Iran has completed 13 phases of South Pars Gas Field (SPGF) in the past seven years to bring the country’s production of natural gas to 700 million cubic meters from this field. Development of South Pars Gas Field has been among the top priorities of the Ministry of Petroleum. Seven …
Read More »Iran Ranks Top for Oil & Gas Exploration
National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil giants in the world. Managing director of National Iranian Oil Company for explorations affairs Saleh Hendi said that based on ‘Wood Mackenzie’ reports with regard to exploration of hydrocarbon resources …
Read More »Iran Launches $126m First Phase of Qeshm Oil Terminal in Iran
Iran has announced the launch of the first phase of a new oil export terminal in the Direstan region. The project, which was officially launched by the Iranian President Hassan Rouhani, is expected to increase the export capacity of the country. The first phase of the Qeshm oil terminal with …
Read More »Iran Exports $2.5bln Worth of Non-Oil Goods to Middle Eastern Countries
Director-General of Iran’s Trade Promotion Organization’s Office for Arabian and African Countries Farzad Piltan announced exports of about $2.5 billion worth of non-oil goods from Iran to the Middle Eastern countries over the past five months. “Iraq, the UAE, Oman, Kuwait, Syria, Qatar, Jordan, Lebanon, and Bahrain have been the …
Read More »Iran 5-Month Petchem Output up 6% Y/Y
Production stood at 25 million tons during the period, adding petrochemical plants operated with a good capacity during the 5 months.
Read More »25th Iran Oil Show to be Held in October
According to the National Iranian Oil Company (NIOC), the announcement of the headquarters of the International Exhibition of Iranian Oil states: “The event will be held from 12 to 15 October, 2020.
Read More »Iran Creates 2.6 mb of Refinery Capacity by Developing Gas Supply Network since 2013
Gas extraction from the South Pars joint field with 420 million cubic meters daily increase from 280 million cubic meters in 2013 has reached the current figure of 700 mcm, adding gas production from this field has increased 2.5 times.
Read More »Iran’s Gas Exports Doubled in Seven Years
Iranian Minister of Petroleum Bijan Zangeneh announced on Monday that Iranian gas export has doubled over the past seven years period. Zangeneh made the remarks at opening ceremony on 151 gas distribution projects in the western Iranian province of Kermanshah. The exports of liquid fuel have quadrupled in the mentioned …
Read More »Non-Oil Exports from Iran’s Chabahar Port Almost Doubles
The export of non-oil commodities in the current Iranian year –a period of around 6 months- via the southeastern port city of Chabahar has risen by 95 percent compared to the corresponding period a year earlier, an official said. Director General of the Ports and Maritime Organization of Iran in …
Read More »Iran Foreign Trade Exceeds $24 Billion in 5 Months
Ministry of Industry, Mine, and Trade put the value of Iran's foreign trade in the first five months of the current fiscal (March 20-August 21) at $24.6 billion.
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