Iran
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South Pars Phase 11 Gas Available by Winter
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the ongoing negotiations for the development of the Iranian oil market, and said: "Oil exports have improved in recent months, but we are negotiating with new and old customers to develop the market."
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Tondgouyan Petchem Plant Breaks PET Output Record
TEHRAN (Shana) -- The head of Shahid Tondgouyan Petrochemical Compound announced the historical production record of 756,000 tons of polyethylene terephthalate since the beginning of the current calendar year, which began on March 21
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Petchem Industry: Savior of Iran Economy under Sanctions
TEHRAN (Shana) -- At the peak of the sanctions, Iran's petrochemical industry earned more than $54 billion for the country, and on average, 80% of the export income of this industry has returned to the country's economic cycle through the NIMA FOREX system.
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Russia, Iran Firms to Build Joint Pipeline
TEHRAN (Shana) -- The CEO of Sina Energy Gostar Holding, affiliated to Mustazafan Foundation, said the holding was planning to build a pipeline for the transfer of petroleum products with support from Russian companies.
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Construction of Petchem Parks Key to Support KBCs: CEO
TEHRAN (Shana) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said: “With the launch of petrochemical parks, the slogan of the year (production, knowledge-based activities and job-creation) will be realized in the true sense because these parks will bring employment, value creation and modern technology to the country.”
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Use of Overseas Refineries Weakens Designs of Iran Enemies: Ex-Official
TEHRAN (Shana) -- The former director of international affairs of the National Iranian Oil Company said: "The development of using the empty capacity of offshore refineries by the 13th administration can weaken the enemy's plan to reduce oil revenues."
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Bandar Imam Petchem Output Mix to hit 40 Items in 5 Years
TEHRAN (Shana) -- The CEO of Bandar Imam Petrochemical Company announced the increase of the company's products from the current 31 to 40 items in the next five years.
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South Pars Refineries Supplying 570 mcm/d Gas
TEHRAN (Shana) -- The CEO of South Pars Gas Complex announced the daily production of 570 million cubic meters of gas in the thirteen refineries of the country's largest gas compound, and said: "This complex supplies 75% of the country's gas needs with the savvy and expertise of local specialists and hardworking employees."
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Russia Studies of Iran Oil, Gas Fields in Final Stages
TEHRAN (Shana) -- The CEO of National Iranian Oil Company (NIOC) the study of Iran’s oil and gas fields by Russian companies is nearing its end and the Memoranda of understanding (MoUs) for these studies will soon turn into contracts.
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Russia to Boost Investment in Iran Oil Fields: Novak
RUSSIA (Shana) -- The Deputy Prime Minister of Russia called the relations between Iran and Russia trustworthy and at a high political level, and said: “The amount of Russian investment in Iran's oil fields will increase.”
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Iran, Russia Public, Private Sectors Keen to Neutralize Bans
RUSSIA (Shana) – The Iranian Minister of Petroleum announced the implementation of joint plans and agreements between Iran and Russia in the near future, and emphasized: "There is now a strong will in the public and private sectors of both countries to neutralize the sanctions."
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Iran, Russia sign 4 Cooperation Docs
RUSSIA (Shana) -- Iran and Russia signed four cooperation documents at the 16th meeting of the Joint Economic Commission with the aim of expanding the relations between the two countries.
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Iran's Extends Gas Barter Agreement with Armenia
TEHRAN (Shana) -- Iran and Armenia signed a memorandum of understanding on economic cooperation in the energy sector.
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Iran-Russia Ties to hit Closest Level Ever: Novak
RUSSIA (Shana) -- The Deputy Prime Minister of Russia said the relations between Iran and Russia will soon reach the highest level and a new record will be set.
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Iran, Russia sign Cooperation Docs
TEHRAN (Shana) -- Iran and Russia signed four cooperation documents at the 16th meeting of the Joint Economic Commission with the aim of expanding the relations between the two countries.
