Iranian President Ebrahim Raeisi and the country's Foreign Minister Hossein Amir-Abdollahian were martyred in the helicopter crash that occurred on Sunday.
IRAN Feed Atom
Since the 13th administration took office in August 2021, approximately 25 million cubic meters of associated gases have been collected, and the figure will reach 40 million cubic meters per day at the end of the current Iranian calendar year 1403.
Iran’s oil production rose by 50 thousand barrels a day reaching 3.3 million barrels per day in April, the International Energy Agency (IEA) announced in its latest monthly report.
The Petroleum Ministry has spent 5 billion dollars so far to stop burning associated gases, a move that I would like to appreciate, hoping the initiative to be continued especially in the West Karoon region.
The NIGC’s director for energy and carbon, Sajed Kashefi, says that trading of the natural gas saving certificates will be started in Iran’s Energy Exchange (IRENEX) in near future.
By relying on domestic capabilities, the National Iranian South Oil Company (NISOC) has succeeded in boosting oil production by 60 percent over the last two years.
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 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.