Iran
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Gas Market Developments, Tsars and Alternative Fuels
TEHRAN (Shana) -- The gas market has undergone many changes and, of course, crises in recent months. The increase in the price of this clean fuel by more than 100% has caused many experts to be surprised and reputable international institutions to make new predictions. In line with these developments, the Oil and Energy Information Network (Shana) has sought the opinion of several senior energy economics experts in this field.
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Completing Petchem Value Chain a Major Priority
TEHRAN (Shana) -- The CEO of the National Petrochemical Company said: "In completing the value chain and downstream industries, efforts are being made to develop the projects by using the basic products of the petrochemical industry as feedstock."
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Oil Sales have Improved: Owji
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said Iran’s oil sales have improved, saying: "From the next one or two weeks, the export of petroleum products, which we had restrictions due to the supply of domestic reserves, will resume."
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Iran Needs $160b to Develop Oil Industry
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said Iran would need $160 billion to invest in its oil and gas industry.
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Iran Firm Exports Catalysts to Neighboring Countries
TEHRAN (Shana) -- An Iranian company, relying on local knowledge and the efforts of domestic researchers, has had a successful performance in the production of chemical catalysts, which in addition to exporting products to neighboring countries, seeks to expand its export market to other countries.
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Doroud, Arvand Oil Fields Up for Investment
TEHRAN (Shana) -- Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts known as Iran Petroleum Contract (IPC).
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Potential for Mansouri & Salman Development
TEHRAN (Shana) -- Iran hopes to bring its oil output to over 5 mb/d under its 20-year vision plan through 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.
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NISOC Reserves’ Value up $115bn
TEHRAN (Shana) -- National Iranian South Oil Company (NISOC) supplies over 80% of Iran’s crude oil and 16% of natural gas. As the largest subsidiary of National Iranian Oil Company (NIOC), NISOC runs 45 fields and 65 reservoirs covering 70,000 square kilometers stretching from Bushehr to Khuzestan provinces. Giant oil fields like Ahvaz, Gachsaran, Maroun, Aghajari, Karanj, Parsi and Bibi Hakimieh are among them.
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Iran Gas Transmission Fitted with New GIS Generation
TEHRAN (Shana) -- A new generation of geographic information system (GIS) has been installed in the pipeline projects of Iran Gas Transmission Company (IGTC), which would facilitate data storage, display and analysis. Assadollah Qanavati, director of engineering and planning at IGTC, said: “Using the system will allow for geographical data management, combining and overlapping different information sources and receiving answers from the descriptive and geographical information along with access to a variety of geographical analyses and preparation of charts, diagrams, reports and thematic maps along with three-dimensional display of information.”
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90% of Iran Gas Stations Active
TEHRAN (Shana) -- The CEO of the National Iranian Oil Products Refining and Distribution Company (NIORDC) said that more than 90% of the gas stations across the country have been activated, adding over 70% of the stations are expected to be linked to the smart fuel system by Friday.
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4,000 Filling Stations Running: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said nearly 4,000 filling stations are up and running in Iran, adding that there is no problem in supplying fuel in the country.
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Iran Gas Output to Reach 940 mcm/d in Winter
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said the country’s natural gas production would reach 940 million cubic meters per day during winter.
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Iran Fuel System Fully Functional in 2 Days: Owji
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji told visiting Iranian President Ebrahim Raisi to Ministry of Petroleum that over 3,000 filling stations are active and the whole fuel system of the country would become fully operational within the next one to two days.
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Refueling Active at 2,200 Filling Stations
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said refueling is up and running in 2,200 fuel supply stations throughout the country, and said: "I appreciate the dear people who were patient and cooperated with their servants in the Ministry of Petroleum and the National Iranian Oil Products Distribution Company (NIOPDC)."
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Fuel Supply Glitch in Filling Stations to be Solved in Hours: NIORDC CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Products Refining and Distribution Company (NIORDC) said the problem of fuel supply in all stations is being solved manually and it will be solved within the next few hours in all fuel supply stations across the country.
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Iran Eyes 1,100 Ton/Year Odorant Output by 2023
TEHRAN (Shana) -- The Deputy Minister of Petroleum for Gas announced that the country’s production capacity of odorant would reach 1,100 tons per year by 2023.
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3rd Iran-Germany Energy Working Committee Held
TEHRAN (Shana) – The Director General of Europe, US and Caspian Neighbors Office of the International Affairs and Trade Department of the Ministry of Petroleum said: "Considering Germany's membership in the European Union, the Energy Working Committee can play an effective role in expanding relations with other European countries and provide a good basis for cooperation with EU members."
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Owji Receives Turkmen FM
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji hosted a meeting with a Turkmen delegation headed by Rashi Muradov, Turkmen Minister of Foreign Affairs, in Tehran on Tuesday, October 26, 2021.
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Iran Determined to Settle Gas Debt to Turkmenistan
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji voiced Iran’s determination to pay the gas debt to Turkmenistan.
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Investigations ongoing to Resolve Smart Fuel System Glitch: MOP PR
TEHRAN (Shana) -- The General Directorate of Public Relations of the Ministry of Petroleum said efforts are underway to resolve an issue with the smart fuel system of the country, adding experts at National Iranian Oil Products Distribution Company (NIOPDC) are dealing with the matter.
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No Price Rise Planned for Energy Carriers
TEHRAN (Shana) -- The head of the Planning and Budget Organization said denied any increase in the price of energy carriers in the 1401 budget.
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106% Rise in Operating Income of Shiraz Petchem Plant
TEHRAN (Shana) -- Shiraz Petrochemical Company announced that in the first half of the current calendar year, which began on March 21, it had an operating income of 53,000 billion rials, up 106% year-on-year.
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Completing West Karun Projects Requires $11b: CEO
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company said that $11 billion is needed to complete the West Karun projects.
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3rd Iran-Germany Joint Energy Committee Meets
TEHRAN (Shana) -- The third meeting of the Iran-Germany Joint Energy Committee will be held on Tuesday, October 25.
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NIOC CEO Appoints PEDEC Chairman
TEHRAN (Shana) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojastehmehr appointed Abouzar Sharifi as a full member of the board of directors and CEO of the Petroleum Engineering and Development Company (PEDEC).
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Compensatory Projects Needed to Ensure Iran Sustainable Gas Supply
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the country would need to invest $65 to $89 billion to develop its oil and gas fields otherwise it will become a gas importer in the coming years.
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South Pars Gas Output Peaks: CEO
TEHRAN (ُShana) -- The CEO of Pars Oil and Gas Company said: "Gas production from South Pars has reached its peak.”
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Development of Refining Industries with Focus on Petro-Refineries on NIORDC Agenda
TEHRAN (Shana) -- Deputy Minister of Petroleum for Refining and Distribution Affairs said the Raisi administration is focused on launching petro-refining units industrial developments as energy hub, and at least one new refining unit with petro-refining approach in the refining sector.
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Petchem Investment Opportunities to be Unveiled
TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said 20 investment opportunities are ready to be unveiled in petrochemical projects, adding: "With small investments in these projects, sustainable revenue generation and job creation will be guaranteed for the country."