Iranian Oil Minister Bijan Namdar Zangeneh in a phone call with his Iraqi counterpart Ihsan Abdul Jabbar called for more cooperation between the two brotherly and friendly neighbors. Zangeneh congratulated Abdul Jabbar on his designation as the new Iraqi oil minister in Mustafa al-Kadhimi’s administration. During the phone call, both …
Read More »NIDC Drills 23 Oil, Gas Wells since March
The National Iranian Drilling Company (NIDC) has successfully drilled 23 oil and gas wells in the first two months of the current Iranian calendar year which began on March 20.
Read More »Iran Eyes 100 mt Petchem Output in 1399
Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical production capacity was planned to cross 10 million tons per year in the current Iranian calendar year which began on March 20. Speaking to Eqtesad Radio Channel, Bijan Zangeneh underlined the most important plans of the Iranian Ministry of Petroleum …
Read More »Qatar Optimist about Expansion of Joint LNG Field with Iran
Saad al-Kaabi, Qatari energy minister and chief executive of Qatar Petroleum, announced that his country intends to expand the world’s largest liquefied natural gas (LNG) project, i.e. its North Field (known in Iran as South Pars) gas field, and expects investment opportunities overseas, despite a slump in global energy demand …
Read More »Iran eyes 100mn-Ton Petchem Output till March 2021
Iranian Oil Minister Bijan Namdar Zanganeh said the country’s petrochemical production capacity is planned to cross 100 million tons per year by the end of the current fiscal (March 2021). Speaking to local radio, Zanganeh underlined the most important plans of his ministry this year, saying, “We must all take …
Read More »Gas Flow Halted Due to Turkey’s Lack of Cooperation
Iranian Oil Minister Bijan Namdar Zanganeh criticized Turkey's lack of cooperation on repairmen of the blasted Iran-Turkey natural gas pipeline.
Read More »Condensate Refineries Stymie US Anti-Iran Sanctions
Iran is in the brink of halting export of gas condensates and is instead going to process the ultra-light oil in its new refineries to produce higher-value chemicals, oil Minister Bijan Namdar Zangeneh said.
Read More »Iran’s Oil Min: Hard to Predict Oil Prices as Demand Unclear
Iran’s oil minister said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian state radio reported. “No one can predict crude prices and now the demand is vague,” Bijan Zanganeh told state radio. Zanganeh also said Turkey had “not welcomed” Iran’s offer to …
Read More »Offshore Section of South Pars Development Complete by 2021
Completion of the South Pars Offshore Section as well as 17 phases of the massive gas field by the end of President Rouhani’s second term in office to 2021.
Read More »Iran Starts Installation of Phase 11 Jacket
Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf.
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