Gas
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Iran to Export $2.5b CNG Technical, Engineering Services to Nigeria
TEHRAN (Shana) -- A member of the CNG Trade Union of Iran announced the export of 2.5 billion dollars of CNG technical and engineering services to Nigeria in the near future.
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LPG Storage, Loading Facility, Export Chain Online in Assalouyeh
BUSHEHR (Shana) – A liquefied petroleum gas (LPG) storage and loading facility and the complete export chain of the item were put into operation with foreign investment and a billion dollars of investment in Assaluyeh, southern Iran.
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$100m FDI to Build LPG Export Terminal
TEHRAN (Shana) – The CEO of the National Iranian Oil aCompany (NIOC) said a foreign direct investment (FDI) of 100 million dollars has been allocated for establishment of a liquefied petroleum gas (LPG) export terminal in Iran.
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Building PDH/PP Projects Creates Jobs for 5k
TEHRAN (Shana) -- The CEO of Tadbir Energy Development Group said that employment for 5,000 people will be created during implementation of the Parsian Sepehar PDH/PP project.
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80,000 b/d Growth in Iran Gas Condensate Sweetening Capacity
TEHRAN (Shana) – Inauguration of the first condensate sweetening and demercaptanization unit of phases 2 and 3 of South Pars enhance the gas condensate sweetening capacity by 80,000 barrels and strengthen the export infrastructure of this item.
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Demercaptanization Unit of South Pars Refinery Phases 2, 3 Online
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji officially launched the demercaptanization unit of South Pars Refinery Phases 2 and 3 which was build with €74 million of investment.
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Iran Gas Export Revenue up 64% under Raisi
TEHRAN (Shana) – The CEO of the National Iranian Gas Company (NIGC) said the country’s gas export revenue rose by 64% in the first year since President Raisi took office in September 2021.
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Spell of Phase 11 Gas Production to Be Broken in Winter
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced that the spell of gas production from South Pars phase 11 development project will be broken this winter after 20 years of exchanging contracts on paper.
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Iran Starts LPG Export in Bandar Abbas
TEHRAN (Shana) -- Exploiting the marine export plan of liquefied petroleum gas (LPG) has prevented the annual waste of 2,000 tons of LPG that was burned in the past, and in addition, it will bring the country up to $360 million dollars of income annually.
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Iran to Export Technical, Engineering Services, Urea to Nigeria
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “Iran and Nigeria enjoy many capacities that they can use in the future to expand bilateral relations in the field of energy.”
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Iran, Russia to Sign Gas Deal Soon
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said constructive negotiations are going on with the special assistant of the President of Russia, adding: "In the very near future, the final contract for the purchase and swap of gas from Russia will be signed between the National Iranian Gas Company (NIGC) and the Russian side in Moscow."
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Iran Earmarks $5.5b to Develop Khami Group Fields
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the development of the fields of Khami Group were to be developed with an investment of 5.5 billion dollars for the first time.
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Hormuzgan to Turn into Refining Hub of Iran
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said numerous projects have been defined in the southern province of Hormuzgan to turn it into a refining hub within years.
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Iran Eyes $400m/y Profit in Kish Gas Project
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said an annual $400 million of hard currency earning will be one of the benefits of developing a gas transmission project to Kish Island.
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IOEC Completes 1st stage of South Pars Phase 16 Pipe Laying
TEHRAN (Shana) -- Specialists of the Iranian Offshore Engineering and Construction Company (IOEC) successfully completed the shore pull operation of the new 32-inch pipeline of phase 16 of South Pars gas field.
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Cuban Ambassador thanks MoP for Helping Contain Cuba Oil Fire
TEHRAN (Shana) -- The Cuban ambassador in Tehran announced Iran's help in controlling the fire in the Cuba’s oil tanks and appreciated the cooperation of the Iranian Ministry of Petroleum in the operation.
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Iran Gas Production Unaffected by Sanctions: Official
BUSHEHR (Shana) -- Iran's gas production is not affected by the sanctions and National Iranian Gas Company (NIGC) is committed to curb gas flaring pollution, said the director of production coordination and supervision of NIGC.
