#PDVSA “is currently seeking to monetize its ownership interest in us,” Citgo said in a July 29 bond prospectus document. “There can be no assurance as to whether a transaction will occur or as to the nature or timing of any potential transaction.”
See the whole article on Bloomberg: Venezuela Seeks Buyer for Citgo Petroleum Refinery Unit - Bloomberg
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July 31, 2014
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#Iran - Country Analysis #MasterEnergy @EIAgov
Iran holds the world's fourth-largest proved crude oil reserves and the world's second-largest natural gas reserves. Despite the country's abundant reserves, Iran's oil production has substantially declined over the past few years, and natural gas production growth has slowed. International sanctions have profoundly affected Iran's energy sector. Sanctions have prompted a number of cancellations or delays of upstream projects, resulting in declining oil production capacity.
For more information on the Iran’s energy sector, visit http://www.eia.gov/countries/cab.cfm?fips=IR
Iran - Analysis - U.S. Energy Information Administration (EIA)
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