Iran
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Iran can cooperate with Algeria in Oil, Gas Studies: Speaker
TEHRAN (Shana) -- The Speaker of the Iranian Parliament said: “Iran and Algeria have the possibility to cooperate in the field of knowledge-based issues and infrastructure and energy studies, especially oil and gas.”
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Bidboland Refinery Processes Nearly 4 bcm in 9 Months
TEHRAN (Shana) -- The CEO of Bidboland Gas Refining Company announced that from the beginning of the current Iranian calendar year which began on March 21, processed more than 3.9 billion cubic meters of gas.
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South Pars Condensate Output at 700kb/d
TEHRAN (Shana) -- The head of production coordination and supervision of South Pars Gas Complex (SPGC) said SPGC is currently producing over 700,000 barrels of gas condensate and exports 480,000 tons/year of sulfur to east Asia.
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Iran Annual Gas Consumption beyond 228 bcm
TEHRAN (Shana) -- The director of coordination of gas supply of National Iranian Gas Company (NIGC) said Iran’s annual gas consumption is over 228 billion cubic meters of which 70% is consumed in the industrial sector.
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Gachsaran Petchem Project Online Soon
TEHRAN (Shana) – An official with the Persian Gulf Petrochemical Industries Company (PGPIC) said Gachsaran Petrochemical Project was about to be launched in the near future.
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98% Growth in Bou Alisina Petchem Revenue
TEHRAN (Shana) -- The financial director of Bou Alisina Petrochemical Plant, presenting the company's performance report, announced new production, sales and profitability records in the 9 months of the current Iranian calendar year which began on March 21.
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NIOC Eyes 0.9mbd Output Growth in 8 Years
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said plans are under way to bring Iran’s crude oil production capacity to 5.7 million barrels per day in a matter of 8 years.
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Reviving Low-yield Oil Wells Revives Capital in Iran: MP
TEHRAN (Shana) -- Tehran's representative in the Iranian parliament underlined the need for youth participation in different parts of the country, emphasizing the need to link the oil industry with scientific societies.
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SPGC Gas Production Fully Sustainable
TEHRAN (Shana) -- The CEO of South Pars Gas Complex said by taking effective and extensive measures and in order to maintain the stability of gas production, the power plant, substations and power lines of the complex are fully prepared for maintaining sustainable production.
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PGPIC, Top Iran Firm
TEHRAN (Shana) – Persian Gulf Petrochemical Industries Company (PGPIC) ranked first among the 500 top enterprises of the country by winning the first rank in the three indices of "sales value", "exports" and "highest market value".
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Pardis Petchem Co. Top Export-Oriented Firm in Iran
TEHRAN (Shana) -- Due to its brilliant performance in the field of product export, Pardis Petrochemical Company won the title of the country's top export-oriented company in the calendar year of 1401 which began on March 21.
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Digital Technologies Needed in Development of Petchem Projects
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said Iran's petrochemical industry should pay attention and emphasize the use of digital technologies in the path of sustainable and balanced development.
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Foreign Firms Keen to Invest in Downstream Petchem
TEHRAN (Shana) -- The CEO of Persian Gulf Petrochemical Development and Investment Group (PGPDIG) says the holding has currently more than $650 million worth of projects under way. He told “Iran Petroleum” some of Iran’s neighbors had called for joint venture with PGPDIC, expressing hope for the finalization of an agreement in the current calendar year.
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Mideast Oldest Refinery to Rejuvenate
TEHRAN (Shana) -- With the commissioning of the Abadan oil refinery development plan, for the first time in the Middle East, the largest crude oil vacuum and atmospheric distillationun its, hydrocracker and the tallest integrated crude oil furnace will be launched in this facility. This megaproject has been implemented in partnership with the Chinese. It is expected to be put into operation by March 2023.
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Iran Oil Refining Capacity to Hit 3mb/d
TEHRAN (Shana) -- Under the 7th National Economic Development Plan, Iran is required to reduce crude oil and natural gas sales by developing the value chain and bring its oil refining capacity to 3 mb/d. Meantime, Petroleum Ministry is following up on the completion of incomplete refining projects in light of the imbalance in petroleum products consumption in the country.
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Value-Creating Projects in Iran’s Oil Industry
TEHRAN (Shana) -- Over recent years, Iran's oil industry has enjoyed significant acceleration and progress in the exploitation of projects. By briefly reviewing the development process of the remaining phases of the massive South Pars gas field, other joint fields and implementation of various contracts in oil and gas fields, it could be construed that the development of Iran's oil industry has never stopped notwithstanding the sanctions, and has retained its role as the driver for growth, prosperity and wealth creation in the country’s economy. The present article aims at reviewing the development of some of the most important projects in Iran's oil industry since the 13th administration took office until the end of Iranian calendar year 1400 (March 20, 2022).
