Owji
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Iran Eyeing $115bn in Profits by Developing Azadegan Oilfield: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji says development of Azadegan Oilfield would generate $115 billion in revenue and 24,000 jobs.
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Iran to Invest $7bn in Azadegan Oilfield Development
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said an investment of 7 billion dollars was planned in the development of Azadegan Oilfield, most of which to be provided by Iranian banks, development companies and the National Development Fund of Iran (NDFI).
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Construction of Golestan Petchem Plant to begin Soon
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the development of Golestan Petrochemical Plant will begin soon.
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Oil Minister: Global Oil Market Needs a Rise in Iran Supply
TEHRAN (Shana) -- Jeopardizing energy security and heightening market volatility have lose-lose outcomes for all players, Iranian Minister of Petroleum said on Thursday, adding global oil market needs an increase in Iran oil supply.
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Oil Minister Warns of Global Energy Insecurity with Continued Sanctions on Iran
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said on his Twitter account that one of the main reasons for the endangerment of world energy is the oppressive sanctions against Iran, as the owner of the world’s largest oil and gas reserves.
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40% Growth in Receipt of Oil Revenues: Min.
TEHRAN (Shana) – The Iranian Minister of Petroleum said the country’s receipt of oil revenue has increased by 40% in the first quarter of the current calendar year, which began on March 21 compared to the same period last year.
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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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Top Iran Oil News of the Week
TEHRAN (Shana) – The top news of the week included Iranian Minister of Petroleum Javad Owji’s visit to Azerbaijan, the presence of the Minister of Petroleum in the National Day of Russia, the appointment of new members of the Board of Directors of the National Iranian Oil Company, and more.
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Iran’s Energy Diplomacy in Latin America
TEHRAN (Shana) -- Growing demand for energy has intensified international rivalry over access to energy resources. Therefore, various nations are trying their best to adopt an effective and efficient energy diplomacy in a bid to guaranteeing safe access to these vitally important resources.
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Iran Oil Exports Well: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji described the status of sales of Iranian crude oil and petroleum products as favorable.
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Owji Meets with Bulgarian, Romanian Energy Ministers in Baku
BAKU (Shana) – Iranian Minister of Petroleum met with Bulgarian and Romanian energy ministers in Baku and discussed global energy crisis, technical and engineering services exports and various cooperation areas.
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Owji Stresses Expansion of Iran-Azerbaijan Ties
BAKU (Shana) – Iranian Minister of Petroleum underlined expansion of relations with Azerbaijan, saying the gas swap contract has provided the ground for cooperation in other sectors including transportation, power, trade and such areas.
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Owji: Shah Deniz Field is Iran-Azerbaijan Successful Experience
BAKU (Shana) – Iranian Minister of Petroleum stressed the 13th administration’s policy for developing relations with neighbors, saying Iran-Azerbaijan partnership in Sha Deniz field is a good experience and can provide the ground for defining joint cooperation in oil and gas blocks and fields in the Caspian Sea.
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Iran, Azerbaijan Sign MoU to Double Turkmen Gas Swap
BAKU (Shana) – Tehran and Baku signed a Memorandum of Understanding (MoU) to increase gas swap from Turkmenistan to the Republic of Azerbaijan via Iran’s territory.
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Owji: Iran Return to Oil Market Can Calm Int'l Markets
BAKU (Shana) – Global oil market is in a condition that return of Iran oil can remarkably help meet customers’ needs and make the world markets balanced and calm, Iranian Minister of Petroleum said on Thursday.
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Iran, Azerbaijan to Boost Gas Trade
BAKU (Shana) – Iranian Minister of Petroleum referred to two billion cubic meters of Turkmenistan gas swap to the Republic of Azerbaijan via Iran’s territory, announcing the gas transmission volume is to double.
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Owji Meets with Kazakhstan Energy Minister
BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, met with Kazakhstan Energy Minister, Bulat Aqchulaqov, on Thursday on the sidelines of Baku Energy Forum.
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Owji: Sanctions Could Not Hinder Iran’s Oil Industry Progress
BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, said on Thursday that those who imposed sanctions think they can impede Iran’s development and progress through the terroristic tool of sanction while it is a double-edged sword with which they have to grapple.
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Owji Meets with Azerbaijani Deputy PM
BAKU (Shana) – Iranian Minister of Petroleum held talks on Wednesday with Deputy Prime Minister of the Republic of Azerbaijan and discussed bilateral relations.
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Iranian Petroleum Minister in Baku to Attend Energy Events
TEHRAN (Shana) – Iran’s Minister of Petroleum, Javad Owji, has traveled to the Republic of Azerbaijan to participate in the 27th Baku Energy Forum and the 27th International Caspian Oil and Gas Exhibition (Baku Energy Week).
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Petroleum Minister: Iran-Russia Annual Trade Transactions to Hit $40bn
SHANA (Tehran) – The ceiling of Iran-Russia annual trade transactions will skyrocket to $40 billion before 2024, said the Iranian minister of petroleum here on Thursday.
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Iran, Russia Sign Three Cooperation Documents
SHANA (Tehran) – Iran and Russia here on Wednesday signed three cooperation documents.
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Owji: Part of Russia’s $5bn Fund for Iran Projects Allocated; $40bn Annual Trade on Agenda
SHANA (Tehran) – Part of Russia’s $5 billion fund for Iranian energy, agricultural, and transport projects was allocated, said the country’s minister of petroleum here on Wednesday.
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Petroleum Minister: 13th Administration Seeking to Expand Iran-Russia Trade Ties
SHANA (Tehran) – Iran’s Minister of Petroleum Javad Owji on Wednesday said the 13th administration is doing every effort to develop trade ties with Russia.
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Owji meets with Omani Foreign Minister
MUSCAT (Shana) -- On the eve of the Iranian President's state visit to Oman, Iranian Minister of Petroleum Javad Owji met with the Minister of Foreign Affairs of Oman in Muscat.
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Tehran, Muscat to Develop Hengam OilField Jointly
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced an agreement between Iran and Oman to form a technical committee for the joint development of Hengam offshore oilfield.
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Over 80% of Oil Revenues Received In Hard Currency
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said more than 80% of the country’s petrodollars is received in hard currency and the rest in bartering with medicine and staple commodities.
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Iran Selling Crude Oil at “Good Price:” Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji says the process of selling oil at a reasonable price will continue vigorously and new markets have been identified for Iranian crude oil, adding Tehran has struck agreements with Latin American countries for bartering oil with staple and agricultural commodities.
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Iran Ready for Gas Swap from Turkmenistan to Armenia
TEHRAN (Shana) -- In a meeting with the Armenian Minister of Territorial Administration and Infrastructures, the Minister of Petroleum stressed readiness of the Iranian gas network to start a gas swap from Turkmenistan and to increase gas exports to this country.
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Iran, GECF Review Bilateral, Multilateral Cooperation
TEHRAN (Shana) – Iranian Petroleum Minister Javad Owji and Secretary General of the Gas Exporting Countries Forum (GECF) Mohamed Hamel met on Saturday and reviewed bilateral and multilateral cooperation in energy and energy economics as well as the ways to expand collaboration.