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First Phase 13 Condensate Cargo Ready for Export

TEHRAN (Shana) -- The first gas condensate consignment of Phase 13 of the massive South Pars gas field is ready for export.
Iran Petchem Output to Hit 92 mt/d by 2021

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical production capacity would reach 92 million metric tons per year by 2021.
South Pars Gas Output to Hit 750 mcm by Late 2019

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country’s gas production capacity from the supergiant South Pars gas field would cross 750 million cubic meters per day by late 2019.
Iran Progress Continuing despite Sanctions: Rouhani

TEHRAN (Shana) -- Iranian President Hassan Rouhani said the country’s progress had continued despite the sanctions and economic difficulties.

تیتر دو

Phase 13, 22-24 Inauguration Indication of Victory of Iran

TEHRAN (Shana) -- The commander of Khatam Al-Anbia Construction Headquarters said that construction of phases 13 and 22-24 of the South Pars gas fields was an indication of the victory of the Iranian nation against arrogant powers of the world.
PEDEC Priorities Outlined

TEHRAN (Shana) -- The CEO of Petroleum Engineering and Development Company (PEDEC) outlined the company’s priorities in the new Iranian calendar year which starts on March 21.
CEO of IOTC Appointed

TEHRAN (Shana) -- Masoud Karbasian, the National Iranian Oil Company (NIOC) CEO, has appointed Abbas Asadrouz as the new CEO of the Iranian Oil Terminals Company.
Iran Ready to Export Mercaptan

TEHRAN (Shana) – The CEO of the National Iranian Gas Company (NIGC) said it was possible for Iran to export some of its mercaptan output.

Analysis

Ferdowsi, Mideast Biggest Heavy Crude Oil Field

TEHRAN (Shana) -- More than 108 years of prospecting for hydrocarbon reservoirs in Iran have resulted in the exploration of the supergiant South Pars gas field and Azadegan oil field. Iran sits atop more than 100 oil and gas reservoirs, implying that at least one reservoir has been explored per year in Iran in the past century.
2018-08-29 12:16
Condensate Exports Down as Domestic Use Up

TEHRAN (Shana) -- Since taking office in 2013, the administration of President Hassan Rouhani has focused on putting an end on selling raw materials.
2018-09-02 15:40
Saudi Arabia and Extra Oil Output; Challenges & Restrictions

TEHRAN (Shana) -- The US withdrawal from Iran’s 2015 nuclear deal with six world powers and Washington’s attempts to cut Iran’s oil exports to zero have raised serious questions about the future of energy market and possible fluctuations and shocks in the oil market.
2018-10-14 10:00
How to Counter Oil Sanctions

TEHRAN (Shana) -- We view sanctions as the conditions or the scope of project, i.e. assessing every factor, which is likely to affect the project processes and the triangle of time-quality-cost for a project.
2019-01-05 15:21

Report

EOR Envisaged for Bangestan Reservoir

TEHRAN (Shana) -- Iran hopes to bring its oil output to over 5 mb/d under its 20-year vision plan by investing in ageing fields. Some of oil fields in Iran are already mature. Their oil has partly been recovered, but cutting edge technologies are needed to extract the remaining oil.
2018-12-30 12:09
South Pars Gas Output Exceeds 600mcm/d

TEHRAN (Shana) -- South Pars is the largest gas field in the world, whose development is aimed at supplying gas needs in Iran in the household and business sectors, injecting gas to oil fields, powering industrial units and power plants, feeding petrochemical plants, exporting gas, condensate, liquefied petroleum gas (LPG) and sulfur.
2019-01-21 15:52
Iran Petroleum Ministry Shakeup

Who Are Iran’s New Oil Managers?

TEHRAN (Shana) -- Iran’s petroleum minister, Bijan Zangeneh, appointed new heads for three of main subsidiaries of the ministry. The decision was line with a recently enacted law banning the reappointment of retired managers.
2019-01-21 15:55
Iran to Launch 4 South Pars Phases by March 20

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh, on the eve of the 40th anniversary of the Islamic Revolution’s victory, underlining Iran’s natural gas production capacity from the jointly owned South Pars gas field and inauguration of the refinery sections of phases 13 and 22-24 of South Pars in the near future, said: "With the opening of these phases, Iran outdoes Qatar in gas recovery from South Pars gas field.”
2019-02-05 17:25