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 …
Read More »Iran’s Exports nearly $6mln of Non-Oil Goods to EAEU
Iran exported $594 million worth of non-oil products to Eurasian Economic Union (EAEU)’s member states, a commercial official said on Wednesday. Iran has exported $594 million of non-oil commodities to the EAEU so far, Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said at the …
Read More »Iran Investigating Case of Seized Tanker
Iran’s Minister of Oil Bijan Zangeneh said that Iran is pursuing the case of an Iranian oil tanker seized in the Indonesian waters. Iran’s Foreign Ministry spokesman Saeed Khatibzadeh said in his weekly press conference earlier today that Iran is awaiting further details about the seized oil tanker, Trend reports …
Read More »Tehran Says ‘Technical Issue’ Cause of Vessel Detention after Indonesia Seizes Iranian Tanker over Alleged Illegal Oil Transfer
Tehran has dismissed allegations that an Iranian-flagged oil tanker has been seized for illegally transferring oil, despite Indonesian authorities claiming the ship was “caught red-handed.” Speaking on Monday, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said they were still waiting for more information from the Indonesian government but claimed a senior …
Read More »US Sanctions on Iran’s Oil, Petrochemicals Thwarted
Iran’s First Vice-President Es’haq Jahangiri said the country’s oil, gas, and petrochemical industries have nullified the US sanctions, noting that the oil ministry has managed to implement huge projects. “Iran’s oil, gas and petrochemical industries have thwarted the American sanctions,” Jahangiri said on the sidelines of the 25th International Oil, …
Read More »Persian Gulf Star Refinery Boosts Export of Oil Derivatives
Deputy Minister of Oil for Refining and Distribution Affairs Alireza Sadeghabadi said on Monday that the Persian Gulf Star refinery is effective to make Iran self-reliant for gasoline output and helped Iran boost export of oil derivatives as well. “Currently, an average of 48 million liters of gasoline and 17 …
Read More »Gas Condensate Production in Joint South Pars Gas Field Increasing
Production of gas condensate has increased in phases 6, 7 and 8 of the South Pars Gas Field- the world’s largest gas field in southern Iran, a state official announced on Saturday. Behzad Salari, head of plant production (4th gas plant) at South Pars gas company, made the remarks while …
Read More »Trump Failed to Decrease Iranian Oil Export to Zero
Bijan Namdar Zanganeh, Iran’s oil minister, said on Friday that the Islamic Republic did not allow the Trump administration to decrease Iranian oil export to zero. In separate remarks on Thursday, Zanganeh also said, “Trump thought we die due to the sanctions, but we did not, they are knocked down.” …
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