Iranian crude oil flow to European buyers has begun to pick up following removal of sanctions in January totaling 14 million barrels despite of financial, legal and logistical obstacles.

Managing director of the National Iranian Gas Company (NIGC) said that following removal of sanctions and the increase of refineries’ output, the firm is determined to raise its presence in the global market of gas by-products.

Pakistan’s Minister for Water and Power says Iran being neighbor of Pakistan is the best option and cheapest route to import oil, gas and electricity for the energy starved country.

Iran has started discussion with Oman on using spare capacity of Oman LNG, to process Iranian gas for exports, local media reports said quoting officials.

15 OPEC and non-OPEC producers support the Doha initiative to limit output even if sanctions-free Iran doesn’t follow suit, according to The Wall Street Journal

Hellenic Petroleum (ELPE) will purchase its first delivery of Iranian crude oil indirectly from Tehran, despite of the Greek refiners signed deal with the National Iranian Oil Company (NIOC) earlier this year, local Greek media reported

Minister of Petroleum Bijan Zangeneh said the ministry and its affiliated companies are determined to boost carrying out the development projects in the oil, gas, and petrochemical projects

International companies are ready for cooperation with the Khazar Exploration and Production Company (KEPCO) in its deepwater projects in the Caspian Sea

National Iranian Oil Company (NIOC)s chief said the company will issue 50 trillion rials (about $1.454 billion) in bonds before the end of the current Iranian calendar year to March 19) to finance some oil and gas projects in the country

First Vice-President Eshaq Jahangiri said that Iran is ready to increase its crude oil export up to 2 million barrels a day in the coming months coinciding the new year (starting March 20)