export
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Oil minister: No challenges in Iran’s oil sales
SHANA (Tehran) – The oil minister addressed rumors about problems with oil sales, dismissing them as baseless and part of psychological operations by adversaries. "We currently have no issues with selling oil," he said, adding "Measures have been taken to ensure we face minimal challenges in the future."
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CBI governor:
Iran’s crude sales have not decreased
SHANA (Tehran) – The governor of the Central Bank of Iran (CBI) stated that rumors suggesting China will reduce its purchase of Iranian oil in the future are completely false, noting that both oil production and investments are on the rise.
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Iran Offers Establishment of Energy Corridor From Russia to Persian Gulf
SHANA (Tehran) - Mojtaba Damirchilou, the secretary-general of the Eurasian Department at the Ministry of Foreign Affairs proposed the establishment of an energy corridor from Russia passing through Iran to the Persian Gulf on Saturday.
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710 Million Euros Of Equipment Exported
SHANA (Tehran) - The chairman of the board of directors of the Oil Industry Equipment Manufacturers Association, Ehsan Saghafi, says the worth of our country’s equipment exports has reached 710 million euros over the last two and a half years.
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Iran says ready to export technical, engineering services to Uzbekistan
SHANA (Tehran) – Oil Minister Javad Owji on Tuesday voiced Iran’s readiness to export technical and engineering services to Uzbekistan.
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Saudi Arabia's crude exports drop to 28-month low in August
Saudi Arabia's crude oil exports in August hit their lowest level in 28 months as they fell for a fifth straight month, data from the Joint Organizations Data Initiative (JODI) showed on Monday.
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MP: Iran oil exports up despite sanctions
SHANA (Tehran) – A member of Iran’s Parliament said the country’s oil exports have surged despite sanctions.
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Owji says ‘Iran will export oil wherever it wants’
SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Sunday said his country “will export crude oil and gas condensates wherever it wants”.
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Owji: Iran oil exports on the rise despite ‘harsher’ sanctions
SHANA (Tehran) – Iran’s oil minister on Friday said his country’s oil products and exports have climbed in spite of “harsher” sanctions.
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CEO: Arya Sasol Polymer Company developing export marketing plan
SHANA (Tehran) – Iran’s Arya Sasol Polymer Company has moved toward developing its export marketing plan, said the ASPC managing director on Sunday.
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Owji says Iran will set new oil export record this year
SHANA (Tehran) – Oil Minister Javad Owji Friday said that Iran will set a new record in oil exports in the new Iranian calendar year starting Tuesday.
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Jask Oil Terminal Guarantees Continued Oil Exports: Official
TEHRAN (Shana) -- The head of the Iran Oil Terminals Company (IOTC) said: “Jask Oil Terminal, as a national and strategic project under the management of the administration and the leadership of the National Iranian Oil Company (NIOC) in the Sea of Oman, guarantees the continuation of crude oil exports, decentralization in the field of oil exports, and increased bargaining power and job creation.”
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Petchems, Refineries Offering hard Currency Earnings on ICE
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said all foreign currency obtained from the export of petrochemical and refining companies will be offered in the Iran Center of Exchange (ICE).
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Iran Can be Supplier of China's Energy Demand: Expert
TEHRAN (Shana) -- An expert on energy issues said since the driving engine of China's economy is the energy sector and Iran also has stable sources of energy, the latter could easily meet China's needs.
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Iran to Boost LPG, Propane, Butane Exports in South Pars
TEHRAN (Shana) -- The engineering director of the South Pars Gas Complex stated that the preparations for equipping the LPG export jetty for the National Iranian Gas Company (NIGC) in South Pars have been put on the agenda, adding that with its completion, the export of liquified petroleum gas (LPG), propane and butane in this complex will accelerate.
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Iran, China Forming Mutual Dependence: Expert
TEHRAN (Shana) -- The head of the Institute of International Energy Studies (IIES) stated that the relations between Iran and China are getting stronger, and said: “The Chinese have always maintained their relationship with our country despite the imposition of sanctions against Iran.”
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Iran, China Economy could complement each other: Ex-Official
TEHRAN (Shana) -- The former director of international affairs of the National Iranian Oil Company (NIOC) emphasized that the economy of Iran and China can complement each other and meet many of each other's needs.
