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Iran foils enemies’ evil plots by preventing gas outage: NIGC chief
SHANA (Tehran) – Managing Director of the National Iranian Gas Company (NIGC) Majid Chegeni, in a message, said on Sunday the country thwarted the sinister plots of the enemies who exploded gas pipelines in terrorist attacks.
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MP lauds Oil Ministry for fixing gas pipelines damaged in terrorist acts in shortest time
SHANA (Tehran) – A member of the Iranian Parliament's Industries and Mines Committee said on Sunday the repairing of gas transmission pipelines damaged in terrorist acts in the shortest time possible is a sign of the Oil Ministry’s “strong” and “intelligent” management in times of crisis.
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Oil demand growth slowing as non-OPEC supply expands, says IEA
Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on as it trimmed its 2024 growth forecast, in sharp contrast to the view held by producer group OPEC.
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Repair work of gas pipelines damaged in terrorist attack in southern Iran
SHANA (Safa-Shahr) – The 56" Iran Gas Trunkline IV and VIII (IGAT-4 and IGAT-8) pipelines damaged in a terrorist attack in Safa-Shahr, Iran’s southern province of Fars, at around 1 a.m. local time on Wednesday (2130 GMT) undergo repairs.
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Gas pipelines damaged in terrorist attacks repaired: NIGC official
SHANA (Tehran) – Two gas transmission pipelines damaged in terrorist attacks were completely repaired, said the dispatching director of the National Iranian Gas Company (NIGC) on Friday.
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Owji attends NIGC crisis management session
SHANA (Tehran) – Iran’s Oil Minister Javad Owji, National Iranian Gas Company (NIGC) Managing Director Majid Chegeni, National Iranian Oil Company (NIOC) Managing Director Mohsen Khojastehmehr, and other officials attend a crisis management session held at the Dispatching Department of NIGC in Tehran on February 14, 2024 after two explosions struck the gas transmission pipelines in Borujen, western province of Chaharmahal and Bakhtiari, and Safa-Shahr, southern province of Fars, at around 1 a.m. local time on Wednesday (2130 GMT).
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Villages near exploded pipelines reconnected to national gas network: Owji
SHANA (Tehran) – Villages near the two gas pipelines exploded in western and southern Iran in terrorist attacks have been reconnected to the national grid, said Oil Minister Javad Owji on Wednesday.
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Iran says ‘sabotaged’ pipelines will resume pumping gas overnight
SHANA (Tehran) – The dispatching director of the National Iranian Gas Company (NIGC) said on Wednesday the two gas transmission pipelines exploded in a “terrorist act of sabotage” will operate by midnight local time (2030 GMT) or the wee hours of Thursday.
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OPEC sticks to oil demand view, sees better economic growth
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and raised its economic growth forecasts for both years saying there was further upside potential.
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Owji: Blast-hit gas pipelines to operate within hours
SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Wednesday said the two gas transmission pipelines exploded in a “terrorist act” will be repaired and put into operation within hours.
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Iran says blasts hit gas pipelines, blames explosions on ‘sabotage’
SHANA (Tehran) – The dispatching director of the National Iranian Gas Company (NIGC) said two explosions struck the gas transmission pipeline in western and southern Iran in early Wednesday, blaming the blasts on “sabotage and terrorist act”.
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Owji says tourism development will reduce reliance on oil revenues
SHANA (Tehran) – Iran’s oil minister said on Tuesday the development of the tourism industry can contribute to the country’s economy and reduce reliance on oil revenues.
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Refinery-integrated petrochemical plants to increase Iran refining capacity by 30%: Deputy oil minister
SHANA (Tehran) – Iran’s refining capacity will increase 30 percent and rise to 3 million barrels per day from 2.3m bpd when the projects of refinery-integrated petrochemical plants become operational, said the deputy oil minister for planning on Tuesday.
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More countries express interest in joining OPEC+, says top official
The Organization of the Petroleum Exporting Countries is in talks with several countries interested in joining the wider alliance known as OPEC+, its secretary-general said on Monday.
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Algeria to host 7th GECF Summit
Algeria has launched the official website for the upcoming 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government, scheduled to take place in Algiers, the Democratic Republic of Algeria, on March 2, 2024.
