Since the 13th administration took office in August 2021, approximately 25 million cubic meters of associated gases have been collected that is going to reach 40 million cubic meters per day at the end of current Iranian calendar year 1403.
IRAN Feed Atom
Iran produced 3.212 million barrels per day (bpd) of crude oil in April, registering a 14,000 bpd increase compared to the previous month, according to OPEC’s latest monthly report.
To facilitate oil products transfer, one thousand kilometers of pipeline will come online this Iranian calendar year, ending on 20 March 2025, Iranian Minister of Petroleum, Javad Owji, said.
Iran and Russia have voiced their readiness to expand cooperation in gas technologies.
Iranian President, Ibrahim Raisie promulgated the law pertaining to referral the dispute between the Iranian Gas Engineering and Development Company (IGEDC) with the State Trading Corporation of India LTD to arbitration.
India expects to secure a “long-term arrangement” with Iran on the management of the Iranian port of Chabahar, India’s foreign minister said on Monday as the country’s shipping minister left on a visit to Iran.
Iranian Foreign Affairs Ministry spokesman, Naser Kanaani, recommended the neighboring country Kuwait to start expertise and technical talks with Tehran on the Arash gas field.
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.
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.