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Preventing Sale of Iran Oil by Enemies Failed: Representative
TEHRAN (Shana) -- A member of the Expediency Council and representative of the Supreme Leader in the Supreme National Security Council said: “The enemies announced that you cannot sell oil, but given the budget bill 1401 and 1402 and the amount of oil announced in it, we can sell it, and the budget is adjusted based on that.”
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Iran Potential Oil Output at 7.4mbd: Economist
TEHRAN (Shana) -- The head of the economic group of the Supreme Leader's Office stated that Iran has the ability to reach the crude oil daily production capacity of 7.4 million barrels, saying: “We are an oil country, we cannot lag behind the countries that are planning to increase their production capacity.”
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Export/Import Terminal of Shahid Rajaei Port Launched
TEHRAN (Shana) -- Sepahan Oil Company's export and import terminal of Shahid Rajaei Port was put into operation on Saturday by video conference with the order of the Minister of Petroleum.
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Mothballed Oil Wells Rehabilitation
TEHRAN (Shana) -- National Iranien Oil Company (NIOC) has long focused on developing technologies to enhance recovery from oil wells. Although sanctions have posed an obstacle in its way, it aims to cut short the way to its objective by embarking on a quick-yielding project for the rehabilitation of low-output and abandoned wells. In this manner, by spending much less than drilling new wells, NIOC would be able to enhance its crude oil output. Without enhancing oil output, no future may be envisaged for enhanced oil recovery (EOR) projects. Therefore, the important thing would be to enhance production in any possible manner. Internationally speaking, more oil production would empower Iran to become more influential in the oil market while remaining resilient to challenges and restrictions because in the economic and political structure of the world energy, oil barrels have the final say.
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Will 2023 See Oil Market Prosper?
TEHRAN (Shana) -- With the beginning of 2023, the developments of the oil market in 2022 and the perspective of the New Year have been reviewed. The idea is to examine the factors affecting the market. It must be acknowledged that 2022 experienced ups and downs in the oil market and profound changes have taken place in this market. These developments have caused the 2023 Outlook to have many uncertainties, and as a result, many reputable institutions have doubts in their forecasts, and most institutions are waiting for market stability.
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98% Growth in Bou Alisina Petchem Revenue
TEHRAN (Shana) -- The financial director of Bou Alisina Petrochemical Plant, presenting the company's performance report, announced new production, sales and profitability records in the 9 months of the current Iranian calendar year which began on March 21.
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Pardis Petchem Co. Top Export-Oriented Firm in Iran
TEHRAN (Shana) -- Due to its brilliant performance in the field of product export, Pardis Petrochemical Company won the title of the country's top export-oriented company in the calendar year of 1401 which began on March 21.
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Petchem exports Rise in Assaluyeh
TEHRAN (Shana) -- The CEO of Pars Special Economic Energy Zone Organization (PSEEZ) announced a 50% increase in the export of this region compared to the previous year.
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Petchem Self-Sufficiency, Definitive NPC Policy
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) called self-sufficiency in the petrochemical industry as the definitive policy of the company, and said: “An integrated planning has been done to bring the missing links of the petrochemical value chain products inside with the cooperation of various sectors.”
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36% Growth in Shiraz Petchem Sales
TEHRAN (Shana) -- The sale of petrochemicals in Shiraz Petrochemical Plant hit 198,000 tons in the month of Azar (9th month in the Iranian calendar, November 22-December 21) which shows a 36% growth month on month.
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Iran Oil Sales, Steady, Growing: Spokesman
TEHRAN (Shana) -- The government spokesperson announced the continuous increase in the export of crude oil and gas condensate, and said: "Last month, we saw record exports since the beginning of the new round of sanctions, i.e. since 2018.”
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Bu Alisina Paraxylene Unit Online Soon
TEHRAN (Shana) – The Deputy CEO of Bu Alisina Petrochemical Company announced the final stages of setting up the paraxylene unit in cooperation with Iranian companies, and said: “This unit will be ready for operation in February this year.”
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LPG Exports to Earn Iran $360mn Annually
TEHRAN (Shana) -- Having exported 2,000 tonnes of liquefied petroleum gas (LPG) offshore for the first time from the Shahid Bahonar jetty, Iran has joined countries exporting LPG offshore. With the offshore export of LPG, some obstacles ahead of transiting this valuable product have been removed and transportation costs have been saved on at National Iranian Oil Products Distribution Company (NIOPDC). Meantime, according to National Iranian Gas Company (NIGC), LPG exports have increased 20% year-on-year, which would earn the country big hard currency revenue.