Recent Posts

OPEC to Keep Production at Current Level

TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari stressed here Saturday night that the Organization of Petroleum Exporting Countries will neither increase nor decrease production in order to keep oil prices at 100 US dollars per barrel.

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Dana to Receive Iran Gas in 2008

TEHRAN (FNA)- Dana Gas said yesterday it would start to receive the much-delayed natural gas supplies from Iran in mid 2008, although Tehran has remained silent over earlier statements by the UAE company that deliveries would start soon.

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