Iran
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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.”
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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.
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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.
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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).
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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.”
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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.
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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.”
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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.
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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.
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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.
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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.
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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.
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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.”
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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.”
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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."
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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.
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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).
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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.
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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.
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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.
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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.
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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 .”
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LPG Exports to Earn Iran $360mn Annually
TEHRAN (Shana) -- Having exported 2,000 tonnes of liquefied petroleum gas (LPG) offshore for the first time from the Shahid Bahonar jetty, Iran has joined countries exporting LPG offshore. With the offshore export of LPG, some obstacles ahead of transiting this valuable product have been removed and transportation costs have been saved on at National Iranian Oil Products Distribution Company (NIOPDC). Meantime, according to National Iranian Gas Company (NIGC), LPG exports have increased 20% year-on-year, which would earn the country big hard currency revenue.
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Higher Gas Supply Eyed
TEHRAN (Shana) -- During the past year, along with the significant boost in Iran’s energy diplomacy in the region and Latin America, petroleum industry experts have been seriously thinking about increasing the gas production capacity in order to get a larger share of the gas trade, and in this context, the South Pars gas field has always been a source to rely on.
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PSEEZ More Welcoming to Foreign Firms than Ever
TEHRAN (Shana) -- Since 1998, Iran’s Petroleum Ministry has invested $81 billion in the upstream sector and $30 billion in the downstream sector of Pars Energy Special Economic Zone (PSEEZ). Now the CEO of the organization says that thanks to the bylaw recently signed off on by Minister of Petroleum Javad Owji, the conditions have dramatically improved for the presence of foreign companies through just registering their company in the Islamic Republic of Iran. This is while the Petroleum Ministry sticks to its policy of supporting domestic and foreign investors. The exclusive interview of “Iran Petroleum” with Sakhavat Asadi, the PSEEZ CEO, is as follows:
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ICOFC Testing Waters for Enhanced Crude Output
TEHRAN (Shana) -- The project to maintain and enhance the oil output rate in the Iranian Central Oil Fields Company (ICOFC) in the Danan, Saadat Abad and NaftShahr oil fields is in the final stages of implementation.
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Iran adds 10 mcm/d to Gas Output by Plant Overhaul
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said that by the end of the NGL 1000 overhaul operations, 10 million cubic meters per day of gas was added to the gas production capacity of the country.
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PUT, BSTU to sign MoU
TEHRAN (Shana) – Iran’s Petroleum University of Technology (PUT) and the Belarusian State Technological University (BSTU) will sign a memorandum of understanding for cooperation through video conference in the presence of the chancellors of the two universities.
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Iranian Researchers Advance Petchem Technique
TEHRAN (Shana) -- The researchers of the Faculty of Mechanical Engineering, University of Tehran, succeeded in modeling, optimizing and designing primary burners to provide the heat energy required for the endothermic reaction of methanol production from natural gas in the country's petrochemical industry using numerical analysis.
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10% Rise in gas storage of Shourijeh Reservoir
TEHRAN (Shana) -- The CEO of Shahid Hasheminejad Gas Refining Company announced a 10% increase in gas reserves of the Shourijeh reservoir in the 8 months of the current Iranian calendar year (which began on March 21) compared to the same period last year.