Iran Resumes Gas Exports to Turkey

TEHRAN (Shana) -- The Director of Dispatching at National Iranian Gas Company (NIGC) announced that Iran’s gas flow to Turkey resumed after completion of the agreed repairs.

Iran to Boost Gas Exports to Iraq

TEHRAN (Shana) -- The director of dispatching of the National Iranian Gas Company (NIGC) announced the increase in Iran’s gas exports to Iraq in the calendar year of 1401 which began on March 21.

Iran Oil Exports Underway Uninterrupted: Min.

TEHRAN (Shana) – The Iranian Minister of Petroleum said: “Iran's crude oil exports are being carried out without any problems to the target markets.”

19% Y/Y Rise in 5-Month Iran Gas Exports

TEHRAN (Shana) -- The deputy petroleum minister for gas affairs announced that Iran's gas exports have increased by 19% in the first 5 months of the current calendar year, which began on March 21 compared to the same period last year.

NIOC Announced Iran Crude Price for October Delivery

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has increased the official selling price of all types of crude oil for delivery to Asian customers in October.

Karoon Petchem Plant Unveils 5th Knowledge-based Item

TEHRAN (Shana) -- Karoon Petrochemical Company has unveiled its fifth knowledge-based product, in cooperation with a knowledge-based company, which can save $10 million by meeting domestic needs.

Iran to Export $2.5b CNG Technical, Engineering Services to Nigeria

TEHRAN (Shana) -- A member of the CNG Trade Union of Iran announced the export of 2.5 billion dollars of CNG technical and engineering services to Nigeria in the near future.

$100m FDI to Build LPG Export Terminal

TEHRAN (Shana) – The CEO of the National Iranian Oil aCompany (NIOC) said a foreign direct investment (FDI) of 100 million dollars has been allocated for establishment of a liquefied petroleum gas (LPG) export terminal in Iran.

Iran Starts LPG Export in Bandar Abbas

TEHRAN (Shana) -- Exploiting the marine export plan of liquefied petroleum gas (LPG) has prevented the annual waste of 2,000 tons of LPG that was burned in the past, and in addition, it will bring the country up to $360 million dollars of income annually.

Iran Sends Technical Team to Help in Cuba Oil Tank Fire

TEHRAN (Shana) -- In line with the goals of activating energy diplomacy by the Iranian Ministry of Petroleum, after a massive fire occurred in oil facilities in Cuba by lightning, a group of Iranian experts were sent to help the country.

Iran sees 580% Growth in 4-Month Oil Income

TEHRAN (Shana) -- The Iranian Minister of Economic Affairs and Finance announced that Iran’s revenue collection has increased by 580% from the sale of oil and gas condensates in the first 4 months of the current calendar year, which began on March 21.

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."

Turkmenistan Seeking more Gas Swap to Azerbaijan, Neighboring Countries

TEHRAN (Shana) – The Iranian Minister of Petroleum said: "In a meeting with the Deputy Chairman of the Cabinet for Oil and Gas Affairs of Turkmenistan, the other side asked us to increase gas swaps to Azerbaijan and other neighboring countries, to which we announced our readiness."

Iran Policy in Sale of Oil, Condensate Active Marketing: Spokesman

TEHRAN (Shana) -- The government spokesman said: "Iran's policy in the field of selling oil and gas condensate is active marketing, and today a significant amount of oil is sold and the resulting hard currency is returned to the country."

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.”

Iran Oil Exports Well: Min.

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji described the status of sales of Iranian crude oil and petroleum products as favorable.

Petrol to Build Downstream Parks

TEHRAN (Shana) -- The CEO of Petrol announced the construction of two new downstream parks as the company's future plans.

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.

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.

No Limits in Talking with Foreign Investors: NIOC Official

TEHRAN (Shana) -- The director of investment and business of the National Iranian Oil Company (NIOC) said: "Negotiations with domestic and foreign investors in the oil industry are being pursued and there are no restrictions for this sector."

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.

NIORDC CEO: Refining Sector Ready to Export Technical, Engineering Services

TEHRAN (Shana) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) on Sunday voiced the refining sector’s readiness to export technical and engineering services.

Iran Oil Show Opens with 1,244 Exhibitors

TEHRAN (Shana) – The 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show) kicked off on Friday with 1,244 exhibitors from 11 countries at Tehran’s permanent fairgrounds.

New Chapter Opens in Tehran-Havana Relations

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji and Cuban President Miguel Diaz-Canel signed memoranda of understanding to expand cooperation between the two countries in various economic sectors.

Iran Keen on Tapping Capacity of Iran-Venezuela Ties: Owji

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said in his twitter account: "We want to use all our capacities to develop bilateral relations and cooperation.”

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.

IOOC Plans to Enhance Output

TEHRAN (Shana) -- The CEO of the Iranian Offshore Oil Company (IOOC) outlined the company's significant steps to increase oil production capacity from Iran's offshore fields in the Persian Gulf and restore production capacity to before the sanctions.