Gas
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Iran, Russia to Sign Gas Deal Soon
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said constructive negotiations are going on with the special assistant of the President of Russia, adding: "In the very near future, the final contract for the purchase and swap of gas from Russia will be signed between the National Iranian Gas Company (NIGC) and the Russian side in Moscow."
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Iran Earmarks $5.5b to Develop Khami Group Fields
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the development of the fields of Khami Group were to be developed with an investment of 5.5 billion dollars for the first time.
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Hormuzgan to Turn into Refining Hub of Iran
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said numerous projects have been defined in the southern province of Hormuzgan to turn it into a refining hub within years.
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Iran Eyes $400m/y Profit in Kish Gas Project
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said an annual $400 million of hard currency earning will be one of the benefits of developing a gas transmission project to Kish Island.
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IOEC Completes 1st stage of South Pars Phase 16 Pipe Laying
TEHRAN (Shana) -- Specialists of the Iranian Offshore Engineering and Construction Company (IOEC) successfully completed the shore pull operation of the new 32-inch pipeline of phase 16 of South Pars gas field.
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Cuban Ambassador thanks MoP for Helping Contain Cuba Oil Fire
TEHRAN (Shana) -- The Cuban ambassador in Tehran announced Iran's help in controlling the fire in the Cuba’s oil tanks and appreciated the cooperation of the Iranian Ministry of Petroleum in the operation.
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Iran Gas Production Unaffected by Sanctions: Official
BUSHEHR (Shana) -- Iran's gas production is not affected by the sanctions and National Iranian Gas Company (NIGC) is committed to curb gas flaring pollution, said the director of production coordination and supervision of NIGC.
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Russians capable of Joining Iran Oil Projects: Expert
TEHRAN (Shana) -- An economic expert said the Russians have signed oil and gas contracts with Iran in recent years and have fulfilled their commitments well, adding: “In my opinion, the Russians have the necessary financial and technical capabilities, and on the other hand, we desperately need this capability, so I think there is a possibility that many of these projects will be implemented and we should not be disappointed.”
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Offshore Pipe Laying Operation at 1st Phase 11 Platform Complete
TEHRAN (Shana) -- The offshore pipe laying operation of the gas transmission line of the first platform of Phase 11 of South Pars gas field has been completed in the Persian Gulf.
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Petrorefinery, Refinery Financing MoU Signed with Banks
TEHRAN (Shana) – A memorandum of understanding (MoU) has been signed for financing and participation in construction of the 300kb/d Shahid Qassem Soleimani Petrorefinery and 300kb/d Morvarid Makran Refinery with domestic banks and financing institutions.
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Iran Bracing to become Regional hub for Russian Gas
TEHRAN (Shana) – A senior energy expert says following the Ukraine war, Iran has the chance to use Russia’s excess gas export capacity to become a regional hub for the item.
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Iran Gas Output to Jump 150mcm/d with Russian Support
TEHRAN (Shana) – A senior official with the National Iranian Oil Company (NIOC) says Iran’s natural gas production capacity would see a 150-mcm/d rise with the development of Kish and North Pars gas fields which have been covered in a recent memorandum of understanding between NIOC and Russia’s Gazprom.
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CEO Speaks of Untold details about $40 bn Deal with Russia
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said a contract for the development of 7 oil fields worth 4 billion dollars has been signed with Russian companies and it is progressing despite the sanctions.
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Shahid Hasheminejad Gas Refinery Yielding 1,500 t/d of Sulfur
TEHRAN (Shana) -- The CEO of Shahid Hasheminejad Gas Refining Company said the plant was currently producing 1,500 tons of sulfur per day.
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Syria’s territorial integrity is crucial and a military attack on Syria is harmful to Turkey and the region
TEHRAN (Shana) -- Recep Tayyip Erdogan, the President of Turkey, and his accompanying delegation met with Imam Khamenei on July 19, 2022. President Raisi was also present at the meeting. Speaking at the meeting, the Leader of the Islamic Revolution stressed the necessity to increase cooperation between the two countries, particularly in financial areas. He described the Zionist regime as being the main element in creating discord between Islamic countries.
