Tag Archives: SHANA

Persian Gulf Fajr Energy Co. CEO said the firm saved 150 billion Iranian rials by localizing manufacturing of 700 items in Iran.

The last offshore platform of Phase 14 of the massive South Pars gas field has been installed.

Karoon Petrochemical Company had plans to unveil new items within the next 6 months which would enhance the firm’s profitability and competitiveness in the world market.

The company had already fulfilled 85% of its planned output. adding the company was bracing to break its production record by the end of the current calendar year to March 20.

Measures had been taken to bring Iran’s natural gas production capacity to 1 billion cubic meters per day by next Iranian calendar year which begins on March 21.

Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs.

A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC).

South Azadegan is estimated to hold 25.6 billion barrels of oil in place.

The South Pars gas condensate storage and metering project manager announced the increase in storage capacity of gas condensate in the field to 3.5 million barrels.

National Iranian Drilling Company has announced it successfully drilled over 132.000 meters of oil and gas wells over the course of the past 10 months.