Iran
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Owji Stresses Expansion of Iran-Azerbaijan Ties
BAKU (Shana) – Iranian Minister of Petroleum underlined expansion of relations with Azerbaijan, saying the gas swap contract has provided the ground for cooperation in other sectors including transportation, power, trade and such areas.
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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.
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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.
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Owji: Iran Return to Oil Market Can Calm Int'l Markets
BAKU (Shana) – Global oil market is in a condition that return of Iran oil can remarkably help meet customers’ needs and make the world markets balanced and calm, Iranian Minister of Petroleum said on Thursday.
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29th OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 29th OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday, June 2, 2022, 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.
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OPEC+ Agrees to Raise Output by 648,000 bpd for July
TEHRAN (Shana) – The Organization of the Petroleum Exporting Countries and its allies, OPEC+ coalition, agreed on Thursday to increase crude oil output by 648,000 barrels per day in July.
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Iran, Azerbaijan to Boost Gas Trade
BAKU (Shana) – Iranian Minister of Petroleum referred to two billion cubic meters of Turkmenistan gas swap to the Republic of Azerbaijan via Iran’s territory, announcing the gas transmission volume is to double.
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Owji Meets with Kazakhstan Energy Minister
BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, met with Kazakhstan Energy Minister, Bulat Aqchulaqov, on Thursday on the sidelines of Baku Energy Forum.
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Owji: Sanctions Could Not Hinder Iran’s Oil Industry Progress
BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, said on Thursday that those who imposed sanctions think they can impede Iran’s development and progress through the terroristic tool of sanction while it is a double-edged sword with which they have to grapple.
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Owji Meets with Azerbaijani Deputy PM
BAKU (Shana) – Iranian Minister of Petroleum held talks on Wednesday with Deputy Prime Minister of the Republic of Azerbaijan and discussed bilateral relations.
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Iran Oil Sales in 13th Administration Acceptable
TEHRAN (Shana) – Iran’s 13th administration has sold an acceptable level of oil and the country managed to maintain its share in oil market, Iran’s government spokesman said on Wednesday.
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Iranian Petroleum Minister in Baku to Attend Energy Events
TEHRAN (Shana) – Iran’s Minister of Petroleum, Javad Owji, has traveled to the Republic of Azerbaijan to participate in the 27th Baku Energy Forum and the 27th International Caspian Oil and Gas Exhibition (Baku Energy Week).
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Iran, Tajikistan sign dozens of Cooperation Documents
TEHRAN (Shana) -- 17 cooperation documents in various fields including energy, economy, trade and tourism have been signed between Iran and Tajikistan.
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New Wells Raise Crude Production at Mansouri Field
TEHRAN (Shana) -- Wells No. 123 and 124 of the national project of Mansouri Fields have successfully commissioned which enhance the field’s crude oil output.
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CBI: Iran Receives $7.5b Oil Revenue in April, May
TEHRAN (Shana) -- The governor of the Central Bank of Iran (CBI) said in the first two months of the current calendar year, which began on March 21, over $7.5 billion has been received by Iran from the sale of crude oil and petrochemicals which is $3 billion higher than the same period last year.
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Arvand Petchem Plant Loads 1st Ethylene Dichloride Shipment
TEHRAN (Shana) -- The caretaker of Arvand Petrochemical Company said the first consignment of ethylene dichloride weighing 5,000 tons has been loaded for export.
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Annual investment in PSEEZ increases 46%
TEHRAN (Shana) -- Iran’s biggest energy hub, Pars Special Economic Energy Zone (PSEEZ), has managed to attract 70 trillion rials (about $270.1 million) as well as €500 million of investment in the previous Iranian calendar year (ended on March 20) to register a 46 percent growth, year on year.
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Iran Oil Revenue Collection 60% Y/Y: Official
TEHRAN (Shana) -- The Director General of Public Relations of the Iranian Ministry of Petroleum said the receipt of hard currency earnings of oil sales in the first two months of the current Iranian calendar year which began on March 21 saw a 60% year-on-year growth.
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Noori Petchem Plant Operating at 108% of Capacity
TEHRAN (Shana) -- The CEO of Noori Petrochemical Plant said the amount of production in Noori Petrochemical Plant in Ordibehesht (the second month of the Iranian calendar year- April 21 to May 22) reached 108% of its nominal capacity.
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Value Chain to Complete at Abadan Petchem Plant
TEHRAN (Shana) -- The head of Abadan Petrochemical Plant during the visit of the CEO of the National Petrochemical Company to the facility said: “The creation of new units is a process in line with the completion of the value chain of Abadan Petrochemical Plant’s development plans.
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NIOC CEO: No Problem with Oil Debt Collection
SHANA (Tehran) – The managing director of the National Iranian Oil Company (NIOC) here on Friday said there is no problem regarding oil debt collection.
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Petroleum Minister: Iran-Russia Annual Trade Transactions to Hit $40bn
SHANA (Tehran) – The ceiling of Iran-Russia annual trade transactions will skyrocket to $40 billion before 2024, said the Iranian minister of petroleum here on Thursday.
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Deputy PM Novak Calls Iran Reliable Trading Partner of Russia
SHANA (Tehran) – Russian Deputy Prime Minister Alexander here on Wednesday said Iran is an old and reliable trading and economic partner of his country.
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Iran, Russia Sign Three Cooperation Documents
SHANA (Tehran) – Iran and Russia here on Wednesday signed three cooperation documents.
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Owji: Part of Russia’s $5bn Fund for Iran Projects Allocated; $40bn Annual Trade on Agenda
SHANA (Tehran) – Part of Russia’s $5 billion fund for Iranian energy, agricultural, and transport projects was allocated, said the country’s minister of petroleum here on Wednesday.
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Petroleum Minister: 13th Administration Seeking to Expand Iran-Russia Trade Ties
SHANA (Tehran) – Iran’s Minister of Petroleum Javad Owji on Wednesday said the 13th administration is doing every effort to develop trade ties with Russia.
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Iran, Russia Start Talks to Boost Ties
SHANA (Tehran) – Iran and the high-ranking delegation of Russia here on Wednesday started their talks on the expansion of their relations.
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Raisi Says Iran, Oman Eager to Expand Ties, Underlines Investment in Energy Sector
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raisi on Tuesday said Tehran and Muscat are determined to revitalize and develop their relations.
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Iran, Russia Deputy Ministers Discuss Bilateral Ties
SHANA (Tehran) – Iran’s deputy petroleum minister for international affairs and trading here on Tuesday held talks on bilateral relations with the Russian deputy economic development minister.
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Iran, Russia to Hold Energy Talks During Novak Visit
SHANA (Tehran) — Iran and Russia are scheduled to hold a meeting on bilateral cooperation in the energy sector here on Wednesday.