Out of bounds

Out of bounds



Iran is
expected to increase oil exports to Europe ,
confirmed Deputy Oil Minister Ali Carder The Iranian oil export levels to Europe currently stands at 500 thousand barrels per day; referring to plans drawn up by the ministry to improve this size up to 800 thousand barrels within the next two months. He pointed Carder, that the projects proposed by the Russian, German and French companies and the Japanese are with respect to (develop) Azadegan oil field (south of Iran), and the contractor is the companies that pay the costs of the study fields though memoranda of understanding signed did not lead to an agreement , we will not pay any amounts of the company contractor that conducted the studies on the fields Alnaftyh'.ofatt Iranian oil Minister Assistant to the receipt of the technical studies of the company 'Petromina' Indonesian, and Russian 'Lukoil' field 'August Timor' oil, and the Japanese company 'INPEX' and the French 'TOTAL 'to the South Azadegan oil field, the German company' Ventrshl 'field' Krkhh item 'oil; adding, as the company Total handed over results of their studies of the unit 11 of the South Pars field invader.
In another aspect of his remarks , Iranian Oil Minister aide pointed to an increase by four million barrels in oil production of Iran by the end of the month of Farvardin (April 20 / April next), and on oil revenues, he said that Iran does not face any problem in the transfer of funds resulting from the sale of oil to the country; pointing in the same context to the survival of some of the oil revenue to India, he said that the Indians have vowed to pay all remaining debt until the end of March / March current. And on the support of France to sign a contract with Iran 's Total Carder explained, 'To my knowledge', the French government has assured the company Total that it welcomes investments in Iran.


Beijing
Arabia, China agree to boost cooperation
China and Saudi Arabia agreed in a joint statement on Saturday at the conclusion of a visit of Saudi King Salman to Beijing to strengthen their cooperation in the oil sector , including Saudi exports to China.
And looks Arabia, the largest oil exporter in the world, to strengthen relations with China, the second largest economy in the world, has also sought Saudi Arabia, after the market share lost to Russia last year, to increase oil sales to China, the second - largest oil market in the world, so by working with the three largest oil companies in China.
He said countries in a statement issued by the New China News Agency (Xinhua) , "countries want to increase the level of cooperation in the field of oil , including the Chinese market is growing steadily supplying Saudi oil."
The statement added , " The two sides stress the importance of the stability of world oil markets for the global economy ... and China appreciates the fact that the Saudi oil supplier of safe and reliable in the world market and the role it plays in ensuring the stability of the global oil market."
King Salman saw the signing of deals worth up to $ 65 billion during the first day of his visit to Beijing.


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