas Deal a New Hope for EU Nabucco Pipeline

According to statements made Sept. 27 by the Turkish Minister of Energy Hilmi Guler, Ankara and Tehran plan to sign an accord this month on the exploitation of the natural gas reserves of South Pars on the southern Iranian coast.

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Iran’s Oil Output to Hit 4m bpd in Nov.

Iran will hike actual oil output to just over four million barrels per day (bpd) from November 1 in line with a deal at the Organization of Petroleum Exporting Countries (OPEC), a senior official said yesterday.

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Iran Inaugurates New Air Base

Iran has inaugurated a new air base near its eastern border with Afghanistan to protect against a possible strike by enemy forces operating in the neighboring country.

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