Tag Archives: Iranian Ministry of Petroleum

Some 120 kilometers southeast of the southern Bushehr Province. Iran owns a gas field holding more than 57 tcf of gas in place.

Omid Asakareh. CEO of Negin Afagh Kish Energy Development Co (TENCO). says his company is set to sign an agreement for the development of an oil field in southern Iran.

Iran'.s nuclear programs will strongly continue despite the sanctions.

Last year. four of the eight tanks in the project were put into operation.

Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs.

A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC).

South Azadegan is estimated to hold 25.6 billion barrels of oil in place.

The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals.

The purpose of signing these contracts is to solve the problems of the fields considered in the deals and enhancing their recovery factor.

The development activities of the company in the joint fields of West Karoon and South Pars are seriously being pursued and their results are evident.