21 phases of South Pars Gas Field. which have become operational. produce more than 800.000 barrels of condensates every day.
Read More »Iran`s New Oil Contracts Will Help Job Creation
New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry. according to Reza Khayyamian. head of the Society of Iranian Petroleum Industries Equipment Manufacturers. If foreign companies come to Iran`s energy market and sign the (oil) deals. almost …
Read More »BP Says Caspian Gas Pipeline`s Georgia Section Ready by Mid-2018
Around 10 billion cubic metres (bcm) per year of Azeri gas should reach Europe by 2020 through the Trans Adriatic Pipeline.
Read More »Iran Ready to Back OPEC Deal Extension
Present volume of Iran’s crude output stands at 3.8 million barrels according to secondary sources.
Read More »Asian Imports of Iranian Oil Rise 27% Year-on-Year in March
Iran needs foreign investment for repairs and upgrading of its oil and gas fields.
Read More »Iran May Expand LPG Export to India
Gas extraction from the giant South Pars field in the Persian Gulf has exceeded 550 million cubic meters per day.
Read More »Iran`s May Crude Exports Set to Fall
In March. Iran loaded around 2.6 million bpd a day of both crude and condensate.
Read More »NIOC Inks Oilfield Study MOU with Iranian Firm
Based on the document. GIC will have 6 months to hand in the result of its studies over the fields to NIOC.
Read More »Ghadir Co. Inks Deal to Study 4 Oil. Gas Fields
Ghadir is the largest investment company listed on the Tehran Stock Exchange.
Read More »NPC Encouraging Construction of New Companies to Expand Production
22 petrochemical projects are under development in Mahshahr at an estimated cost of $1.3 billion.
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