persian gulf
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Completion of gas pipeline crossing under Persian Gulf seabed
SHANA (Tehran) – The CEO of Iran Gas Engineering and Development Company announced the successful completion of a 3-kilometer subsea pipeline crossing under the Persian Gulf seabed as part of the Bandar Abbas-Laft-Gourzin gas transmission line. This marks a key milestone in the project to supply natural gas to Qeshm Island.
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PGPIC secures license for largest capital market financing via securities
SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Corporation (PGPIC) announced that the holding company has over $12 billion in unfinished projects, stating that a license for the largest capital market financing through securities has been obtained to realize the goal of "investment for production."
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From Kharg to Asaluyeh
Persian Gulf: Beating heart of Iran's economy
SHANA (Tehran) – The Persian Gulf and its integral role in Iran's energy supply have made this shining body of water—stretching from Asaluyeh to Kharg—an irreplaceable pillar of Iran's economy.
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Persian Gulf Star Refinery increases production capacity by 3m liters
SHANA (Tehran) – The CEO of Persian Gulf Star Oil Company announced a 3 million-liter increase in gasoline production capacity at the world’s largest gas condensate refinery. The expansion follows major overhauls in the Phase 2 gasoline production unit and the installation of a new heat exchanger, set for completion in the Iranian calendar year 1404 (2025-26).
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Oil, gas exploration to resume in Persian Gulf after five years
SHANA (Tehran) – The head of exploration at the National Iranian Oil Company (NIOC) announced that offshore exploration had been halted since 1398 (2019) due to drilling rig limitations but expressed hope that operations would resume in the current Iranian year in shared border areas with neighboring countries.
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Global Media Cover Petroleum Minister Visit to Persian Gulf
SHANA (Tehran) - Iranian Minister of Petroleum Mohsen Paknejad started a tour on Saturday to visit Iran's main oil and gas facilities in the Persian Gulf region.
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Value chain development unit of Persian Gulf Bidboland Gas Refining Company put into operation
SHANA (Tehran) – The value chain development unit of Persian Gulf Bidboland Gas Refining Company became operational.
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PGPIC, Top Iran Firm
TEHRAN (Shana) – Persian Gulf Petrochemical Industries Company (PGPIC) ranked first among the 500 top enterprises of the country by winning the first rank in the three indices of "sales value", "exports" and "highest market value".
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PGPIC Backs Creative Ideas: CEO
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) announced the priority of this company to increase the production of products, and said: “In this field, we welcome creative ideas.”
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PGPIC Installed Capacity to hit 46mt/y by 2026
TEHRAN (Shana) -- The installed capacity of Persian Gulf Petrochemical Industries Company (PGPIC) is planned to hit 46 million tons per year by 2026 from currently 28 mt/y, an official with the holding says.
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PGPIC Generates $4bn in H1
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said his company had generated over 4 billion dollars in the first half of the current calendar year, which began on March 21.
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PGPIC Eyes 20.5 mt Output in 1401
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was preparing to supply 20.5 million tons of products by the end of the current calendar year, which began on March 21.
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Bidboland Gas Refinery to Supply Propylene
TEHRAN (Shana) -- The CEO of Bidboland Persian Gulf Gas Refining Company, announcing that the executive operation of the PDH project of the company for production of propylene from propane, would begin soon, said: “The company also plans to complete the polypropylene production chain.”
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CEO of PGPIC Appointed
TEHRAN (Shana) -- The head of the board of directors of the Persian Gulf Petrochemical Industries Company (PGPIC) appointed Abdul Ali Ali Asgari as the CEO of the holding company.
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PGPIC Exports hit $2.4b in H1
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding’s made $2.4 billion by exporting petrochemicals in the first half of the current Iranian fiscal year which began on March 20.