Shana

Iran's Oil Exports in Good State: MP

TEHRAN (Shana) -- A member of the presidium of the Energy Committee of the Islamic Consultative Assembly said: "Iran's oil exports are in a favorable condition and we will experience better conditions by bartering oil with goods and services."

Head of Presidential Office:

Gas Swap Deal, Result of Activating Asia-Based Economic Diplomacy

TEHRAN (Shana) – Head of the presidential office said that the recent gas swap deal between Iran, Turkmenistan and Azerbaijan was the result of activating Asia-based economic diplomacy.

Conference on Technology Management and Innovation to be held

TEHRAN (Shana) -- The 11th International Conference and the 15th National Conference on Technology Management and Innovation will be held on December 8 and 9 at the Oil Industry Technology and Innovation Park.

Continued Investment in Oil Industry, Strategic: MP

TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Consultative Assembly said that the continuation of investment in the oil industry is an important and strategic issue, adding: “Investing in two areas of human resources and development of oil and gas fields should not be seen as a current cost.”

23rd OPEC+ Ministerial Meeting Concludes

TEHRAN (SHANA) -- The 23rd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday December 2, 2021, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.

OPEC+ Agrees to Continue with Existing Output Increase for Jan.

TEHRAN (SHANA) -- The Organization of the Petroleum Exporting Countries and its allies reached a compromise on Thursday on continuing with the current agreement, increasing their crude oil output by 400,000 bpd for January.

23rd OPEC+ Meeting Opens

TEHRAN (Shana) -- The 23rd meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) began a few minutes ago via videoconference.

Owji: OPEC’s New Secretary General to be Elected by Next Month

TEHRAN (SHANA) – The new secretary general of the Organization of the Petroleum Exporting Countries (OPEC) will be elected by next month, Iranian Minister of Petroleum, Javad Owji, said on Wednesday after the 182nd Meeting of the OPEC Conference.

OPEC Conference President Addresses Opening of 182nd Meeting

TEHRAN (Shana) -- Diamantino Pedro Azevedo, Angola’s Minister of Mineral Resources and Petroleum and President of the OPEC Conference, delivered his opening speech at the 182nd Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) held via video conference on Wednesday December 1, 2021.

OPEC President, Head of Board of Governors Appointed

TEHRAN (Shana) -- Congolese Minister of Petroleum was elected as the Chairman of the OPEC conference and the Iraqi Representative to the OPEC Board of Governors as the Chairman of the board in 2022.

182nd OPEC Meeting Kicks Off

TEHRAN (Shana) -- The 182nd meeting of the Organization of the Petroleum Exporting Countries (OPEC) began a few minutes ago in the presence of the Ministers of Oil and Energy of the organization via video conference.

Iran Oil Sales Dramatically Higher than Last Year

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: "The amount of oil sales has increased dramatically compared to last year."

Gas Swap Deal Curbs Iran Sanctionability: Expert

TEHRAN (Shana) – An economist says that the Turkmen gas swap agreement with Azerbaijan from Iran would reduce Iran's ability to be targeted by sanctions.

Gas Swap Deal Boosts Iran Economic Exchanges with Neighbors: MP

TEHRAN (Shana) -- A member of the parliament's energy committee said the gas swap agreement between Iran, Turkmenistan and Azerbaijan would bolster Iran’s economic exchanges with its neighbors and would be effective in other areas as well.”

Gas Swap Deal Marks End of Energy Diplomacy Stalemate with Neighbors: MP

TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Consultative Assembly said that the gas swap between Iran, Turkmenistan and Azerbaijan shows the strong will of the Ministry of Petroleum in economic and energy diplomacy.

MOP Boosting Iran Leverage in Vienna Talks

TEHRAN (Shana) -- The caretaker of the Institute for International Energy Studies believes that the signing of the Turkmen gas swap agreement with Azerbaijan from Iran will increase the power of the latter’s diplomacy in the Vienna talks.

Gas Swaps of Iran, Turkmenistan, Azerbaijan Helpful to Stabilize Gas Network: NIGC

TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) underlined the economic importance of the gas swap between Iran, Turkmenistan and Azerbaijan, and said: "This agreement will help stabilize the gas network in the north and northeast of Iran."

Iran to Swap 2 bcm of Gas Annually

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said based on a newly-signed swap agreement with Turkmenistan and Azerbaijan, Iran will receive approximately 1.5 to 2 billion cubic meters of gas annually from Turkmenistan and the Sarakhs region and deliver it from Astara to Azerbaijan.

Transit, Gas Dispute with Turkmenistan Resolved: Raisi

TEHRAN (Shana) – Iranian President Ebrahim Raisi said: “The highlight of the meeting with the President of Turkmenistan was the development of economic relations and settlement of the transit and gas dispute, which was resolved.”

Three-Way Gas Swap Contract to Be Operational by Winter: Owji

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced the implementation of the tripartite gas swap agreement from Turkmenistan to Azerbaijan through Iran as of the beginning of winter.

Iran, Turkmenistan, Azerbaijan Strike Gas Swap Deal

TEHRAN (Shana) – A three-way agreement on gas swaps from Turkmenistan to the Republic of Azerbaijan from the territory of the Islamic Republic of Iran was signed in the presence of the Presidents of the Republic of Iran and the Republic of Azerbaijan on Sunday.

Iran Starts Appraisal of Areas outside South Pars Phases for Hydrocarbons

TEHRAN (Shana) -- The director of oil and gas engineering of Pars Oil and Gas Company said with the start of drilling an extension appraisal well in the northern part of the South Pars gas field, evaluation of the potential capacity of the areas outside the current blocks of the field entered the implementation phase.

Transformers Fajr Jam Refinery Repaired

TEHRAN (Shana) -- The CEO of Fajr Jam Gas Refining Company said the electrical repair unit of the company succeeded in rebuilding and operating its 715 transformer, which had an accident.

President:

Iran Ready to Develop Oil, Gas Courses for ECO Members

TEHRAN (Shana) – Iranian President Ebrahim Raisi said: “The Islamic Republic of Iran is ready to develop oil and gas training programs for ECO member countries.”

New Record in Daily Gas Transmission

TEHRAN (Shana) -- The CEO of Iran Gas Transmission Company said the company has set a new record by transferring over 800 million cubic meters of gas in one day.

85% of Oil, Gas, Petchem Equipment Locally Manufactured

TEHRAN (Shana) -- The chairman of the board of directors of the Association of Oil Industry Equipment Manufacturers said 40% of the manufacturing capacity of the association is empty, adding: “Currently, 85% of oil, gas and petrochemical equipment is produced inside the country.”

UPDATED--NIOC not waiting for Foreigners

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the company would welcome the arrival of foreign investment, saying: "If for any reason foreign investment is not materialized, different scenarios are on the table and we will not keep waiting for them."

NIDC Drills 46 Oil, Gas Wells in 8 Months

TEHRAN (Shana) -- The Deputy CEO of the National Iranian Drilling Company (NIDC) announced the drilling and completion of 46 oil and gas wells in the onshore and offshore oil-rich regions of the country in the first eight months of the current Iranian calendar year which began on March 21.

NPC CEO Appointed

TEHRAN (Shana) -- The Minister of Petroleum appointed Morteza Shahmirzaei as Deputy Minister and CEO of the National Petrochemical Company.

Iran Gas Consumption Exceeds 700mcm

TEHRAN (Shana) – Iran’s gas consumption has exceeded 700 million cubic meters in the past 24 hours, said the dispatching director of the National Iranian Gas Company.