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Enhanced Recovery from 600 Wells Planned
TEHRAN (Shana) -- CEO of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr recently told a conference on oil and gas wells enhance recovery that $2.5 billion had been invested in the refinery of phase 14 of the giant offshore South Pars gas field. He said the 3rd train of SP14 refinery had become operational, adding: “The gas from the 3rd train of this refinery has been fed into the national gas distribution network. The next train is expected to become operational soon.”
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35 Pacts with Academic, Scientific Centers
TEHRAN (Shana) -- Realization of objectives set for a jump in knowledge-based production, revising instructions, bylaws as well as research project procedures for facilitation are among top priorities of the Office of Deputy Minister of Petroleum for Engineering, Research and Technology. This Office has adopted a comprehensive plan to follow up on 50 major subjects.
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9-Month Output of Ilam Gas Refinery up 9%
TEHRAN (Shana) -- The CEO of Ilam Gas Refining Company announced a 9% increase in output and a 16% rise in sales of the company's items in the first nine months of the current Iranian calendar year which began on March 21.
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Fajr Jam Refinery Processes 15 bcm Gas in 9 Months
TEHRAN (Shana) -- The CEO of Fajr Jam Gas Refining Company, referring to the cold season of the year and the stability of production in this company, stated: “In the first 9 months of this [calendar] year, about 15 billion cubic meters of gas have been processed in this company.”
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Iran Boosts Gas Output by 6.5 mcm/d
TEHRAN (Shana) -- The CEO of Gachsaran Oil and Gas Production Company stated in recent days, with the initiatives that were taken, “we managed to add 6.5 million cubic meters per day to the country's gas output.”
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New Record Set in Iran Gas Production
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “In these days, the highest amount of gas recovery from independent and joint gas fields was set, which is a new record in the 13th government.”
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Masjid Soleyman Petchem Plant to Boost Output
TEHRAN (Shana) -- The CEO of Masjid Soleyman Petrochemical Plant announced plans to increase the production capacity of this complex by 10 to 15%.
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National Gas Distribution Network, Stable
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji emphasized that the national gas distribution network is stable throughout the country.
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South Pars Phase-11 Development Plan ready for Startup Soon
TEHRAN (Shana) – The Iranian President said: “The supplementary operations of Phase-11 of South Pars continued strongly after the foreign companies pulled out of the project and will reach the final stages in the near future.”
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Salman Farsi Propylene Project, 67% Complete
TEHRAN (Shana) -- The CEO of Salman Farsi Petrochemical Project said the progress of this strategic and important project, which is being carried out for the first time in the country, has reached 67%.
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Hasheminejad Refinery Gas Output up 3 mcm/d
TEHRAN (Shana) – The CEO of Shahid Hasheminejad Gas Refinery announced the increase in gas production of the refinery by 3 million cubic meters per day despite the persistence of cold weather.
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Iran Plans Lifting Offshore Oil Output
TEHRAN (Shana) -- Iran’s comprehensive plan to increase oil output is followed up on in line with the objectives already envisaged for economic prosperity. Therefore, Petroleum Ministry has instructed National Iranian Oil Company (NIOC) with a plan to use its oil fields to increase oil output. Using offshore and onshore oil fields is among plans to that end with joint fields being prioritized. Here we review the Iranian Offshore Oil Company (IOOC)’s oil output hike. IOOC is tasked with operating oil and gas fields off the Persian Gulf.
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Exploration Talks with 3 Countries
TEHRAN (Shana) -- The head of exploration at National Iranian Oil Company (NIOC) has said talks have been held with three countries for implementation of oil and gas exploration projects.
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Focus on Caspian Sea Oil/Gas Swap
TEHRAN (Shana) -- Iran enjoys great potential for delivering oil, gas and petroleum products to regional and global markets, due to its geographical position and potential energy and mining reserves. Having such potential in mind, efforts have started to put the country on the path to becoming the energy hub of the region. The first step was the signing a gas swap agreement for the delivery of Turkmenistan’s gas to Azerbaijan via Iran’s territory. Now, as the 13th administration is in its second year in office, the focus is on exporting products, bartering and swapping via the Caspian Sea, in which case, cooperation is planned with foreign firms including Russian companies.