Saudi Ambassador to Iran Abdullah bin Saud al-Anzi on Monday voiced his country’s readiness to broaden cooperation with the Islamic Republic in petrochemical sector.
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Iranian Oil Minister Javad Owji said the Islamic Republic will not give up its share of the Arash gas field, known as Al-Dorra in Kuwait and Saudi Arabia, in the Persian Gulf.
Iran’s National Petrochemical Company (NPC) managing director on Sunday said the twentyfold increase in number of foreign participants of the 17th IranPlast International Exhibition means that “economic sanctions and threats have no place” in petrochemical industry.
The 17th International Exhibition of Plastics, Rubber, Machinery and Equipment, commonly known as IranPlast International Exhibition, kicked off here on Sunday.
Iran’s Oil Minister Javad Owji on Sunday said his country “will export crude oil and gas condensates wherever it wants”.
Iran’s National Petrochemical Company (NPC) managing director on Sunday said the twentyfold increase in number of foreign participants of the 17th IranPlast International Exhibition means that “economic sanctions and threats have no place” in petrochemical industry.
The managing director of National Iranian Oil Products Distribution Company (NIOPDC) announced that the record of gasoline consumption in the country was broken by registering the consumption of 137 million liters of gasoline per day, at the same time as the intercity traffic increased in the last days of summer.
In a meeting between an Iranian trade delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) with the deputy head of the Istanbul Chamber of Commerce (ICOC), the two sides called for improving mutual cooperation.
Iran’s International Exhibition of Plastics, Rubber, Machinery and Equipment is one of the biggest polymer expositions in the Middle East, said the National Petrochemical Company investment manager on Friday.
The Monthly Oil Market Report (MOMR) of the Organization of the Petroleum Exporting Countries (OPEC) showed that Iran has regained its position as the third-largest crude oil producer in August.
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices , while Tehran is stepping up output and exports despite U.S. sanctions.
Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as expectations of a tighter supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories.
The latest figures by the Organization of Petroleum Exporting Countries (OPEC) indicate that Iranian oil prices increased by an average of $6.1 per barrel in August.
Iran’s oil minister said his ministry has inked good agreements with neighboring Iraq in the field of exporting gas, collecting associated (flare) gas and also exporting technical-engineering services in the oil sector.
Iranian Vice President for Science, Technology, and Knowledge-based Economy Ruhollah Dehghani Firouzabadi has left Tehran for Havana to participate in the 2023 summit of the Group of 77 + China.
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