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Iran Oil and Gas Market Update Oct 2013

Oil and Gas Market Update for covering entire month of September 2013

  • Iran drives regional steel production growth in August ‐ Middle East and Africa output up 3.9 per
    cent as Iranian production expands 13.2 per cent.
  • UK asks for Iran sanctions exemption to restart North Sea field ‐ Brussels and Washington
    considering allowing BP‐Iran joint venture to restart operations at Rhum field.
  • Iran agrees refinery revamp deal with Chinese and Korean groups ‐ Sinopec will lead the $1.5bn
    expansion of the Esfahan oil refinery in central Iran, reports local media.
  • ran to export gas to Oman ‐ Countries reach understanding on gas exports.