Iran
-
85% of Oil, Gas, Petchem Equipment Locally Manufactured
TEHRAN (Shana) -- The chairman of the board of directors of the Association of Oil Industry Equipment Manufacturers said 40% of the manufacturing capacity of the association is empty, adding: “Currently, 85% of oil, gas and petrochemical equipment is produced inside the country.”
-
UPDATED--NIOC not waiting for Foreigners
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the company would welcome the arrival of foreign investment, saying: "If for any reason foreign investment is not materialized, different scenarios are on the table and we will not keep waiting for them."
-
NIDC Drills 46 Oil, Gas Wells in 8 Months
TEHRAN (Shana) -- The Deputy CEO of the National Iranian Drilling Company (NIDC) announced the drilling and completion of 46 oil and gas wells in the onshore and offshore oil-rich regions of the country in the first eight months of the current Iranian calendar year which began on March 21.
-
NPC CEO Appointed
TEHRAN (Shana) -- The Minister of Petroleum appointed Morteza Shahmirzaei as Deputy Minister and CEO of the National Petrochemical Company.
-
Iran Gas Consumption Exceeds 700mcm
TEHRAN (Shana) – Iran’s gas consumption has exceeded 700 million cubic meters in the past 24 hours, said the dispatching director of the National Iranian Gas Company.
-
Iran Eyes More Oil Sales in Coming Months
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: "In the coming months, more success will be achieved in the export of crude oil and gas condensate."
-
Financing of Dehloran Petchem Project should Accelerate: Official
TEHRAN (Shana) -- The Chairman of the Board of Directors of the Oil Industry Pension Funds said financing of Dehloran Petrochemical Project should be accelerated so that this project could be put into operation in a reasonable time.
-
Owji Receives Deputy Prime Minister of Azerbaijan
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji hosted a meeting with Shahin Mustafayev, Deputy Prime Minister of the Republic of Azerbaijan, on Sunday, November 21, 2021.
-
NIOC Seeking Win-Win Opportunities in Investment Sector: CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) emphasized the need to facilitate investment in the oil industry, saying: "When we say we should improve contracts and increase bargaining power and attractiveness of projects, it does not necessarily mean changing the nature of past methods, but seeking to improve and create winning opportunities in the investment sector.”
-
Iran Petrol Consumption Hits 90ml/d
TEHRAN (Shana) -- The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) criticized the cessation of development measures in the refining industry during the past years and said: “Completion of development plans for Isfahan and Abadan refineries, construction of a new refinery of 300,000 barrels and development of product transfer and storage industry are among our plans in the new period.”
-
15th Iran Plast Exhibition to be held from February 7 to 9
TEHRAN (Shana) -- The 15th Iran Plast International Exhibition will be held at the permanent fairgrounds of Tehran from February 7 to 9.
-
South Pars Gas Condensate Loading Capacity Up
TEHRAN (Shana) -- The operator of phase 19 of South Pars announced the loading of the shipment of one million barrels of gas condensate through the single point mooring (SPM) of phase 19 of South Pars.
-
Loading 1st Gas Condensate Cargo from Largest SPM in South Pars
TEHRAN (Shana) -- With the first loading of gas condensate from the Single Point Mooring (SPM) of phase 19 of South Pars (the fourth South Pars SPM), this facility joined the country's export terminals in South Pars and thus the export capacity of gas condensate in this field increased by 32%.
-
Tehran, Baku to Sign New Cooperation Docs
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji and the Deputy Prime Minister of the Republic of Azerbaijan announced the signing of new documents on Tehran-Baku cooperation in the oil and gas sector in the near future.
-
Embassy of the Russian Federation in Tehran:
False News by Western Media Aimed at Damaging Iran-Russia Relations
TEHRAN (Shana) -- The Russian embassy in Tehran has denied reports by certain Western media outlets that the Russian Federation has access to the Caspian Sea gas field.
-
MOP Boosting Iran Oil Sales: MP
TEHRAN (Shana) -- The spokesman of the Energy Committee of the Islamic Consultative Assembly said: "With the efforts made by the Ministry of Petroleum, we are witnessing an uptick in the sale of oil and products and the return of its resources to the country, which is to be appreciated."
-
Electrocompressor Gearbox of Tabriz Gas Pressure Boosting Facility Localized
TEHRAN (Shana) -- The CEO of Iran Gas Transmission Company announced the successful repair and testing of the Revolving Planetary Gear module of the electrocompressor gearbox of Tabriz Gas Pressure Boosting Facility for the first time in the country.
-
Bolivia presides over the 23rd Ministerial Meeting of the Gas Exporting Countries Forum
DOHA (Shana) -- The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on 16 November 2021, under the Chairmanship of HE Franklin Molina Ortiz, Minister of Hydrocarbons and Energies of the Plurinational State of Bolivia as its President. The meeting was convened by videoconference.
-
16-inch Maroon Gas Injection Pipeline Secured
TEHRAN (Shana) -- The 16-inch outlet line of the Maroon Gas Injection Station, which suffered a minor leak and fire at 7:15 a.m. today (Wednesday, November 17), has been secured.
-
Owji Addresses GECF Meeting
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji addressed the 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) which was held virtually on Tuesday.
-
The 23rd GECF Meeting Begins
TEHRAN (Shana) -- The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) started a few minutes ago via video conference.
-
23rd GECF Ministerial Meeting to be held on Tuesday
TEHRAN (Shana) -- The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will be held by video conference on Tuesday afternoon, November 16, 2021
-
Iran Gas Consumption Equal to 12 Rich European Countries: NIGC
TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) said Iran is the third largest producer of gas in the world and the fourth largest consumer after Russia, the United States and China, and the amount of gas consumed in Iran is almost equal to that by 12 rich European countries.
-
Iran Slowly Boosting Oil Sales: MP
TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Consultative Assembly said: "Iran is slowly increasing oil sales and with the plans made, we can hope for more exports."
-
Unprecedented Rise in Gas Consumption
TEHRAN (Shana) -- The deputy director of the dispatching center of the National Iranian Gas Company (NIGC) called the amount of gas consumption in the domestic sector in November unprecedented, and said: “Gas consumption in the domestic sector has reached the highest figure in the last five years, reaching 490 million cubic meters per day.”
-
No Plan to Raise Gas Price: Owji
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said no plans are on the table for raising the price of gas for consumers, adding 25 percent of high-consumption and bad-consumption gas subscribers take up about 50 percent of domestic gas who will be fined.
-
$11b Investment Needed in Iran Offshore Gas Fields
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said roughly $11 billion will be invested to bolster gas production from Iran’s offshore fields by 240 million cubic meters.
-
$4b Needed to Recover 100mcm/d Gas from North Pars
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said with a $4-billion investment in the development of the North Pars field, 100 million cubic meters per day of gas will be produced from the field.
-
Completion of 1st Sweetening Train of Phase 14, NIOC Priority
TEHRAN (Shana) -- The Deputy of Production at the National Iranian Oil Company (NIOC) said: "Operation of the first gas sweetening train of phase 14 refinery by early December is an important priority for the Company.
-
Hard Currency Resources from Oil Exports Up: CBI
TEHRAN (Shana) -- The spokesman of the Program and Budget Committee of the Islamic Consultative Assembly said: "According to the report of the Governor of the Central Bank of Iran, the total hard currency resources from oil, gas, gas condensate exports have risen significantly compared to last year."