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Russians capable of Joining Iran Oil Projects: Expert
TEHRAN (Shana) -- An economic expert said the Russians have signed oil and gas contracts with Iran in recent years and have fulfilled their commitments well, adding: “In my opinion, the Russians have the necessary financial and technical capabilities, and on the other hand, we desperately need this capability, so I think there is a possibility that many of these projects will be implemented and we should not be disappointed.”
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Offshore Pipe Laying Operation at 1st Phase 11 Platform Complete
TEHRAN (Shana) -- The offshore pipe laying operation of the gas transmission line of the first platform of Phase 11 of South Pars gas field has been completed in the Persian Gulf.
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Petrorefinery, Refinery Financing MoU Signed with Banks
TEHRAN (Shana) – A memorandum of understanding (MoU) has been signed for financing and participation in construction of the 300kb/d Shahid Qassem Soleimani Petrorefinery and 300kb/d Morvarid Makran Refinery with domestic banks and financing institutions.
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Iran Bracing to become Regional hub for Russian Gas
TEHRAN (Shana) – A senior energy expert says following the Ukraine war, Iran has the chance to use Russia’s excess gas export capacity to become a regional hub for the item.
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Iran Gas Output to Jump 150mcm/d with Russian Support
TEHRAN (Shana) – A senior official with the National Iranian Oil Company (NIOC) says Iran’s natural gas production capacity would see a 150-mcm/d rise with the development of Kish and North Pars gas fields which have been covered in a recent memorandum of understanding between NIOC and Russia’s Gazprom.
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CEO Speaks of Untold details about $40 bn Deal with Russia
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said a contract for the development of 7 oil fields worth 4 billion dollars has been signed with Russian companies and it is progressing despite the sanctions.
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Shahid Hasheminejad Gas Refinery Yielding 1,500 t/d of Sulfur
TEHRAN (Shana) -- The CEO of Shahid Hasheminejad Gas Refining Company said the plant was currently producing 1,500 tons of sulfur per day.
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Syria’s territorial integrity is crucial and a military attack on Syria is harmful to Turkey and the region
TEHRAN (Shana) -- Recep Tayyip Erdogan, the President of Turkey, and his accompanying delegation met with Imam Khamenei on July 19, 2022. President Raisi was also present at the meeting. Speaking at the meeting, the Leader of the Islamic Revolution stressed the necessity to increase cooperation between the two countries, particularly in financial areas. He described the Zionist regime as being the main element in creating discord between Islamic countries.
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Turkey, Iran ink MoU
TEHRAN (Shana) -- The official ceremony of signing a Memorandum of Understanding (MoU) between Turkey and Iran has been held in the presence of both countries' presidents and ministers.
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Tehran, Ankara Vow to Expand Trade
TEHRAN (Shana) -- Tehran was the focus of attention on Tuesday. It hosted two presidents, Recep Tayyip Erdogan of Turkey and Vladimir Putin of Russia.
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Continuation of Development Process of Tehran-Moscow Strategic Ties Stressed
TEHRAN (Shana) -- The latest state of bilateral relations between the Islamic Republic of Iran and the Russian Federation was discussed in the meeting of the presidents of the two countries, and the development of relations between the two countries in various fields was emphasised.
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Presidents of Iran, Russia and Turkey Address Joint Press Conference
TEHRAN (Shana) – Iranian President Ebrahim Raisi said, "In the meeting of the heads of the countries that are the guarantors of the Astana Process, it was emphasised that "the presence of the Americans in Syria under any pretext is not good and they should leave this region", "any action that leads to the violation of Syrian sovereignty should be avoided" and "The attacks of the Zionist Regime on Syria are a violation of the sovereignty of this country and against international laws."
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NIOC cements Largest FDI Deal with Gazprom
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the memorandum of understanding with Gazprom is one of the biggest foreign direct investment deals in the history of Iran's oil industry, and said: The National Iranian Oil Company does not ignore any investment opportunity.”