Project

  • Crude Oil Loading to begin at Jask Terminal in Days

    Crude Oil Loading to begin at Jask Terminal in Days

    TEHRAN (Shana) – A senior official with the National Iranian Oil Company (NIOC) said that the crude oil in the Goreh-Jask pipeline will reach the Jask terminal in about 20 kilometers and “we expect the first shipment of crude oil to be loaded by the end of the week.”

  • 32 Petchem Projects in 8 Years

    32 Petchem Projects in 8 Years

    TEHRAN (Shana) -- On May 20, three petrochemical projects came online. They were Sabalan methanol project with annual capacity of 1.65 million tonnes, Masjed Soleyman urea and ammonia plant with annual capacity of 1.7 million tonnes and Assaluyeh Exir Hallal project with annual capacity of 50,000 tonnes of pentane and hexane. President Hassan Rouhani officially inaugurated the projects.

  • Ab Teimour Up for Investment

    Ab Teimour Up for Investment

    TEHRAN (Shana) -- Although ten giant oil fields in Iran account for the bulk of Iran's oil production, they are all in the second half of their lifecycle as inadequate investment in them, over years, has left their recovery rate at a low level.

  • Financing Plan of Petchem Projects Clear: Official

    Financing Plan of Petchem Projects Clear: Official

    TEHRAN (Shana) – An official with the National Petrochemical Company (NPC) said the company had clear plans for financing petrochemical projects in the second and third leap of the industry in Iran.

  • OIEC, POGDC Ink Cooperation Agreement

    OIEC, POGDC Ink Cooperation Agreement

    TEHRAN (Shana) -- Oil Industries' Engineering and Construction (OIEC) and Parsian Oil and Gas Development Company (POGDC) signed a memorandum of understanding to expand cooperation in the upstream and downstream sectors of the oil industry.