• I think that because of delays in the use of exemptions and the withdrawal of crude oil and condensates by some countries, they may intend to use the exemption for imports of Iranian oil and condensates in previous months, cumulatively in February. #OPEC #OOTT

  • … From equipment and machinery to other needed items. So we need to be careful about the use of our words. /۲ #OOTT #OPEC @JZarif

  • … The government is also obligated to offer the option of the total settlement in Rials or foreign currencies, at the Energy Exchange market of #Iran. I think it’s a mistake. /۲ #OOTT #OPEC

  • #Iran's #oil minister, Zanganeh, goes to #China this week. He talks about the development of Phase ۱۱ of the South Pars in this trip. #OOTT #OPEC

  • I am aware that discussions on how to deal with NOOPEC have been going on in meetings among senior #OPEC experts and even ministers for a long time. A suggested solution is that instead of going through legal processes and lawyers, OPEC stops working altogether- and … #OOTT

  • Zanganeh: The oil markets’ situation is complicated because of Venezuela and …then some are trying to work against us. This time at #OPEC I argued with them.I said you are sitting up there, but you are not neutral. I am not your enemy, but you are acting with hostility. #OOTT

  • Zanganeh:For the N.Azadegan & S.Azadegan fields,we agreed to negotiate with China’s CNPC outside of the bidding process.For the Yadavaran field,we agreed to negotiate outside of the tender w/h Sinopec China.They are not active in this according to their own considerations/۳ #OOTT

  • #Iran's #oil minister sat down today at a press conference. Zanganeh:we used to swap ۱۱ thousand barrels of oil from Kirkuk. After the sanctions on Iran, the Iraqis cut that as well.The Iraqis owe us two billion dollars for gas and electricity؛they need to pay their debt.\۱ #OOTT

  • #China and #India are the most important export markets for Iranian oil. #Iran's oil traders need to be alert so Iran's oil exports to China and India don’t face further obstacles due to these new developments. ۳/۳ #OOTT #OPEC

  • The #UnitedStates has sanctioned #Venezuela’s state-owned #oil company. When an oil company is banned, it will use all its means to sell oil on markets that it has. #China and #India are among the largest buyers of oil and can take advantage of the turmoil among …/۱ #OOTT #OPEC

  • If the #OPEC and non-OPEC agreement on a daily reduction of ۱.۲M bpd is pursued properly for ۳ month, supply and demand will reach a balance. According to the OPEC report, Iran's oil production in December ۲۰۱۸ was ۲.۷۶۹ M bpd. #OOTT

  • … such as gasoline. This exploration will add to the geopolitical importance of #Iran. #OOTT #OPEC

  • …. A ۵,۰۰۰ billion Rials project to maintain oil production has already been signed. So far, it's about $ ۱ billion. In the period that foreigners have left #Iran's #oil, these contracts increase employment and add ۲۸۰ thousand barrels per day../۲ #OOTT #OPEC

  • ۳۳ projects have been defined as a national plan for oil production worth about $۶.۲ billion at the #Iran’s Ministry of #Oil. All these projects will be handed to Iranian companies. In the next moments, ۹ projects worth ۶۰,۰۰۰ billion Rials will be signed../۱ #OOTT #OPEC

  • …and we can harvest ۱۵۴ billion barrels with the current recovery rate. Each ۱ percent increase in the recycling rate adds ۸ billion barrels to the country's recoverable reserves. Our first to tenth priorities are to increase the recovery rate of #oil."/۲ #OOTT #OPEC

  • ../۴ @OPECSecretariat #OOTT #OPEC

  • …It also provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance./۲. #OPEC #OOTT @OPECSecretariat

  • #OPEC secretary general worried about trade war effect on #China and #India, #oil demand's 'bright spots'. #OOTT @OPECSecretariat

  • … The government's share of oil revenues is $۲۱.۷ billion. The budget bill is under consideration at the Iranian parliament./۴ #OOTT #OPEC @JavierBlas

  • Mofattah,a spokesman for the #Iran’s parliament commission on government budget bills on the oil revenues for the ۲۰۱۹ government budget bill: Export of #Oil and gas condensates: ۱.۵ million barrels a day price per barrel of oil:$۵۴ ../۱ #OOTT #OPEC @chris۱reuters @JavierBlas

  • Hassan Torbaty, Deputy Minister of #Oil and CEO of #Iran's National Gas Company: «We are still hopeful that Iran will be part of the transit route for the TAPI pipeline. The Iranian route is safer for Turkmen gas. We are preparing the basis for this.» /۱ #OOTT

  • #Iran's #oil minister went to Iraq this morning. He stated there are many areas of cooperation between Iran and Iraq. The oil ministers of the two countries have both stated they will talk on the necessary coordinations for #OPEC./۱ #OOTT

  • … With the arrival of gasoline from the ۳rd phase of the Persian Gulf star project next week, this will amount to ۱۰۵ million liters."/۲ #OOTT

  • …. This is while consumption of gasoline in the country will grow by ۷٪ to ۱۹۰ Million liters per day. To support this demand we either require $۵۷ billion in investment or $۱۰۰ million a day to import gasoline." #OOTT

  • Considerable uncertainty remains about the full impact of Iranian sanctions (on the global #oil market) once the waivers end , according to World Bank's new report #OOTT full report :

  • «We have increased crude purchases from the US and other countries as alternatives to Iranian grades because it is uncertain whether the ۱۸۰-day waiver will be extended,» an official at SK Innovation said. #OOTT @PlattsOil

