Iranian Petroleum Minister Bijan Zangeneh said on Monday that Iran will not seek the permission of others to return to oil market because it believes it has right to do so. He said that it is possible for Iran to revive a 2.3 million bpd of oil exports. “As a …
Read More »Iran to Boost Oil Output to over 4 mil b/d Starting March 2021
Iran is planning to produce 4.5 million b/d of crude oil and condensate in its next year that starts March 21 and export 2.3 million b/d of it if current US sanctions are lifted, state news agency IRNA reported Dec 13. Jafar Ghaderi, a member of parliament’s planning and budget …
Read More »Iranian Exports to Eurasia from Astara Port Rise by 11%
Despite the US cruel sanctions and EU’s lack of commitment to the Joint Comprehensive Plan of Action (JCPOA), Iran’s cooperation with Eurasia has provided a broad range of opportunities for Tehran, including regional trade and boosting Iranian non-oil exports. According to official reports, despite the corona pandemic, the volume of …
Read More »Iran Ready to Increase Oil Production Rapidly
President Hassan Rouhani stressed Iran’s readiness to increase its oil production capacity to normal export volumes, stressing that pre-JCPOA sanctions had led to restrictions in oil production and sale. Addressing the economic coordination committee meeting on Sunday, Rouhani said after the implementation of Iran’s nuclear deal and lifting of sanctions, …
Read More »IAEA should Fulfill Responsibility to Condemn Terrorist Attach against Fakhrizadeh
Iran’s Ambassador to the Vienna-based international organizations Kazem Gharibabadi says the International Atomic Energy Agency (IAEA) should fulfill responsibility to condemn terrorist attack against Iranian scientist Mohsen Fakhrizadeh. Gharibabadi made the remarks while speaking to reporters on Monday. The ambassador criticized the IAEA for keeping silent on the issue. Fakhrizadeh- …
Read More »Iran’s Oil Production from Shared Fields with Iraq Grows by 460% in Seven Years
Iran is producing more than 400,000 b/d of oil from West Karoon fields, shared with Iraq, which shows a 460 percent growth compared to figures from seven years ago. Iran’s oil production from West Karoon fields stood at 71,000 b/d seven years ago when President Hassan Rouhani began his first …
Read More »Iran to Augment Oil, Gas Exports by Building Energy Complex
A senior official in the southwestern province of Khuzestan believes that oil and gas exports will increase by building energy complexes in the province having great industrial capacities. Ali Karani, member of board of governors of industry equipment manufacturers of Khuzestan, made the remarks in an intevriew with IRNA on …
Read More »IAEA Says It has Access to Verify Iran Safeguards Commitments
The International Atomic Energy Agency (IAEA) said in its latest statement that it has access to Iranian nuclear sites to verify Iran Safeguards commitments. “This report of the Director General to the Board of Governors and, in parallel, to the United Nations Security Council, is on the Islamic Republic of …
Read More »Iran Resumes Gas Excavation from Phase 16 of South Pars Field
The offshore platform of Phase 16 of southern Iranian South Pars Field has come back to production, according to an official with Pars Oil and Gas Field. The platform stopped gas excavation a year ago due to damages to parts of its pipelines stretching 110 kilometers on the seabed. Alireza …
Read More »Iran, Qatar Ministers Review Cooperation on Electricity
Iranian Minister of Energy Reza Ardakanian and Qatari Minister of State for energy affairs reviewed ways to advance the agenda of cooperation on electricity sector. The two ministers underlined to develop and continue with cooperation on The Regional Centre on Urban Water Management (RCUWM-Tehran) under the auspices of UNESCO. Both …
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