07 June 2009
In its recent report, Reuters outlined details about Iran's principal energy partners and joint projects:
Japan
Biggest single buyer of Iran's crude. Imported 519,518 barrels per day (bpd) in Q1 2009. Iran was Japan's third-largest supplier. Japan's INPEX holdings saw its 75-percent stake in Iran's huge Azadegan oilfield cut to 10 percent in 2006 when talks fell through on a development plan.
China
Second-largest buyer of Iran's oil. Imported 484,093 bpd in Q1 2009. Iran is China's second-largest crude supplier. China's National Petroleum Corporation (CNPC) signed a $4.7-billion contract with Iran on Wednesday to develop a phase of South Pars, replacing France's Total.
Chinese oil firm China National Petroleum Corp (CNPC) signed a deal with the NIOC on Jan. 14, 2009 to develop the North Azadegan oilfield. China's Sinopec Group finalized a $2-billion pact to develop Iran's huge Yadavaran field in December 2007.
India
India imported 426,360 bpd of Iran's oil in the fiscal year 2008/9, or 9.5 percent more crude versus a year earlier. India supplies much of Iran's imported oil gasoline and diesel.
Malaysia
Malaysia's SKS group signed a gas deal worth $14 billion with NIOC in December 2008. The deal involves a project to produce liquefied natural gas and develop two gas fields, Golshan and Ferdows. Exports of crude and 120,000 barrels of gas condensates are also part of the agreement.
Indonesia
State oil firm Pertamina said in March a refinery joint venture project with Iran may be delayed until 2016 from 2010. In 2006, Pertamina's unit PT Elnusa signed a preliminary deal with National Iranian Oil Refining and Distribution Company to build a 300,000-barrels-per-day oil refinery in Indonesia.
Pakistan
Iranian news agencies reported last month that Iran and Pakistan signed a framework agreement to export Iranian natural gas to Pakistan.
South Korea
Imported up to 244,989 bpd of Iran's oil in the first quarter 2009. Iran was South Korea's fourth-largest supplier.
Taiwan
Imported 82,411 bpd of Iran's oil in the first quarter of 2009. Iran was Taiwan's third-largest supplier.
Russia
Russia is building Iran's first nuclear power plant and supplying the fuel it will use. Russia's state-controlled energy giant Gazprom agreed in February to take on new projects in Iran, including a bigger role in South Pars and oil drilling. Gazprom has invested about $4 billion in Iran since 2007 and was involved in an earlier phase at South Pars.
Austria
Austria's biggest energy company OMV is leading a consortium planning to build the Nabucco pipeline to carry gas from Turkey to Austria through Bulgaria, Romania and Hungary by 2013. Europe wants the pipeline to diversify supplies and ease dependence on Russia, but it will be difficult to fill the $8 billion pipeline without Iran.
France
Oil giant Total was replaced by China's CNOC of the South Pars field but the project has been overshadowed by haggling over contract terms and international political tension.
Germany
In 2006, Germany's ABB Lummus signed a $512-million contract with NIOC and a consortium of Iranian companies to develop the Bandar Abbas refinery. The group intends to raise gasoline production to 13 million liters per day from 4.8 million liters currently.
Italy
Italy's oil and gas group Eni is leading the $1-billion second phase development of the Darkhovin oilfield development to take output to 160,000 bpd from 50,000 bpd. Italian power utility Edison and NIOC signed a $107-million exploration contract in January 2008 to help develop the Dayyer offshore block in the Persian Gulf.
Poland
Polish gas monopoly PGNiG has signed a preliminary deal with Iran's Offshore Oil Company to cooperate on managing already-discovered gas reserves.
Spain
Repsol had planned to participate with Shell in developing South Pars and building an LNG plant, but Shell pulled out last year. Iran had given a May 20 deadline for Shell and Repsol to clarify their involvement in the project.
Switzerland
Swiss energy group EGL signed a 25-year gas purchase deal worth over $13 billion with Iran last year.
Turkey
Turkey signed a preliminary deal in November 2008 for gas to be exported to Europe through Turkey and for Turkey to produce gas in the South Pars field. The investment would amount to $3.5 billion.
United Kingdom
Oil major Royal Dutch Shell has pulled out of Phase 13 of the giant South Pars gas field last year but said it may join later stages of the field's development.
