Iran
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MP Says Petro-refineries Could Safeguard Iran Against Sanctions
TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Assembly considered the construction of petro-refineries as one of the defense tools to fight the sanctions, and said: “Directing liquidity towards production is achieved by investing in national economic projects.”
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IRENEX, NIOC Cooperation could Boost Oil Exports: CEO
TEHRAN (Shana) – The CEO of Iran Energy Exchange (IRENEX) said with the development of cooperation between Iran Energy Exchange and the National Iranian Oil Company (NIOC), an increase in transparency in oil products transactions and an increase in the export of these products will be achieved.
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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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MOP Keen on Developing Joint Fields: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said his ministry and the National Iranian Oil Company (NIOC) has been seriously pursuing developing of joint fields over the course of the past 11 months.
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16th Meeting of the Iran-Russia Commission to be held in Autumn
TEHRAN (Shana) -- The deputy petroleum minister for international affairs and trade announced that the 16th meeting of the joint commission of Iran and Russia would be held in October or November in Moscow.
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Iran 4-month Gas Export Income at $4bn
Iranian Minister of Petroleum Javad Owji said the country’s gas export income amounted to $4 billion dollars in the first 4 months of the current calendar year, which began on March 21, which is equals to the figure for all of last year.
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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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Iran sees 580% Growth in 4-Month Oil Income
TEHRAN (Shana) -- The Iranian Minister of Economic Affairs and Finance announced that Iran’s revenue collection has increased by 580% from the sale of oil and gas condensates in the first 4 months of the current calendar year, which began on March 21.
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Oil, Most Attractive Area of Investment in Iran: Expert
TEHRAN (Shana) -- An expert in energy economics considered the oil industry to be the most attractive area of investment in Iran, and said: “We hope that the agreement with Russia will reach the stage of signing favorable contracts for the country, but we should look for other interested investors to be present in Iran with active energy diplomacy.”
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PGPIC Ready to Bolster Ties with German Firms
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry and take great steps for the interests of both countries.
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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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Di Aria Polymer Officially Online
TEHRAN (Shana) -- Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
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NPC CEO Invites Investors in Petchem Projects
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) invited all investors, researchers and industrialists of the petrochemical industry to participate in completing the sector’s value chain.
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Hot season Starts for Iran-Russia Relations
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth about 40 billion dollars on Tuesday; a deal that has sparked much reaction from supporters and opponents.
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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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Russia's Putin Arrives in Tehran for Syria Summit
TEHRAN (Shana) -- Russian President Vladimir Putin has arrived in Iran for a summit with his Iranian and Turkish counterparts on the Syrian conflict.
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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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Dollar must be Removed from Global Transactions
TEHRAN (Shana) -- Vladimir Putin, the President of Russia, and his entourage met with Imam Khamenei, the Leader of the Islamic Revolution, this afternoon, July 19, 2022. Speaking at the meeting, in which President Raisi was also present, the Leader stressed the need to implement the agreements between the two countries. He also highlighted the need for vigilance in the face of the deceptive policies of the West. Furthermore, he stated, “The long-term agreements between Iran and Russia are deeply beneficial to both countries.”
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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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Refinery Strikes $190 mn Transaction
TEHRAN (Shana) – Persian Gulf Star Oil Company has managed to trade 6 cargoes of light naphtha and 3 cargoes of naphtha with a total value of $190 million in the Iran Energy Exchange.
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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.”
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Iran, Russia Key in Ensuring Global Energy Security: CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) stressed the role of Iran and Russia in the stability of energy supply in the world.
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Owji welcomes Turkish President in Tehran
TEHRAN (Shana) -- The Turkish president arrived in Tehran on Monday evening at the head of a high-ranking delegation of political and economic officials to be welcomed by the Iranian Minister of Petroleum, Javad Owji.
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Iran Raises August Crude Price for Asian Buyers
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has increased the official selling price of all types of crude oil for export to Asian customers in August.
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NIOC, Gazprom strike $40b MoU
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth roughly 40 billion dollars.
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Minor Fire Contained at Farabi Petchem Plant
TEHRAN (Shana) -- A minor fire in the Farabi Petrochemical Plant’s Power Unit was extinguished without any serious damage to the facility.