Javad Owji, who is President Raisi’s suggested candidate for the Oil Ministry, has released a comprehensive program for the development of the country’s oil and gas industry during his tenure, Shana reported. The published plan is comprised of five separate sections including an introduction, some documents related to the oil …
Read More »Nearly $480m of Non-Oil Products Exported from Sistan-Baluchestan
Over 1.506 million tons of non-oil commodities worth $478.997 million was exported from Sistan-Baluchestan province in the southeast of Iran during the first four months of the current Iranian calendar year (March 21-July 22), a provincial official announced. Mohammad-Ali Khashi, the director-general of the customs department of Zahedan (the center …
Read More »Iran’s New President Holds Talks with OPEC Secretary General
New Iranian President Seyed Ebrahim Raisi hosted a meeting with the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo in Tehran on Friday, Shana reported. Barkindo briefed Raisi on the condition of the global oil market and emphasized the significant role of the Islamic Republic …
Read More »US JCPOA Pullout Costs Iran 2bn Barrels in Oil Exports Worth $120bn’
Iran’s oil minister says the US withdrawal from the 2015 nuclear deal in May 2018 deprived his country from exports of around two billion barrel of oil, worth some 120 billion dollars. Bijan Zangeneh made the comments during a meeting with Secretary General of the Organization of the Petroleum Exporting …
Read More »Russian Envoy Hopeful Iran will Play Its Part in Ensuring Oil Market Stability
Russia’s permanent envoy to international organizations based in Vienna Mikhail Ulyanov voiced hope that Iran will back OPEC+ efforts to maintain stability on the oil market after sanctions against Tehran are lifted, he wrote on Twitter on Wednesday. “Hopefully after lifting of sanctions and restoration of its oil export Iran …
Read More »OPEC Secretary General to Attend Iran President-Elect Inauguration
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Barkindo is to attend inauguration ceremony of Iranian President-elect Ebrahim Raisi, Iran ambassador to Nigeria said. Mohammad Alibak in a Twitter message referred to his constructive and friendly meeting with Mohammed Barkindo. He noted that Barkindo has appreciated …
Read More »Iran Rejects U.S., UK Accusations over Israeli Ship
Iranian Foreign Ministry spokesman Saeed Khatibazdeh has responded to allegations by U.S. and UK top diplomats against Iran about last week’s attack on an Israeli oil tanker off the coast of Oman. In a statement on Monday, Khatibzadeh said the statements issued by U.S. and UK top diplomats contain “contradictory” …
Read More »Iran Brings Onstream more South Pars Gas
The Iranian Ministry of Petroleum has inaugurated three new gas projects, according to news service Shana. These are the offshore portion of Phase 27 of the South Pars gas field development in the Persian Gulf; two offshore portions of South Pars Phase 14; and the first phase of the Siraf …
Read More »Iran Opens Isotope Technology Labs
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi inaugurated isotope technologies labs complex in Arak, Markazi province in Western Iran. “The research-production project was funded through the income of Arak Heavy Water Production Plant,” Salehi said addressing the inauguration ceremony on Saturday. He expressed the hope …
Read More »NISOC’s Oil Desalination Plant in Southern Iran to Go Operational by Mar. 2022
The director of engineering and construction at the National Iranian South Oil Company (NISOC) announced that the company’s crude oil desalination plant has reached progress of more than 90 percent and is expected to go operational in the current Iranian calendar year (ends on March 20, 2022). According to Ebrahim …
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