Tag Archives: Iranian Ministry of Petroleum

Exports amounted to 7.1 million tons in four months. up nearly 5% from 6.84 million tons in the same period of last year.

In July. NIOC signed an MoU with Japan’s engineering group Toyo to revamp facilities and upgrade recovery at the Salman gas field in the Persian Gulf.

'.The mission of IGU is to advocate gas as an integral part of a sustainable global energy system. and to promote the political. technical and economic progress of the gas industry.

According to SHANA. the new oil deals based on Iran Petroleum Contract (IPC) is expected to replace buy-back contracts.

Foreign investors have submitted investment proposals worth a total of $3.6 billion to develop renewable projects in Iran.

Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.

Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.

Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.

Petrochemical sales account for 34.7% of Iran’s non-oil exports and 39.1% of industrial exports in terms of value in the period.

Data show some 240 megawatts. or just around 0.3% of Iran'.s total electricity supplies come from renewable sources such as solar and wind.