  • Exclusive | «The export of Iranian oil and gas condensate in February is more than the figures released by the news agencies in January.» a source said. Yesterday, @Reuters announced that the average Iranian #oil exports in January have been between ۱.۱M to ۱.۳M bpd. #OOTT #OPEC

  • From my article: "Can we call INSTEX, the EU’s financial exchange route with Iran, an Oil-For-Food scheme? I think NOT. The simplest reason is this: Iran is not exporting any oil to Europe at the moment, to expect anything in return, from food to medicine …/۱ #OOTT #OPEC @JZarif

  • By ratifying the next year's budget bill, parliamentarians urged the government to continuously provide ۲ million barrels of heavy oil, ۲ million barrels of light oil and ۲ million barrels of gas condensate on a monthly basis …/۱ #OOTT #OPEC

  • … and declares that any action taken against #OPEC will be countered by all means possible. Is this spirit still alive in OPEC like ۵۸ years ago? #OOTT @OPECSecretariat

  • #OPEC faces fresh threat from U.S. legislation. #OOTT

  • Zanganeh: "With the exemption of Turkey, Europeans have not yet bought #oil from #Iran. Greece and Italy are exempted from the sanctions on Iran but have abstained. I do not know why. And they do not reply./۴ #OOTT #OPEC

  • Zanganeh: What contract did an international company wish to sign, that I declined?! I serve the interests of one country and I bow to one nation and that is the country and nation of #Iran. I do not bow to any other country؛ I do sign contracts, but with dignity./۲ #OOTT #OPEC

  • #Iran's #oil minister, Zanganeh will attend a important press conference in #Tehran at the oil ministry on Tuesday. #OOTT #OPEC

  • … the vendors to determine the price and conditions for the purchase of oil. Venezuelan heavy #oil vendors may pursue a reduction in prices for Chinese and Indian buyers. #Venezuela's heavy oil is close to Iran's heavy oil …/۲ #OOTT #OPEC

  • If we subtract the capacity of ۱.۷M bpd of refineries, #Iran's crude exports in Dec. were about ۱.۱M bpd. As a result, with the continued volatility in #Venezuela, the U.S. can not remove Iran's #oil from the market & will need to continue the exemptions after May. #OOTT

  • Based on the latest #OPEC monthly report quoted from secondary sources, #Venezuela has produced ۱.۱۴۸M bpd in December ۲۰۱۸. The average Venezuelan oil production in۲۰۱۷ was ۱.۹۱۱M bpd . (A reduction of ۷۶۳T bpd in ۱year) The market currently faces ۱M bpd of surplus supply. #OOTT

  • A new high quality #oil field has been discovered in Iran. According to the Minister of Oil, yesterday at ۱۰ am (local time), Iran discovered oil on Mino Island for the first time. Lightweight oil with API ۴۰, which can be used to produce a variety of light-Sweet products …#OOTT

  • … to the country’s oil production through a total of ۳۳ projects. The ۹ contracts signed today add a total of ۸۹,۰۰۰ barrels to the country's oil production in ۳ years.۳/۳ #OOTT #OPEC

  • Yesterday’s transaction failed. ۱ M b of Iran's light crude #oil was delivered to #Iran's Energy Exchange in ۳۵,۰۰۰ b of shipments with specific conditions (including ۹۰-day repayment,full payment of Rials & payment of only ۶٪ for the start of the transaction)؛all in vain. #OOTT

  • …See the Video. /۵ #OOTT #OPEC @OPECSecretariat

  • The great works of the @OPECSecretariat. See the video./ ۳ #OOTT #OPEC

  • Learn more about the key messages of OPEC’s MOMR for the month of January ۲۰۱۹. The Monthly #Oil Market Report covers major issues affecting the world oil market and provides an outlook for #crude oil market developments for the coming year../۱ #OOTT @OPECSecretariat

  • ۲۰٪ of oil revenues will go to the National Development Fund according to the law. This amounts to ۶.۶ billion dollars. ۱۴.۵٪ of oil revenues equal to ۴.۸ billion dollars belong to the Oil and Gas Company shares. ../۳ #OOTT #OPEC

  • The Dollar to Toman conversion rate for basic goods: ۴۲۰۰ T to a Dollar. The Dollar to Toman conversion rate for other goods: ۸,۰۰۰ T to a Dollar. Based on these rates, the average rate for foreign currency exchange is ۵,۵۰۰ Tomans. …/۲ #OOTT #OPEC

  • … for gas exports will be received." Torbaty: «There is no problem with winter supply of gas for the country, especially for the north.» / ۳ #OOTT

  • I think that they will also talk on ways to help deal with oil sanctions and gas exports. /۲ #OOTT

  • CORRECTION … | If demand for gasoline grows by ۷٪, the difference between production and consumption will rise to ۱۹۰ Million liters per day. To support this demand we either require $۵۷ billion in investment or $۱۰۰ million a day to import gasoline." /۲ #OOTT

  • Sadegh Abadi: «We’ve had a good margin in production and consumption of gas this year.» Between ۲۰ to ۲۵ million liters is the difference between our production and consumption (production is higher.) We haven’t imported gasoline since October." #OOTT

  • Alireza Sadegh Abadi, Deputy #Oil Minister and Managing Director of National Iranian Oil Refining and Distribution Company: "In ۲۰۳۳, if the current state continues, national gas production will be between ۱۰۵ and ۱۱۰ million litres …/۱ #OOTT