Tag Archives: Iranian Ministry of Petroleum

The National Iranian Drilling Company (NIDC) has drilled 111.000 meters of oil and gas wells since March 2019.

Drilling of the first appraisal well in Ghezel Tappeh Reservoir. Golestan. had started to develop the Middle East’s largest gas storage facility.

NGL 3.100. 3.200 and Persian Gulf Bidboland Refinery played key roles in feedstock supply petrochemical plants.

The consuming gas domestically it would be worth 20 cents but by exporting it the country could make 50 cents which would be highly beneficial for the economy.

The production and exports of Persian Gulf Petrochemical Industries Company (PGPIC) are satisfactory for the time being.

The government has no plan for increasing the price of diesel in the country at least by the end of the current local calendar year on March 20.

Recently. POGC installed two platforms in the gas field which belong to the Phase 22-24 project.

Iran is currently producing 630 mcm d of gas from the joint offshore field.

Iranian petrochemical plants are defeating the US sanctions against the country as they have managed to materialize their objectives in sales and production so far. CEO of Jam Petrochemical Plant.

Iran’s total PVC production capacity is 730.000 tons year.