Baku 12° C
Iran plans to sell a new grade of heavy oil
Energy
- 11 January, 2016
- 14:10
Baku. 11 January. REPORT.AZ/ Beginning of the spring of 2016, Iran plans to sell a new grade of heavy oil due to increased production from fields in West Karun. Report informs referring to the Bloomberg, representative of the National Iranian Oil Company (NIOC) said.
It was mentioned that, density of the new variety, which is a mixture of oil from the fields Yadavaran (Khuzestan province), North and South Azadegan and others, and its density is less than that of brands Soroosh and Nowrooz, but higher than Iran Heavy mixture.
It is reported that the name for the new oil grade is not invented yet. The main market will be the Asian countries.
Latest News
09:45
Video
Pakistan successfully launches indigenous satellite from China
Other countries09:29
Greece, France renew defense pact, expand strategic cooperation
Other countries09:21
Video
WUF13: Baku green spaces highlight people-centred urban development
Infrastructure09:09
Highway bombing in Colombia kills at least 14
Other countries23:04
Video
Video highlighting Ukrainian President's visit to Azerbaijan shared on President Ilham Aliyev's social media accounts
Foreign policy17:55
Trump, Netanyahu, Aoun to meet in Washington in mid-May
Foreign policy17:47
Group of Azerbaijani NGO reps sends Open Letter to Mayor of New York
Foreign policy17:29
Cotton fiber production in Azerbaijan increased by 16%
Industry17:04