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Oil slips after rally last week on Middle East, tight supply
Oil prices slipped on Monday as investors indulged in some profit-taking after both benchmarks ended last week about 6% higher on Middle East tensions and as refining outages squeezed refined products markets.
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NIOC chief: $14b contracts, SP pressure-boosting project due by end of winter
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director announced $14 billion contracts for developing oil and gas fields will be signed and a project for boosting pressure in the South Pars (SP) gas field will start by the end of this winter.
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Oil Ministry has achieved ‘stunning’ successes, says MP
SHANA (Tehran) – A member of the Iranian Parliament’s Plan and Budget Committee said the Oil Ministry has achieved “stunning” successes.
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Chegeni: About 98% of NIGC needs met by Iranian producers
SHANA (Mashhad) – The National Iranian Gas Company managing director said domestic manufacturers are now meeting about 98 of NIGC’s needs.
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Oil minister: 200 essential items made by Iranian manufacturers under 13th administration
SHANA (Mashhad) – Iran’s oil minister said 200 essential items have been produced by domestic manufacturers under the 13th administration.
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Owji’s visit to ‘Narrative of Progress’ exhibition
SHANA (Mashhad) – Iran’s Oil Minister Javad Owji pays a visit to an exhibition dubbed the “Narrative of Progress” displaying the latest achievements of the oil industry in the northeastern city of Mashhad on February 8, 2024.
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Owji tours ‘Narrative of Progress’ exhibition in Mashhad
SHANA (Mashhad) – Iran’s Oil Minister Javad Owji paid a visit to an exhibition dubbed the “Narrative of Progress” in the northeastern city of Mashhad on Thursday.
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Over 6,300 villages, 50 towns supplied with gas under 13th administration: Deputy oil minister
SHANA (Tehran) – Iran’s deputy oil minister on Wednesday said 6,354 hard-to-reach villages and 50 towns have been supplied with gas since the 13th administration took office about 30 months ago.
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ZN Vostok CEO says Russian company has invested over $500m in Iran oil projects
SHANA (Ahvaz) – Russia’s ZN Vostok (ZNV) has invested more than $500 million in Iran’s oil projects, said the company’s managing director.
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Owji: Six oil, gas contracts to be signed soon; Andimeshk petchem project to be done in 3 years
SHANA (Ahvaz) – Iran’s oil minister announced that six contracts on the development of oil and gas fields will be signed by the end of the current Iranian calendar year (March 19, 2024).
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NIOC chief: Seven oil, gas projects’ operation to create $6b wealth
SHANA (Ahvaz) – The National Iranian Oil Company (NIOC) managing director said on Tuesday the operation of seven new oil and gas projects will bring in some $6 billion.
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Oil extraction from South Azadegan joint field up 50,000 bpd
SHANA (Ahvaz) – Oil extraction from the South Azadegan field rose by 50,000 barrels per day (bpd) as Iran’s Oil Minister Javad Owji issued an order via videoconference for exploiting 60 new wells on Tuesday.
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South Pars Phase 16 offshore pipeline operational
SHANA (Assaluyeh) – The new offshore pipeline of Phase 16 of the South Pars (SP) gas field was officially put into operation in the Persian Gulf waters by the order of Oil Minister Javad Owji issued via videoconference on Tuesday.
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Iran starts production from Sohrab oil field shared with Iraq
SHANA (Ahvaz) – Production from Sohrab oil field shared with Iraq officially started by the order of Iran’s Oil Minister Javad Owji issued via videoconference on Tuesday.
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Official inauguration ceremony of SP Phase 16 pipeline
SHANA (Assaluyeh) – The official inauguration ceremony of the new pipeline of Phase 16 of the South Pars (SP) gas field is held in the presence of Pars Oil and Gas Company (POGC) Managing Director Mohammad Hossein Motejalli, the Iranian Offshore Engineering and Construction Company (IOEC) Managing Director Hossein Shiva in Assaluyeh, southern province of Bushehr, on February 6, 2024 by the order of Oil Minister Javad Owji issues via videoconference.