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Turkey, Iran ink MoU
TEHRAN (Shana) -- The official ceremony of signing a Memorandum of Understanding (MoU) between Turkey and Iran has been held in the presence of both countries' presidents and ministers.
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Tehran, Ankara Vow to Expand Trade
TEHRAN (Shana) -- Tehran was the focus of attention on Tuesday. It hosted two presidents, Recep Tayyip Erdogan of Turkey and Vladimir Putin of Russia.
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Continuation of Development Process of Tehran-Moscow Strategic Ties Stressed
TEHRAN (Shana) -- The latest state of bilateral relations between the Islamic Republic of Iran and the Russian Federation was discussed in the meeting of the presidents of the two countries, and the development of relations between the two countries in various fields was emphasised.
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Presidents of Iran, Russia and Turkey Address Joint Press Conference
TEHRAN (Shana) – Iranian President Ebrahim Raisi said, "In the meeting of the heads of the countries that are the guarantors of the Astana Process, it was emphasised that "the presence of the Americans in Syria under any pretext is not good and they should leave this region", "any action that leads to the violation of Syrian sovereignty should be avoided" and "The attacks of the Zionist Regime on Syria are a violation of the sovereignty of this country and against international laws."
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NIOC cements Largest FDI Deal with Gazprom
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the memorandum of understanding with Gazprom is one of the biggest foreign direct investment deals in the history of Iran's oil industry, and said: The National Iranian Oil Company does not ignore any investment opportunity.”
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Iran, Russia Key in Ensuring Global Energy Security: CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) stressed the role of Iran and Russia in the stability of energy supply in the world.
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South Pars 5th Refinery Supplies 6 mb of Gas Condensate in Q1
TEHRAN (Shana) -- The director of the fifth refinery of South Pars Gas Complex said the plant supplied 6 million barrels of gas condensate in the first 3 months of the current calendar year, which began on March 21.
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Mechanical Seal O-Rings of Tenge Bijar Gas Liquids Pumps Localized
TEHRAN (Shana) -- The o-rings of the mechanical seals of Tenge Bijar gas condensate transfer pumps were localized and replaced with the DuPont o-rings by the engineers of this company and the Research Institute of Petroleum Industry (RIPI).
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Tehran, Dushanbe Seeking Enhanced Energy Ties
TEHRAN (Shana) -- Continuing the path of reviving Iran's energy diplomacy, the Deputy Petroleum Minister for International Affairs and Trade met with a delegation from Tajikistan headed by the Deputy Minister of Industry and New Technologies to emphasize the development of economic cooperation between the two countries.
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Iran Ready to Export Technical, Engineering Services to Iraq
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company announced Iran's readiness to export technical and engineering services to Iraq, saying: "Iran wants to benefit from Iraq's participation in the development of the oil and gas industry."
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Stunning Oil Revenue Rise under Raisi
TEHRAN (Shana) – Iran’s crude oil exports and revenues under President Raisi administration have increased dramatically given its active energy diplomacy.
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Widely-Used Items in South Pars Platforms to be Localized
TEHRAN (Shana) -- The deputy of the domestic manufacturing committee in Pars Oil and Gas Company announced localization of 19 widely-used parts of South Pars rigs by October.
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Iran, Kazakhstan Sign Energy Cooperation MoU
TEHRAN (Shana) – A Memorandum of Understanding on oil and gas cooperation was signed by the CEO of the National Iranian Oil Company in the presence of the Presidents of Iran and Kazakhstan.
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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."
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Iran receives Gas Dues from Iraq
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced in his latest Twitter post the receipt of gas export arrears from Iraq that amounted to $1.6 billion.