Shana

Mechanical Seal O-Rings of Tenge Bijar Gas Liquids Pumps Localized

TEHRAN (Shana) -- The o-rings of the mechanical seals of Tenge Bijar gas condensate transfer pumps were localized and replaced with the DuPont o-rings by the engineers of this company and the Research Institute of Petroleum Industry (RIPI).

Iran, Cuba Stress Expanding Energy Ties

TEHRAN (Shana) -- The CEO of the Pars Special Zone Organization and the Ambassador of the Republic of Cuba to Iran emphasized expansion of cooperation between the two countries in the energy sector.

Widely-Used Items in South Pars Platforms to be Localized

TEHRAN (Shana) -- The deputy of the domestic manufacturing committee in Pars Oil and Gas Company announced localization of 19 widely-used parts of South Pars rigs by October.

Iran, Kazakhstan Sign Energy Cooperation MoU

TEHRAN (Shana) – A Memorandum of Understanding on oil and gas cooperation was signed by the CEO of the National Iranian Oil Company in the presence of the Presidents of Iran and Kazakhstan.

90% Rise in Receipt of Gas Sales: Min.

TEHRAN (Shana) – The Iranian Minister of Petroleum said: "During the last quarter, compared to the same period last year, Iran's gas exports to neighboring countries have faced a 43% growth in volume, while during the same period in receiving receivables from these exports, we have seen more than 90% growth compared to the same period last year."

Iran receives Gas Dues from Iraq

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced in his latest Twitter post the receipt of gas export arrears from Iraq that amounted to $1.6 billion.

Refinery Saves 210 mcm gas by Preventing Flaring

TEHRAN (Shana) -- The CEO of Martyr Hasheminejad Gas Refining Company announced that the plant has saved about 210 million cubic meters of gas from the recovery of flare gases over the last five years.

Investment decline Biggest Risk to Gas Market

TEHRAN (Shana) – The Secretary General of the Gas Exporting Countries Forum believes that the biggest threat for the gas market is investment decline, saying: "Since 2014, we have seen a series of reasons including low natural gas prices, a misleading narrative about the incompatibility of natural gas with climate change and environmental pressures have reduced investment in the gas industry.”

Owji: Shah Deniz Field is Iran-Azerbaijan Successful Experience

BAKU (Shana) – Iranian Minister of Petroleum stressed the 13th administration’s policy for developing relations with neighbors, saying Iran-Azerbaijan partnership in Sha Deniz field is a good experience and can provide the ground for defining joint cooperation in oil and gas blocks and fields in the Caspian Sea.

Iran, Azerbaijan Sign MoU to Double Turkmen Gas Swap

BAKU (Shana) – Tehran and Baku signed a Memorandum of Understanding (MoU) to increase gas swap from Turkmenistan to the Republic of Azerbaijan via Iran’s territory.

1ST Cold LPG Shipment of South Pars Phase 13 Exported

TEHRAN (Shana) -- The operator of the South Pars Phase 13 development project announced the export of the first shipment of cold liquefied petroleum gas of the phase from the port of Siraf Pars.

Ilam Petchem Plant to Boost Output with Tang-e-Bijar Field Development

TEHRAN (Shana) – The Persian Gulf Petrochemical Industries Company (PGPIC) and the Iranian Central Oil Fields Company have signed a memorandum of understanding to develop the second phase of the Tang-e-Bijar gas field to tap the hamstrung capacity of Ilam Petrochemical Plant while ensuring the stability of the gas network in western regions, especially Ilam.

South Pars Phase 11 Gas Output to hit 12mcm by Winter

TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company announced production of 12 million cubic meters/day of gas from South Pars Phase 11 by winter.

Iran Ready for Gas Swap from Turkmenistan to Armenia

TEHRAN (Shana) -- In a meeting with the Armenian Minister of Territorial Administration and Infrastructures, the Minister of Petroleum stressed readiness of the Iranian gas network to start a gas swap from Turkmenistan and to increase gas exports to this country.

CIOFC Gas Output to Rise by 100 mcm

TEHRAN (Shana) – The CEO of the Central Iranian Oil Fields Company (CIOFC) on Monday announced the plans to ramp up gas production by 100 million cubic meters by the end of the Iranian calendar year 1404 (ending March 20, 2026), saying the amount is equivalent to the output in five phase of the South Pars Gas Field.

6 Petchem Projects Online in 1401

TEHRAN (Shana) -- The director of planning and development of the National Petrochemical Company said: "According to the plans, 6 petrochemical projects will come on stream this [calendar] year (which began on March 21)."

Iran Refineries Process Over 270 bcm Gas

TEHRAN (Shana) -- Iranian refineries have processed over 270 billion cubic meters of natural gas over the course of the previous Iranian calendar of 1400 which ended on March 20, a senior gas official said.

Iran’s Daily Gas Output to Rise by 45 mcm

TEHRAN (Shana) – The CEO of the National Iranian Gas Company (NIGC) on Sunday announced a 45 million cubic meter rise in Iran’s daily gas production this year.

Iran Considering Gas Exports to Europe

TEHRAN (Shana) – Iranian Deputy Minister of Petroleum for Gas Affairs announced on Sunday a rise in natural gas exports to Iraq and setting a deadline for this country to pay its debt, adding Iran is considering gas exports to Europe.

Petropars CEO: Four Wells of South Pars Phase 11 to Come Online by March 2023

TEHRAN (Shana) – The development of Phase 11 of South Pars gas field is underway and four wells will come on stream by the end of the current Iranian calendar year (which began on March 21, 2022), said the managing director of Petropars Company here on Saturday.

GECF Sec. Gen. Urges Investment in Gas Industry

TEHRAN (Shana) – The Secretary General of the Gas Exporting Countries Forum (GECF) said on Saturday that the global gas industry outlook 2050 highlights a need to invest over 8 trillion dollars, urging investment in this area.

Expansion of NIOC-Gazprom Cooperation on Agenda

TEHRAN (Shana) – Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr put great emphasis on the promotion of cooperation between his country and Russia in the energy sector.

GECF Sec. Gen. Addresses Iran Oil Show Opening

TEHRAN (Shana) – The Secretary General of the Gas Exporting Countries Forum, Mohamed Hamel, addressed the opening ceremony of the 26th Iran International Oil, Gas, Refining & Petrochemical Exhibition in Tehran on Friday morning.

Iran Eyes 14 mcm/d Gas from South Pars Phase 11

TEHRAN (Shana) -- The director of integrated planning of the National Iranian Oil Company, referring to the goal of producing 220,000 barrels of oil from the South Azadegan joint field by the end of the current calendar year, which began on March 21, said: “By the end of this year, 14 million cubic meters of gas will be extracted daily from phase 11 of South Pars.”

Owji meets with Iraqi Minister of Electricity

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji and the Minister of Electricity of Iraq emphasized the development of cooperation between the two countries in the oil and gas sector.

FM Spokesman:

Iran Selling Oil in World Markets

TEHRAN (Shana) – The spokesman of the Iranian Ministry of Foreign Affairs said all crude oil allocated to the export sector would be sold in world markets.