Iran’s Permanent Ambassador to the Vienna-based International Organizations Kazzem Qaribabadi said his country has urged the International Atomic Energy Agency to ensure that the information of its nuclear program would not be leaked. “The Islamic Republic of Iran has officially informed the IAEA of its concerns regarding the principle of …
Read More »NIOC Outlines HSE Priorities for Major Subsidiaries
Managing Director of the National Iranian Oil Company (NIOC) has outlined the main Health, Safety and Environment (HSE)-related priorities of the company to its major subsidiaries namely Iranian Offshore Oil Company (IOOC), National Iranian South Oil Company (NISOC), and Iranian Oil Terminal Company (IOTC). In a directive addressed to the …
Read More »OPEC: Iran’s Crude Oil Output Grows in January
Iran has continued its push toward retaining the oil market share as the country added more barrels to its daily production in January compared to the previous month, data published by OPEC showed. Iran’s crude oil output averaged 2.08 million barrels per day last month, an increase of 62,000 bpd …
Read More »Iran’s Crude oil Output Grows in January
Iran continues its march toward retaining the oil market share as the country added more barrels to its daily production in January compared to the previous month, data published by OPEC showed. Iran’s crude oil output averaged 2.08 million barrels per day last month, an increase of 62,000 bpd from …
Read More »Iran, Turkey Negotiating to Renew Gas Accord
The deputy petroleum minister for international and commercial affairs said on Monday that the present agreement for gas export to Turkey is valid until 2026 and the talks for extending the accord has started by National Iranian Gas Company, Trend reports citing IRNA. Speaking in the 3rd Specialized Summit on …
Read More »Iran’s Natural Gas Output Hits Record High Even as US Sanctions Curb Investment
Iran’s natural gas production has reached a record high even as US sanctions caused major international exploration companies to scale back their activities in the Islamic Republic. Production has hit a record of 1.04 Bcm/d, Iran’s oil minister Bijan Zanganeh said Feb. 7 on the sidelines of a petrochemicals conference …
Read More »Iran’s Non-Oil Export Hits 80% in 4 Decades
Iran’s Deputy Economy Minister said on Saturday that Iran’s non-oil export was 5% in 1979 while it has reached 80 percent in the past 42 years. Speaking in a conference of exporters at the Chamber of Commerce of Kashan, central Iran, Abbas Memarnejad said that although the volume of export …
Read More »Iran Biggest Gasoline Exporter in OPEC
The Iranian deputy oil minister said that the country has become the biggest petrol exporter among the OPEC countries by increasing production and thanks to COVID-19 pandemic restrictions. Speaking to the Iranian Tasnim news agency, Deputy Oil Minister Alireza Sadegh Abadi said that thanks to the restrictions imposed on the …
Read More »Iran’s Gas Refining Capacity up 28-Fold in 24 Years
Iran’s daily gas refining capacity stood at 36 million cubic meters before the victory of the Islamic Revolution, which experienced a 28-fold increase within 42 years. As the Iranian Oil Minister Bijan Namdar Zangeneh mentioned, the gas industry developed after the victory of the Islamic Revolution; so, the daily gas …
Read More »Iran Top Petrochemical Power in Region
Iranian Oil Minister Bijan Zangeneh underlined that the country’s petrochemical industry is among the most powerful ones in terms of technology, equipment and production rate. “We are one of the top petrochemical countries in region in terms of technology and the ability to build much-needed equipment, as well as the …
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