Tag Archives: Iranian Ministry of Petroleum

The first phase of Persian Gulf Star Refinery products are now out.

Iran aims to attract $72 billion in foreign investment for 80 petrochemical projects.

In 1999. Iran made the same move to domestically manufacture gas turbines for consumption in its gas industry.

Almost 70% of Iran’s petrochemical machinery is manufactured by Linde and Siemens.

Some 50.000 barrels will be added to Doroud and Soroush fields'. daily output by the end of the present fiscal.

It is expected that natural gas and water injection into oil fields rise by 50 and over 38 percent respectively.

Around 83.000 barrels of Yadavaran production is a blend of light crude and the rest is heavy crude.

Iran has been second-best to Qatar in gas production from South Pars.

Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.

With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.