Tag Archives: Production

The plant is now processing 450.000 barrels of gas condensate. adding the refinery supplies 47 ml d of Euro-5 gasoline.

Minister of Industry. Mine and Trade Reza Rahmani said that production line of four types of vehicles will be stopped by the end of the current year (started March 20. 2019).

The IOEC signed an initial agreement with the NIOC to explore oil and gas in block Bamdad in the Persian Gulf. the Ministry of Petroleum’s news outlet disclosed today.

Electricity delivery from the Kalax wind farm is expected to start in early 2021.

An Iranian high-tech company will provide Qatar with a high-quality. graphene-based antibacterial type of paint to be used in public places during the 2022 FIFA World Cup.

Iranian Vice-President and Head of the Management and Planning Organization said that the allocation of over $1.25 billion from the National Development Fund to plans devised against US sanctions have led to the creation of around 250.000 jobs so far.

Some 80 percent of oil products of the refinery is offered through the international floor Iran Energy Exchange (IRENEX).

Rig counts have fallen sharply over the past year. down more than 20 percent from late 2018.

A Memorandum of Understanding (MoU). valued at €60 million. was signed between two Iranian firms for the development of petrochemical equipment.

A minor fire at Iran’s oldest and largest oil refinery in the Southwestern city of Abadan has been completely extinguished. authorities announced.