Subscribe free to our newsletters via your
. GPS News .




ENERGY TECH
Iran bullish about oil potential
by Daniel J. Graeber
Tehran (UPI) Apr 8, 2013


disclaimer: image is for illustration purposes only

Iranian Petroleum Minister Bijan Zanganeh said the country is bent on increasing the level of oil production despite Western economic sanctions.

Zanganeh told the Oil Ministry's official news site, Shana, the Iranian government wasn't waiting for the United States and its allies to relax sanctions on the energy sector.

"[We] will readily tap all the resources to sell more oil despite sanctions," he said in an interview published Monday. "We are hoping to see sanctions shrink, however, we assume the harshest circumstances and draw up our roadmap assuming that sanctions will not be altered."

The minister said Iran was ready to produce more than 4.2 million barrels of oil per day during the current calendar year, which began last month.

Iran secured sanctions relief under the terms of an interim nuclear deal brokered in November. Another round of nuclear talks gets under way in Vienna this week.

Last week, the U.S. Treasury Department said General Electric and Boeing could sell commercial airline parts to Iran, though much of the sanctions on Iran's energy sector remain in place.

[SHANA]

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
Wood Mac: Few infrastructure constraints for N.D. oil
Washington DC (UPI) Apr 02, 2014
Infrastructure constraints shouldn't inhibit production from oil-producing basins in North Dakota, analysis from Wood Mackenzie finds. Energy consultant group Wood Mackenzie said it expects production from the Bakken and Three Forks areas, two fields situated in the northern Williston Basin, should produce a combined average of 1.1 million barrels per day this year. The Bakken fi ... read more


ENERGY TECH
Quarter of Europe's bumblebee species risk extinction: study

China's COFCO to acquire 51% of agri-firm Noble

Space tech provides Africa's first Islamic insurance for herders

Research Clarifies Health Costs of Air Pollution from Agriculture

ENERGY TECH
Groundbreaking optical device could enhance optical information processing, computers

Raytheon hits another major milestone with GaN

Chipmaker Marvell told to pay $1.5 bn in patent case

Computing with Slime

ENERGY TECH
Malaysia Airlines has 'work to do' fixing image: CEO

Australia probes 'encouraging' signals in MH370 hunt

Fleet Complete!

Air Force contracts for financial system IT support

ENERGY TECH
Australia's first solar electric hybrid sports car

BMW to recall more than 232,000 cars in China: govt

Electric car sales smash records in Norway

Daimler signs 1.0-bn-euro production deal with Chinese partner

ENERGY TECH
Japan posts first current account surplus in five months

Bitcoin boss flees Cyprus 'after threat': reports

Xi goes to Belgian factory on last leg of Europe tour

Xi visit sets 'landmark' in EU-China ties

ENERGY TECH
Researchers design trees that make it easier to produce paper

Deforestation of sandy soils a greater threat to climate change

Using more wood for construction can slash global reliance on fossil fuels

Logging may have contributed to deadly Washington landslide

ENERGY TECH
A satellite view of volcanoes finds the link between ground deformation and eruption

Europe lofts first Copernicus environmental satellite

Satellite Shows High Productivity from US Corn Belt

Last look at Sentinel-1

ENERGY TECH
Never say never in the nano-world

Fabricating Nanostructures with Silk Could Make Clean Rooms Green Rooms

Scientists watch nanoparticles grow

Nanotube coating helps shrink mass spectrometers




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.