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Mon 11 December 2023

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  • Oil minister: SP Phase 11 to generate up to $5b revenue per annum

    Oil minister: SP Phase 11 to generate up to $5b revenue per annum

    SHANA (Tehran) – Phase 11 of Iran’s South Pars (SP) gas field will yield four to five billion dollars annually, said Oil Minister Javad Owji on Wednesday.

    2023-06-28 16:30
  • Owji: President to inaugurate SP Phase 11

    Owji: President to inaugurate SP Phase 11

    SHANA (Tehran) – Iran’s Oil Minister Javad Owji here on Wednesday said Phase 11 of the South Pars (SP) gas field will become operational in the presence of President Seyyed Ebrahim Raeisi.

    2023-06-28 13:35
  • Iran’s South Pars Phase 11 platform installed; gas production to start soon

    Iran’s South Pars Phase 11 platform installed; gas production to start soon

    SHANA (Tehran) – The platform of Iran’s South Pars (SP) Phase 11 was installed in the Persian Gulf on Wednesday.

    2023-06-28 10:43
  • EI report shows 4.6% rise in Iran oil output

    EI report shows 4.6% rise in Iran oil output

    SHANA (Tehran) – The Energy Institute (EI) Statistical Review of World Energy published on Monday showed a 4.6 percent increase in Iran’s oil production in 2022.

    2023-06-27 02:10
  • VP: Energy cooperation can turn Iran, Qatar into region’s gas hubs

    VP: Energy cooperation can turn Iran, Qatar into region’s gas hubs

    SHANA (Tehran) – Iran’s First Vice President Mohammad Mokhber on Monday said energy cooperation between Iran and Qatar can turn the two countries into gas hubs in the region.

    2023-06-26 22:19
  • APIC: Five-year petchem exports fetched Iran $61b despite sweeping sanctions

    APIC: Five-year petchem exports fetched Iran $61b despite sweeping sanctions

    SHANA (Tehran) – Iran has earned $61 billion by exporting 120 million tons of petrochemical products from 2018 to 2022 amid growing sanctions, said the Association of Petrochemical Industry Corporation (APIC) deputy head on Monday.

    2023-06-26 21:14
  • NIGC head: Iraq pays all gas debt to Iran; talks with Türkiye, Turkmenistan underway

    NIGC head: Iraq pays all gas debt to Iran; talks with Türkiye, Turkmenistan underway

    SHANA (Tehran) – The National Iranian Gas Company (NIGC) managing director here on Sunday said Iraq has paid its gas debt to Iran.

    2023-06-25 15:12
  • Owji: Iran oil exports on the rise despite ‘harsher’ sanctions

    Owji: Iran oil exports on the rise despite ‘harsher’ sanctions

    SHANA (Tehran) – Iran’s oil minister on Friday said his country’s oil products and exports have climbed in spite of “harsher” sanctions.

    2023-06-23 23:32
  • Owji: Iran, Venezuela use barter system to trade

    Owji: Iran, Venezuela use barter system to trade

    SHANA (Tehran) – Iran’s Oil Minister Javad Owji here on Wednesday said his country and Venezuela conduct their trade through a barter system and there is no financial payment between the two states.

    2023-06-21 15:22
  • Lawmaker: Latam good energy market for exporting technical, engineering services

    Lawmaker: Latam good energy market for exporting technical, engineering services

    SHANA (Tehran) – Iran’s energy sector could create a good market for itself in Latin America by exporting technical and engineering services, said a lawmaker on Tuesday.

    2023-06-20 11:46
  • Iran, Uzbekistan agree on roadmap for cooperation in oil, gas, petrochemical industry

    Iran, Uzbekistan agree on roadmap for cooperation in oil, gas, petrochemical industry

    SHANA (Tehran) – A roadmap for cooperation between Iran and Uzbekistan in oil, gas, and petrochemical industry was outlined here on Monday.

    2023-06-19 15:11
  • MP hails Raeisi administration’s energy diplomacy as ‘strong point’

    MP hails Raeisi administration’s energy diplomacy as ‘strong point’

    SHANA (Tehran) – Energy diplomacy is one of the “strong points” of the 13th (Raeisi) administration, said an Iranian lawmaker on Sunday.

    2023-06-18 14:38
  • Iran's oil exports hit five-year highs

    Iran's oil exports hit five-year highs

    Iran's crude exports and oil output have hit new highs in 2023 despite U.S. sanctions, according to consultants, shipping data and a source familiar with the matter, adding to global supply when other producers are limiting output.

    2023-06-16 22:44
  • OPEC celebrates 60th anniversary in Baghdad

    OPEC celebrates 60th anniversary in Baghdad

    The Organization of Petroleum Exporting Countries (OPEC) commemorated its Diamond Anniversary (60 years) in Baghdad, Iraq.

