Iran
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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.
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COP27; Climate and Energy
TEHRAN (Shana) -- Once in a year, delegates from almost 200 countries gather togetherseeking ways and means to keep climate change from spiraling out of control. This time, they met in Sharm El-Sheikh, Egypt, for the 27th Conference of the Parties (COP) that was originally shaped up back in 1994 when members of the United Nations agreed to convene and officially address climate change with an unprecedented determination. COP gained momentum and moved into center stage during Paris Conference of the Parties when decision was made to move from words and declarations to accountability, costs and damages. This institutionalized COP and countries began to address the topic at national, regional and international levels.
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Flare of Bilal Gas Field Lit
TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (PGOC) announced that the flare of the Bilal gas field was lit as gas has reached the appraisal well of the offshore field.
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5% Rise in South Pars Gas Output
TEHRAN (Shana) -- The CEO of South Pars Gas Complex said over the past 23 days since December 22, more than 15 billion cubic meters of gas has been injected into the national distribution network by this complex, which is a 5% increase compared to the same period last year.
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High-Pressure Gas Network Stable in North, Northeast of Iran
TEHRAN (Shana) -- The Dispatching Director of the National Iranian Gas Company (NIGC) announced that the high-pressure gas network in the north and northeast of Iran is now stable.
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Iran Gas Distribution Network, Stable: Minister
MASHAD (Shana) -- The Iranian Minister of Petroleum, emphasizing on saving and optimizing gas consumption, announced that the gas network is stable throughout the country.
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1,386 items Localized by SPGC
TEHRAN (Shana) -- The CEO of South Pars Gas Complex (SPGC) announced that with the innovative and creative actions of specialists and employees of the central workshop of the complex, more than 1,386 parts and equipment have been localized.
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Iran Ready for Energy Cooperation with Lebanon
TEHRAN (Shana) – Stating that Tehran will remain Beirut's friend during difficult times, the Iranian Minister of Foreign Affairs said Iran is ready to cooperate with Lebanon in economic, commercial and energy fields.
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Bandar Imam Petchem Plant to Build New PVC Unit
TEHRAN (Shana) -- The head of the PVC complex of Bandar Imam Petrochemical Company announced the beginning of studies for the construction of a new PVC unit in the complex.
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Owji Leaves Tehran for Mashhad to Oversee Gas Supply in Northeastern Cities
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji flew to Mashhad on Sunday to conduct a field survey of the country's northeast gas distribution network and examine methods to prevent pressure drops in the area.
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CEO Calls on Petchem Investors to Tap Domestic Capabilities
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) addressed the executives and investors of petrochemical projects, and said: “Try to use the abilities, knowledge and capacities of domestic companies more than before.”
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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.”
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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.
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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.
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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.
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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.