Over the last Iranian calendar year of 1402, ended 19 March 2024, petrochemical production capacity surged by 5 million tons while oil and gas sectors grew by 20 percent, Iranian Minister of Petroleum, Javad Owji, said.
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Iran’s Vice-President for Scientific, Technology and Knowledge-Based Economy, Ruhollah Dehghani Firouzabadi, says that the Petroleum Ministry has won the first rank for the first-time production of strategic goods.
The head of the National Petrochemical Company (NPC) said the country’s petrochemical production capacity will top 100 million tons by the end of the current Iranian calendar year (March 20, 2025).
Overtaking Iraq, Iran has become the second producer of liquid fuels in the Organization of Petroleum Exporting Countries (OPEC).
With the assistance of NIOC’s board of directors and allocation of 800 million euros during the past 2.5 years of the 13th administration in office, the Iranian Offshore Oil Company (IOOC) has been able to take appropriate steps to renovate its installations.
Turkey is interested in buying more gas from Iran, said the director general of the Mediterranean and Eastern Europe department of the Foreign Ministry, adding that transit of Iranian gas to Eastern Europe through Turkey is possible.
Since the 13th administration took office 2.5 years ago, we have waited neither for foreign companies nor negotiations to provide our needs to goods but have been looking for meeting our needs at home, Iranian Minister of Petroleum, Javad Owji said.
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.
Iran is to launch 15 petrochemical projects by the end of the current Iranian calendar year (to end on March 20, 2025), said the managing director of National Petrochemical Company of Iran (NPC) here on Saturday.
Deputy Chairman of Turkmengas State Concern, Murad Archaev, emphasized the significance of bilateral cooperation with Iran in the gas industry, focusing on techno-engineering services export and gas swap.
The National Iranian Oil Refining and Distribution Company (NIORDC) managing director announced on Friday that investment opportunities valued at $19 billion are ready for investors in Iranian refining industries.
Yemen’s Ambassador to Tehran Ibrahim Mohammed al-Dailami called for expansion of energy cooperation between his country and Iran along with the exchange of scientific and technical oil data.
Pars Oil and Gas Company's managing director, Mohammadhosain Motejali, emphasizes the importance of investing in the South Pars gas field, which provides 70% of domestic natural gas needs.
Iran's National Petrochemical Company reported that its petrochemical complexes, with 79% of their capacity, produced 74.3 million tons of petrochemicals in the last Iranian year.
Iran's Oil Minister Javad Owji says the country’s oil production has increased by 60 percent in the current government starting August 2021, Shana reported.
Gas imbalance is a major barrier to expansion of export markets for Iran, said Mehdi Seyyedi, the head of the Ministry of Petroleum’s Europe, Americas and CIS Affairs Division in a meeting to study Iran’s capacities to become a gas hub, emphasizing the ways to gain positive gas balance.
Iranian Minister of Petroleum Javad Owji held talks with the Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel on Thursday and discussed latest development in global gas market.
Managing director of the Iran Fuel Conservation Company (IFCO), Hosain Abniki, says energy consumption in Iran is more than double the world standards.
Iran's liquefied petroleum gas export increased by 30% in the last Iranian year of 1402, according to the International Affairs Department of the National Iranian Gas Company.
Iran's crude oil production has risen by 70% in 2.5 years under the 13th Administration, according to Mohsen Khojastehmehr, CEO of the National Iranian Oil Company.