    2023-06-16 19:40
  • Active diplomacy causes Iran-Venezuela oil trade to rise to $4b

    Active diplomacy causes Iran-Venezuela oil trade to rise to $4b

    SHANA (Tehran) – The active diplomacy of Iran’s Ministry of Petroleum and the effective measures carried out by the 13th (incumbent) administration have led to an exponential increase in Iran-Venezuela cooperation in the oil industry, causing the two countries’ oil trade in the past 20 months to hit $4 billion.

    2023-06-16 18:20
  • MP: Oil, tech export to Latin America is incumbent government’s zenith

    MP: Oil, tech export to Latin America is incumbent government’s zenith

    SHANA (Tehran) – A member of Iran’s Parliament on Thursday said oil and technical know-how export to Latin America shows that the 13th (incumbent) administration’s power has reached its climax.

    2023-06-15 21:02
  • Iranian MPs commend Oil Ministry for reviving energy diplomacy

    Iranian MPs commend Oil Ministry for reviving energy diplomacy

    SHANA (Tehran) – A number of Iranian lawmakers have lauded the Oil Ministry for reviving energy diplomacy.

    2023-06-15 00:11
  • Iranian knowledge-based company to equip Venezuela gas compressor stations

    Iranian knowledge-based company to equip Venezuela gas compressor stations

    SHANA (Caracas) – An Iranian knowledge-based company receiving support from the Ministry of Petroleum will equip Venezuela’s gas compressor stations.

    2023-06-14 12:43
  • Owji says Iran will help Venezuela restore 12 Mt/y petrochemical production capacity

    Owji says Iran will help Venezuela restore 12 Mt/y petrochemical production capacity

    SHANA (Tehran) – Iran will help Venezuela restore its 12-million-ton-per-year (Mt/y) petrochemical production capacity, said Oil Minister Javad Owji on Tuesday.

    2023-06-13 19:00
  • Iran, Venezuela sign several oil contracts

    Iran, Venezuela sign several oil contracts

    SHANA (Caracas) – Iran and Venezuela here on Monday signed several contracts to cooperate in the oil sector.

    2023-06-13 13:12
  • Raeisi: Strengthening economy most effective way to confront sanctions

    Raeisi: Strengthening economy most effective way to confront sanctions

    SHANA (Caracas) – Iran’s president on Monday said the strengthening of the economic sector is the most effective way to confront sanctions.

    2023-06-13 11:05
  • Iran, Venezuela sign 19 cooperation documents

    Iran, Venezuela sign 19 cooperation documents

    SHANA (Caracas) – Iran and Venezuela signed 19 cooperation documents and memorandums of understanding (MoUs) in Caracas on Monday.

    2023-06-13 05:15
  • Owji on Latin America tour to boost energy ties

    Owji on Latin America tour to boost energy ties

    SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Monday began a tour of Latin America.

    2023-06-12 15:02
  • Raeisi begins three-legged tour, lauds Iran-Latam energy cooperation

    Raeisi begins three-legged tour, lauds Iran-Latam energy cooperation

    SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raeisi on Monday started his tour of Venezuela, Nicaragua, and Cuba.

    2023-06-12 14:21
  • Lawmaker hails Oil Ministry ‘successful’ energy diplomacy

    Lawmaker hails Oil Ministry ‘successful’ energy diplomacy

    SHANA (Tehran) – A member of Iran’s Parliament on Sunday praised the Oil Ministry’s economic and energy diplomacy.

    2023-06-11 15:14
  • Ambassador: Favorable opportunity created for Iran-Russia petrochemical cooperation

    Ambassador: Favorable opportunity created for Iran-Russia petrochemical cooperation

    SHANA (Tehran) – Iran’s ambassador in Russia on Sunday said a favorable opportunity has been created for Tehran-Moscow cooperation in the petrochemical sector.

    2023-06-11 11:09
  • Oil minister: 64 projects to be inaugurated, 15 more to start this year

    Oil minister: 64 projects to be inaugurated, 15 more to start this year

    SHANA (Tehran) – Iran’s oil minister on Saturday said 64 semifinished and new projects worth $14.5 billion will become operational and the executive operations of 15 projects valued at $14.3 billion will begin this year.

    2023-06-10 12:49
  • Owji says Iran energy trade with neighbors will increase

    Owji says Iran energy trade with neighbors will increase

    SHANA (Tehran) – Iran’s oil minister on Wednesday said his ministry is seeking to increase the country’s share in energy trade with neighboring states.

    2023-06-07 13:14
  • Expert: Iran seeking greater role in gas trade with neighbors

    Expert: Iran seeking greater role in gas trade with neighbors

    SHANA (Tehran) – A senior energy expert said Iran is seeking to have a greater role in its gas trade with neighboring countries.

    2023-06-06 11:51
  • MP: Tehran-Ashgabat gas cooperation could turn Iran into region’s energy hub

    MP: Tehran-Ashgabat gas cooperation could turn Iran into region’s energy hub

    SHANA (Tehran) – Tehran-Ashgabat cooperation in the gas sector could turn Iran into an energy hub in the region, said a lawmaker on Monday.

    2023-06-05 17:12
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