Tag Archives: Iranian Ministry of Petroleum

Ahmad Shirzadi. exploration director at Khazar Exploration and Production Company (KEPCO). has announced the start of two major projects within areas run by this company.

Iran is currently under sanctions and consequently its oil production has faced with restrictions. But Minister Zangeneh said Iran’s known oil and gas reserves should not be ignored in the mid and long-term.

Iranian Oil Ministry has started new initiatives to support domestic manufacturers by guaranteeing to purchase their quality items needed in the oil industry.

Currently. 18 companies are operating in the field of catalyst production in Iran.

Aghajari Oil and Gas Production Company (AOGPC) has successfully overhauled 21 gas turbines in its repair shop.

The central bank of Iran (CBI) was to bankroll Siraf refining project by investing Rls. 200.000 billion in the plan.

Iranian Ministry of Petroleum has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry.

The CEO of the National Petrochemical Company (NPC) said that Iranian refineries and petrochemical plants consumed 400 million dollars’ worth of catalysts annually.

An investment of $75 million was to be made in the project by tapping the domestic resources of NIOC in the first phase.

The GOGPC has signed 54 deals with local manufacturers for production of oil industry items and parts over the first half of the current calendar year. which began on March 21.