Tag Archives: National Iranian Oil Co. (NIOC)

Iran and Gazprom have created a roadmap on fields, there are several working groups, Iranian Deputy Petroleum Minister Ahmad Asadzadeh said. “Another area is the development of fields in Iran. This is one of the topics in the agreement. We have created a roadmap with Gazprom, we have several working …

The Iranian Oil Minister said that Iran’s crude oil exports are being carried out without any problems to the target markets. Javad Owji stated that the sale and export of crude oil are ongoing without any interruption, adding that currently, the export of oil is going on without any problems. …

National Iranian Oil Company (NIOC) is planning to boost the country’s oil production to 4.038 million barrels per day (bpd) in the current Iranian calendar year (ends on March 20, 2023), Shana reported on Monday, quoting an official with the company as saying. According to Hormoz Qalavand, NIOC’s director of …

The CEO of the National Iranian Oil Company has said the signing of strategic cooperation agreement between Iran and Russia is the biggest investment deal in the history of Iranian oil industry. Speaking at a ceremony where the agreement between the NIOC and Russia’s Gazprom Company was signed, Mohsen Khojastehmehr …

The National Iranian Oil Company (NIOC) and Russia’s Gazprom signed a memorandum of understanding worth roughly 40 billion dollars. The document was signed during an online ceremony on Tuesday by NIOC CEO Mohsen Khojastehmehr and Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee. The development of Kish and North …

Iran’s income from the export of oil, gas, petroleum and petrochemical products has risen 66 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year, the director-general of Oil Ministry’s Public Relations Department …

The Manager of National Iranian Oil Company (NIOC) for Investment and Business Affairs announced the conclusion of a confidential contract, valued at €500 million, with a foreign company. Fereydoun Kord-Zanganeh made the remarks on Sunday in an interview with the Iran newspaper and stated that the company signed oil contracts …

Managing director of the National Iranian Oil Company (NIOC) and top managers of Russia’s Gazprom Company emphasized here on Friday to expand cooperation in energy field. The agreement was signed in a meeting between NIOC Managing Director Mohsen Khojastehmehr and top managers of Russia’s Gazprom on the sidelines of the …

Venezuela has begun importing Iranian heavy crude to feed its domestic refineries, Venezuelan oil company PDVSA announced. Iran and Venezuela last year initially agreed to a swap deal, with PDVSA importing Iranian condensate to dilute and process its extra-heavy oil for export, Reuters reported. In return, Venezuelan crude is being …

An official with the National Iranian Oil Company (NIOC) revealed that Phase 11 of the South Pars Gas Field is expected to generate 14 million cubic meters of gas per day by the end of current Persian calendar year (March 20, 2023). According to IRNA, Karim Zobeidi, NIOC’s director of …