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Petropars Says to Follow in Total Footsteps in SP11
TEHRAN (Shana) -- Over recent years, the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran. It was the first project for which National Iranian Oil Company (NIOC) signed an agreement with a consortium of France’s Total, China’s CNPCI and Iran’s Petropars under the newly-developed Iran Petroleum Contract (IPC) framework. Total and CNPCI pulled out of the project after the US exited the Iran nuclear deal and re-imposed sanctions on Iran. Petropars is now the sole operator of the project.
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Iran Ends Monopoly of Building Key Oil Industry Items
TEHRAN (Shana) -- The CEO of Iranian Oil Terminals Company announced construction of the NQ900 electric actuator and automatic sampler controller by local experts.
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COVID-19, Main Culprit in Recent Oil Price Fluctuations: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
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3rd South Pars Phase 13 Platform Installed
BUSHEHR (Shana) – The third offshore platform of the supergiant South Pars gas field has been installed.
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Zangeneh Talks with Russia’s Novak Prior to OPEC Meeting
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh discussed topics regarding the upcoming OPEC meeting with his Russian opposite number Alexander Novak.
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Over 70% of Oil Industry Equipment Localized: Iran
TEHRAN (Shana) – A senior Iranian industrial official says the country has indigenized manufacturing of over 70% of the equipment used in the petroleum industry.
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Iran Envoy to Austria, OPEC Secretary-General Meet in Vienna
TEHRAN (Shana) -- The Iranian ambassador and permanent representative to international organizations in Vienna met with the OPEC secretary-general to discuss the oil market developments following the spread of the Coronavirus in China.
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IPIEMA Localizes Strategic Petchem Equipment
TEHRAN (Shana) -- A member of the Iranian Petroleum Industries Equipment Manufacturers Association (IPIEMA) said Iranian manufacturers had successfully localized building of compressors and extruders in the petrochemical industry.
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Enhanced Oil Exports Mark Failure of Sanctions: Rouhani
TEHRAN (Shana) – Iranian President Hassan Rouhani said: “That Iran’s oil exports increased from 0.9 mbd to nearly 3 mbd after the JCPOA is an indication of the fact that we smashed the sanctions.”
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Iran Starts Mass Production of Drilling Bit
TEHRAN (Shana) -- The Iranian-made toothed drilling bit has entered mass production phase.
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Iran-Made Fath 72 Drilling Rig Unveiled
TEHRAN (Shana) – Fath 72 Drilling Rig, built by Academic Center for Education, Culture and Research (ACECR), has been unveiled in a ceremony attended by Iranian Minister of Petroleum Bijan Zangeneh.
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Petropars Awarded Project to Develop Forouzan Oilfield
TEHRAN (Shana) – The CEO of the Petropars Group said his company had won a tender to develop a production maintenance and enhancement project in Forouzan Oilfield.
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Petchem Industry Best Method to Generate Wealth in Iran: Official
TEHRAN (Shana) – The supreme adviser to presidential deputy for technical and scientific affairs underlined the importance of the petrochemical industry in generation of wealth for the country.
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Enhanced Gas Production, Biggest Oil Industry Measure to Save Environment: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said his ministry’s biggest environmental measure was enhancing natural gas production in the country.
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NISOC Announces Technological Needs
TEHRAN (Shana) – The director of production at the National Iranian South Oil Company (NISOC) announced the technological needs of his company.
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NIOC to Sell 6 mb of Crude Oil, Gas Condensate at IRENEX
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 6 million barrels of heavy and light crude oil and gas condensate at the international floor of the Iran Energy Exchange (IRENEX).
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Iran Eyes 1mbd Crude Output in West Karoon
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country expected to bring crude oil production to 1 million barrels per day in West Karoon Fields.
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$40b Investment Up for Grabs in Iran Petchem Industry
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said there were opportunities to invest by up to 40 billion dollars in the country’s petrochemical industry.
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TPC Eyes Enhanced Output by Accessing Fresh Feedstock Source
TEHRAN (Shana) – A project has been launched in the north western city of Miandoab to link Tabriz Petrochemical Company (TPC) to West Ethylene Pipeline which will enhance the plant’s output remarkably.
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Simultaneous Loading of South Pars Phase 13 Platforms
TEHRAN (Shana) -- The operation of loading two platforms belonging to Phase 13 of the South Pars gas field ended on Monday at the yard of Iran Marine Industrial Company (SADRA).
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1st Iran heavy polyethylene unit to be built
TEHRAN (Shana) – A contract was signed between Petrochemical Research and Technology Company (PRTC) and Tabriz Petrochemical Company for building Iran’s first heavy polyethylene plant.
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Iran to Launch 4 Downstream Petchem Parks
TEHRAN (Shana) – The CEO of Petrol Co. said Urmia Melamine, Ilam Polypropylene, Melamine Crystal Park and Lordegan Resin Urea parks are to be built in Iran.
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Iran Refineries to Yield 0.7mt/year of Petcoke
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700,000 tons per year of sponge and needle cokes in Iran.
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Tondgouyan Petrochemical Plant
Shana: Martyr Tondgouyan Petrochemical Plant, located at Special Petrochemical Economic Zone (Mahshahr), is the only producer of polyethylene terephthalate (PET) in the country and supplies raw materials to downstream units in the textile and packaging industries including bottle. The products of this complex compete qualitatively with other manufacturers in the world.
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Iran Eyes Self-Sufficiency in Sponge, Needle Coke Production
TEHRAN (Shana) – The National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, have signed an agreement for production of sponge and needle coke in Bandar Abbas and Imam Khomeini refineries which will render Iran self-sufficient in production of the items used for steel production.
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South Pars symbol of Islamic Revolution Achievements
BUSHEHR (Shana) -- As we celebrate the 41st anniversary of the victory of the Islamic Revolution in Iran, we are exploring the development process of the South Pars gas field since its inception. The first gas exploration well in this field was dug in 1990; based on the results of seismic studies, existence of gas was confirmed in the field. Iran's share of the 9,700-km field is 3,700 km, which hold roughly 14.2 trillion cubic meters of gas or 8% of the world's total reserves. South Pars will undoubtedly be an important part of the future of Iran's industrial history.
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Sales Exceed Output at Noori Petchem Plant
TEHRAN (Shana) – The CEO of Noori Petrochemical Company said the plant had done great in the month of Dey (which begins on December 22 to January 20) and its sales had exceeded the plant’s output.
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Plant to Break Chlorine Output Record in Iran
TEHRAN (Shana) – The CEO of Arvand Petrochemical Plant said his company had planned to launch a project which would enhance its chlorine output breaking the country’s production record of the item.
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Final Steps to Launch Lordegan Petchem Plant
TEHRAN (Shana) – The CEO of Lordegan Petrochemical Project said the plant’s construction was nearly complete (98%), adding the project would come online soon.
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Iran Supports Unanimous OPEC Output Cut Plan: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country could support deeper cuts in crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) if a majority of the members agreed with it.