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Owji addressed Iran-Russia Commission
RUSSIA (Shana) – Iranian Minister of Petroleum Javad Owji addressed the 16th Joint Commission for Economic Cooperation of Iran and Russia that was held in the latter.
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Tehran-Moscow Cooperation Render Bans Futile: Owji
GROZNY (Shana) – Iranian Minister of Petroleum Javad Owji said expansion of cooperation between Iran and Russia will make international sanctions ineffective.
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Iran, Russia Stepping up Oil Ties
TEHRAN (Shana) -- The director of support for manufacturing and supply of goods at the National Iranian Oil Company (NIOC) announced the willingness of Iran and Russia to tap the existing capacities in manufacturing and supply of goods between the two sides.
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Iran, Russia Building Strong Ties: Envoy
TEHRAN (Shana) -- Iran's ambassador to Russia said Tehran and Moscow have established very good cooperation in the field of energy, and one of these areas is investment in oil and gas fields.
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Overhaul of 3 Units underway in Isfahan Refinery
TEHRAN (Shana) -- The overhaul operations of three operating units of Isfahan Oil Refinery started simultaneously in order to make optimal use of time.
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1st meeting of working groups of Iran-Russia Joint Economic Commission
RUSSIA (Shana) – The meeting of the working groups of the 16th Joint Economic Commission of Iran and Russia started today (Monday) in Russia in the presence of experts from different working groups to examine the capacities of cooperation.
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OPEC Sec. Gen. Sends Message of Condolences on Terrorist Attack in Shiraz
TEHRAN (Shana) -- Haitham Al Ghais, the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) sent a message expressing his condolences over the death of dozens of the visitors of Shahcheragh Holy Shrine in the southern city of Shiraz by a terrorist attack last week.
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Iran, Russia Commission Influential in Mutual Business Process
TEHRAN (Shana) -- The Deputy Minister of Commerce of the Minister of Agricultural Jihad considered the meeting of the joint commission of Iran and Russia to be one of the most important and influential meetings in the business process of the two countries, and said: “Joint memoranda is signed between Iran and Russia in the field of standardization of protocols governing the Plant Protection Organization, as well as the Veterinary Organization and other organizations that are decisive in the field of export of agricultural products.”
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Tehran, Moscow to sign Cooperation Roadmap
TEHRAN (Shana) -- The deputy of international affairs and trade of the Minister of Petroleum said the cooperation roadmap between Iran and Russia would be signed at the meeting of the 16th joint economic commission of the two countries.
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Iran, Russia in Close Oil Cooperation
TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Consultative Assembly said: “Russia is our friend and neighbor and the cooperation capacity between the two countries is very high, especially in the oil and gas industry.”
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Working Groups Meeting of Iran-Russia Joint Economic Commission Begins
TEHRAN (Shana) -- The meeting of the working groups of the 16th Joint Economic Commission of Iran and Russia started in Russia in the presence of experts from different working groups to examine the capacities of cooperation.
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Russia to host 16th Joint Economic Commission with Iran
TEHRAN (Shana) -- The 16th Iran-Russia Joint Economic Commission will be hosted by Russia from October 30 to November 1.
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Iran Ready to Cooperate with GECF Members in all Gas sectors
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji voiced Iran’s readiness to cooperate with all the members of the Gas Exporting Countries Forum (GECF) in all areas of development of the gas industry, including joint investments, natural gas swaps, cooperation in the framework of gas contracts, development and export of technical and engineering services, knowledge transfer and development of expert human resources.
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44% Growth in net Profit of Amirkabir Petchem Plant
TEHRAN (Shana) -- Amirkabir Petrochemical Company registered a 44% growth in its net profit and 29% in its operating income in the first half of the current calendar year, which began on March 21.
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Sanctions on Gas Suppliers Could have Devastating Results: Owji
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji told the 24th Ministerial Meeting of Gas Exporting Countries Forum (GECF) in Cairo, Egypt, that imposition of sanctions on producers of oil and gas could bring about irreparable damage to the global economy.