Tag Archives: Iranian Ministry of Petroleum

Russian companies have indicated interest in Iran’s gas development projects.

It was decided during the meeting that majority of members curtail production by a combined amount of 1.2 million barrels.

The NIDC owns 75 light. heavy and ultra-heavy onshore and offshore drilling rigs.

Resources from the National Development Fund of Iran (NDFI) and OIEC are being tapped to complete the project.

NIOC has widened the scope of exploration activities in the Persian Gulf.

The output of the new plant will be produced from associated gas.

Iran is ready to inject gas into the export pipeline.

Shell and Total have signed agreements to invest in gas resources offshore Iran.

Iran'.s electricity industry ranks 14th in the world in terms of output and 19th in terms of consumption.

NITC has leased 30 of its tankers to foreign companies since JCPOA implementation.