Shana

Production Maximum at Independent Gas Fields in Iran: Minister

TEHRAN (Shana) -- The Iranian Minister of Petroleum warned over-consumers of gas in the domestic sector: “Wherever gas consumption is out of the pattern, we will first give a warning and then cut off the gas flow.”

Gas Output of Nar Field up 300k cm/d

TEHRAN (Shana) – The head of petroleum engineering of the South Zagros Oil and Gas Production Company underlined the restoration operations on a well in the Nar gas field, announcing an increase of 300,000 cubic meters per day in the field's production capacity.

PUT Ranks First in Iran, ME, 7th in World

TEHRAN (Shana) -- According to the Scimago Ranking System, the Petroleum University of Technology (PUT) was ranked first in Iran, first in the Middle East, and seventh in the world in the field of geology.

Petchem exports Rise in Assaluyeh

TEHRAN (Shana) -- The CEO of Pars Special Economic Energy Zone Organization (PSEEZ) announced a 50% increase in the export of this region compared to the previous year.

Iran 9-Month Petchem Output Up 7% Y/Y

TEHRAN (Shana) – Iran’s petrochemical output reached 53 million tons in the first months of the current Iranian calendar year, up 7% compared to the same period last year.

Preparations Made for Gas Supply on Cold Days: Minister

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “Our colleagues in the Ministry of Petroleum and the National Iranian Gas Company (NIGC) are on full alert on the production platforms and upstream and downstream fields, refineries and transmission lines, and the gas network is stable.”

Tehran, Moscow Keen on Bolstering Energy Ties: Spokesman

TEHRAN (Shana) -- The spokesperson of the Ministry of Foreign Affairs said Iran and Russia have held talks on the development of relations at different levels, and increasing cooperation in the field of energy is also of interest to the two countries.

Ilam Gas Refinery Uses Domestic Molecular Sieve, Catalyst

TEHRAN (Shana) -- The CEO of Ilam Gas Refining Company said the plant uses domestically manufactured molecular sieves and catalysts, which European companies previously supplied, to support knowledge-based companies and facilitate the booming Iranian goods market.

Iran-made Gas Lift Equipment Unveiled

TEHRAN (Shana) -- Iranian-made gas lift equipment has been unveiled with the support of the National Iranian South Oil Company (NISOC).

PGPIC Backs Creative Ideas: CEO

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) announced the priority of this company to increase the production of products, and said: “In this field, we welcome creative ideas.”

Iran Eyes 1.5 bcm/d Gas Output by 2030

TEHRAN (Shana) – The Deputy Petroleum Minister for Planning said according to the needs of the country, Iran must increase its gas production, and for this purpose, 80 billion dollars must be invested within the next eight years so that the daily production of gas will reach 1.5 billion cubic meters per day by 2030.

Petchem Self-Sufficiency, Definitive NPC Policy

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) called self-sufficiency in the petrochemical industry as the definitive policy of the company, and said: “An integrated planning has been done to bring the missing links of the petrochemical value chain products inside with the cooperation of various sectors.”

Iran to Launch $8b Oil Projects by March 2023

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said a number of unfinished petroleum projects worth $8 billion in total are scheduled to come on stream by the end of the current Iranian calendar year to March 23, 2023.

87% rise in Bu Alisina Petchem Revenue

TEHRAN (Shana) -- Bu Alisina Petrochemical Company’s revenue in the first three quarters of the current Iranian calendar year which started on March 21 reached Rls. 360,000 billion, up 87% year-on-year.

South Pars Phase-19 Flaring Lowered Dramatically

TEHRAN (Shana) -- The director of the 10th Refinery of the South Pars Gas Complex said by carrying out repairs of critical equipment at the refinery, a stunning reduction in the gases sent to the flare stacks has happened in the refinery.

National Conference on Diplomacy, Cross-border Environmental Challenges to be held

TEHRAN (Shana) -- The Center for Political and International Studies of the Ministry of Foreign Affairs, in cooperation with a number of executive and specialized agencies, including the Ministry of Petroleum, is organizing the first national conference on diplomacy and cross-border environmental challenges.

36% Growth in Shiraz Petchem Sales

TEHRAN (Shana) -- The sale of petrochemicals in Shiraz Petrochemical Plant hit 198,000 tons in the month of Azar (9th month in the Iranian calendar, November 22-December 21) which shows a 36% growth month on month.

Iran Oil Sales, Steady, Growing: Spokesman

TEHRAN (Shana) -- The government spokesperson announced the continuous increase in the export of crude oil and gas condensate, and said: "Last month, we saw record exports since the beginning of the new round of sanctions, i.e. since 2018.”

Bu Alisina Paraxylene Unit Online Soon

TEHRAN (Shana) – The Deputy CEO of Bu Alisina Petrochemical Company announced the final stages of setting up the paraxylene unit in cooperation with Iranian companies, and said: “This unit will be ready for operation in February this year.”

NPC Eyes average value of Iran Petchems at $5k/t

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) stressed that all petrochemical industry activists should bring their abilities to the field to complete its value chain, and said: "We should bring the average value of petrochemical products to at least 4,500 to 5,000 dollars per ton."

Petchem trading up 13% on IME

TEHRAN (Shana) – A board member of the Iran National Plastic and Polymer Industries Association announced a 13% increase in the trading volume of petrochemicals on the Iran Mercantile Exchange (IME) from the beginning of the current Iranian calendar year on March 21. compared to the same period last year.

Bandar Imam Petchem Plant Ready to Finance NISOC Projects

TEHRAN (Shana) -- The CEO of Bandar Imam Petrochemical Company announced the company's readiness to invest in the optimization and maintenance projects of liquefied gas facilities of the National Iranian South Oil Company (NISOC).

First Vice President:

$200 b Earmarked for Iran Major Projects

TEHRAN (Shana) -- The first vice president said 200 billion dollars have been earmarked for the country's major projects in various sectors, including oil, industry, water, and electricity.

Most Advanced Chemical Wastewater Treatment Plant Launched in Ilam

TEHRAN (Shana) -- The ultra-saline wastewater treatment project of Ilam Petrochemical Complex using the "ZLD" system was launched for the first time in Iran.

Iran 8-Month Petchem Output at 47 mt

TEHRAN (Shana) – Iran’s petrochemical output reached 47 million tons in the first 8 months of the current Iranian calendar year which began on March 21.

1st Methanol to Synthetic Ethanol Plant to be built in Iran

TEHRAN (Shana) – A methanol-to-synthetic ethanol conversion plant will be built for the first time in the country's petrochemical industry with the signing of the technology transfer agreement for this project between Zagros Petrochemical Company and China's Dalian.

Iran Rich gas Output hits 1.04 bcm/d

TEHRAN (Shana) -- The director of production supervision of National Iranian Oil Company (NIOC) said: “Currently, NIOC produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, of which about 980 mcm are delivered to National Iranian Gas Company (NIGC) for distribution .”