Recent Posts

Iran Views Oil under $100 pb as Unacceptable

TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari said any price lower than 100 dollars for a barrel of crude oil is “unsuitable” for both producers and consumers.

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Int’l Gas Conference Opens in Tehran

TEHRAN (FNA)- Iran’s second international gas conference opened in Tehran today.The 2-day gathering, which is said to have some 100 foreign participants, will be addressed by Iran’s oil minister Gholam Hossein Nozari and senior managers of the country’s petroleum industry.

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Iran Extends Oil Credit Facility for Sri Lanka

TEHRAN (FNA)- The Iranian government has agreed to extend the credit facility for Sri Lanka to meet its crude oil requirements for another three months at a concessionary interest rate.

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