In its recent report, Reuters outlined details about Iran's principal energy partners and joint projects:
Japan
Biggest single buyer of Iran's crude. Imported 519,518 barrels per day (bpd) in Q1 2009. Iran was Japan's third-largest supplier. Japan's INPEX holdings saw its 75-percent stake in Iran's huge Azadegan oilfield cut to 10 percent in 2006 when talks fell through on a development plan.
China
Second-largest buyer of Iran's oil. Imported 484,093 bpd in Q1 2009. Iran is China's second-largest crude supplier. China's National Petroleum Corporation (CNPC) signed a $4.7-billion contract with Iran on Wednesday to develop a phase of South Pars, replacing France's Total.
Chinese oil firm China National Petroleum Corp (CNPC) signed a deal with the NIOC on Jan. 14, 2009 to develop the North Azadegan oilfield. China's Sinopec Group finalized a $2-billion pact to develop Iran's huge Yadavaran field in December 2007.
India
India imported 426,360 bpd of Iran's oil in the fiscal year 2008/9, or 9.5 percent more crude versus a year earlier. India supplies much of Iran's imported oil gasoline and diesel.
Malaysia
Malaysia's SKS group signed a gas deal worth $14 billion with NIOC in December 2008. The deal involves a project to produce liquefied natural gas and develop two gas fields, Golshan and Ferdows. Exports of crude and 120,000 barrels of gas condensates are also part of the agreement.
Indonesia
State oil firm Pertamina said in March a refinery joint venture project with Iran may be delayed until 2016 from 2010. In 2006, Pertamina's unit PT Elnusa signed a preliminary deal with National Iranian Oil Refining and Distribution Company to build a 300,000-barrels-per-day oil refinery in Indonesia.
Pakistan
Iranian news agencies reported last month that Iran and Pakistan signed a framework agreement to export Iranian natural gas to Pakistan.
South Korea
Imported up to 244,989 bpd of Iran's oil in the first quarter 2009. Iran was South Korea's fourth-largest supplier.
Taiwan
Imported 82,411 bpd of Iran's oil in the first quarter of 2009. Iran was Taiwan's third-largest supplier.
Russia
Russia is building Iran's first nuclear power plant and supplying the fuel it will use. Russia's state-controlled energy giant Gazprom agreed in February to take on new projects in Iran, including a bigger role in South Pars and oil drilling. Gazprom has invested about $4 billion in Iran since 2007 and was involved in an earlier phase at South Pars.
Austria
Austria's biggest energy company OMV is leading a consortium planning to build the Nabucco pipeline to carry gas from Turkey to Austria through Bulgaria, Romania and Hungary by 2013. Europe wants the pipeline to diversify supplies and ease dependence on Russia, but it will be difficult to fill the $8 billion pipeline without Iran.
France
Oil giant Total was replaced by China's CNOC of the South Pars field but the project has been overshadowed by haggling over contract terms and international political tension.
Germany
In 2006, Germany's ABB Lummus signed a $512-million contract with NIOC and a consortium of Iranian companies to develop the Bandar Abbas refinery. The group intends to raise gasoline production to 13 million liters per day from 4.8 million liters currently.
Italy
Italy's oil and gas group Eni is leading the $1-billion second phase development of the Darkhovin oilfield development to take output to 160,000 bpd from 50,000 bpd. Italian power utility Edison and NIOC signed a $107-million exploration contract in January 2008 to help develop the Dayyer offshore block in the Persian Gulf.
Poland
Polish gas monopoly PGNiG has signed a preliminary deal with Iran's Offshore Oil Company to cooperate on managing already-discovered gas reserves.
Spain
Repsol had planned to participate with Shell in developing South Pars and building an LNG plant, but Shell pulled out last year. Iran had given a May 20 deadline for Shell and Repsol to clarify their involvement in the project.
Switzerland
Swiss energy group EGL signed a 25-year gas purchase deal worth over $13 billion with Iran last year.
Turkey
Turkey signed a preliminary deal in November 2008 for gas to be exported to Europe through Turkey and for Turkey to produce gas in the South Pars field. The investment would amount to $3.5 billion.
United Kingdom
Oil major Royal Dutch Shell has pulled out of Phase 13 of the giant South Pars gas field last year but said it may join later stages of the field's development.
© Iran Daily 2009
