Tag Archives: Production

The aim of development South Yaran field is production of 50.000 to 60.000 barrels of oil and 60 million cubic feet of gas a day.

BP is taking a more cautious approach ahead of a Donald Trump presidency which threatens renewed diplomatic tensions with Tehran.

Iran Petroleum Industry Federation was established on 26th of April 2016. by different sectors active in Iran oil industry.

The NIGC has done enough preparations to supply gas needed for the northern and northeastern parts of the country.

The natural gas Iran imports from Turkmenistan is not of a high volume and it tends to be a specific amount.

Production of petrochemicals and polymers is expected to surpass the 50-million-ton mark by March.

Around 17 billion cubic meters of gas is burned off in Iran annually which translates into a $4-6 billion loss for the treasury.

The country’s heavy oil price was reported $38.96 on average since the beginning of 2016 until December 23.

Implementation of research project to identify gas shales has begun in Lorestan province and the Zagros basin.

NIGC has ensured it gas supplied will not be disrupted for the household sector of the country.