Zangeneh
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Zangeneh: Sanctions Didn’t Halt Our Projects
TEHRAN (Shana) -- Iran’s President Hassan Rouhani inaugurated the installation of the first jacket of Phase 11 of the massive South Pars gas field.
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Iran Says it sold Petrol to Venezuela at Current Price
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country had sold petrol to Venezuela at current prices.
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Iran Petchem Output to hit 3-digit Realm
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical output would reach 100 million tons per year by March 2022.
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Iran Eyes Oil Exports from Jask by March
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh expressed optimism that Iran would start crude oil exports from Jask terminal by the end of the current Iranian calendar year which began on March 20.
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Iran Eyes 100 mt Petchem Output in 1399
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical production capacity was planned to cross 10 million tons per year in the current Iranian calendar year which began on March 20.
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Offshore Section of South Pars Development Complete by 2021
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh announced completion of the South Pars Offshore Section as well as 17 phases of the massive gas field by the end of President Rouhani’s second term in office to 2021.
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Zangeneh Rejoices over Iran Maximum Production at South Pars in Twitter Account
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh wrote in his Twitter account: “Iran is at the peak of its authority in the Persian Gulf with maximum production from South Pars.”
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OPEC cannot Address Oil Market Crash Alone: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh described the recent drop in oil prices as unprecedented, and said, “Resolving crude oil issues need global support, and producers must work together in order to survive, especially producers who produce more expensive crude.”
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Iran to Drill 1st SP Phase 11 Well by March 2021
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the first offshore well of South Pars Phase 11 project would be drilled in the current Iranian calendar year which began on March 20.
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OPEC+ Hammering Out Historic Cut Deal
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the Organization of the Petroleum Exporting Countries (OPEC) and its non-OPEC allies, especially Russia, were finalizing an agreement to cut production by at least 10 million barrels per day.
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OPEC, non-OPEC Agreement Reachable before April: Zangeneh
VIENNA (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March.
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OPEC Pegs Deeper Cuts at Non-OPEC Support
VIENNA (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said oil producers at OPEC had uniformly proposed a major cut in the group’s crude oil output, but waited for non-OPEC allies, especially Russia, to back the move by considering cuts in their production.
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OPEC Waiting for Non-OPEC Approval for Historic Output Cuts
VIENNA (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says OPEC had decided to wait for an agreement of non-OPEC allies to consider major cuts in the group’s output to shore up oil prices.
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Oil Market Reeling from Supply Glut: Zangeneh
VIENNA (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says there is an oversupply in the crude oil market, saying OPEC and non-OPEC producers need to discuss how to ensure market balance.
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COVID-19, Main Culprit in Recent Oil Price Fluctuations: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
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Zangeneh Talks with Russia’s Novak Prior to OPEC Meeting
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh discussed topics regarding the upcoming OPEC meeting with his Russian opposite number Alexander Novak.
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Enhanced Gas Production, Biggest Oil Industry Measure to Save Environment: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said his ministry’s biggest environmental measure was enhancing natural gas production in the country.
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Iran Eyes 1mbd Crude Output in West Karoon
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country expected to bring crude oil production to 1 million barrels per day in West Karoon Fields.
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$40b Investment Up for Grabs in Iran Petchem Industry
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said there were opportunities to invest by up to 40 billion dollars in the country’s petrochemical industry.
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Iran Refineries to Yield 0.7mt/year of Petcoke
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700,000 tons per year of sponge and needle cokes in Iran.
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Iran Eyes Self-Sufficiency in Sponge, Needle Coke Production
TEHRAN (Shana) – The National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, have signed an agreement for production of sponge and needle coke in Bandar Abbas and Imam Khomeini refineries which will render Iran self-sufficient in production of the items used for steel production.
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Iran About to Launch Major APG Processing Plant
TEHRAN (Shana) – The Iranian Minister of Petroleum said the country had started countdown for launching a major plant for collecting and processing associated petroleum gas (APG) with $3 billion of investment.
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Market Balance, a Necessity: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the oil market was under pressure because of coronavirus outbreak and as a result the oil price had fallen to below $60 per barrel, adding, “Efforts must be made to ensure the market balance”.
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Iran Eyes Enhanced Oil Recovery in Azadegan Joint Field
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said plans were under way to enhance oil recovery factor of the Azadegan joint oilfield in the near future.
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No Worries Concerning Low-Sulfur Fuel Supply for OGVs: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country could supply the needs of ocean-going vessels (OGC) to low-sulfur fuel domestically.
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Oil Prices Rise in Volatile Conditions: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said instability had spurred a price rise in the oil market, and said: "Psychologically speaking, there is somewhat of an upward trend in oil prices currently."
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Zangeneh Congratulates New Year to Christian Colleagues
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh wrote a statement in which he congratulated the New Year to the Christian staff of the Iranian petroleum industry and the world.
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Iran Petchem Progress in Line with Establishment Policies: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the development of petrochemical plants was in line with the policies of the Islamic establishment of Iran to create jobs and prevent sale of crude oil and gas.
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CBI to Finance Siraf Refining Project
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said that the central bank of Iran (CBI) was to bankroll Siraf refining project by investing Rls. 200,000 billion in the plan.
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Petropars to Develop Farzad B Gas Field
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the Iranian oil company Patropars was awarded the engineering, exploration and basic design sections of Farzad B Gas Field Development Project.