Tag Archives: Tehran Times

Iranian Oil Minister Bijan Namdar Zanganeh has said Iran is ready to return to the oil market as soon as the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is revived and the U.S. sanctions are lifted, Shana reported. Zanganeh made the remarks after attending the 17th …

Non-oil products worth $61 million were exported from Arvand Free Trade Zone (FTZ), in Iran’s southwestern province of Khuzestan, during the 1.5-month period since the beginning of the current Iranian calendar year (March 21), according to a provincial official. Seyed Ali Mousavi, the deputy head of Arvand Free Zone Organization …

Iranian Energy Minister Reza Ardakanian, who is the chairman of the Iran-Iraq Joint Economic Committee, has said Iraq is going to transfer $125 million of its energy dues to Iran to a European bank to be paid for 16 million COVAX Covid-19 vaccines. “The necessary license has been issued to …

Iranian Offshore Oil Company (IOOC) has implemented a pilot enhanced oil recovery (EOR) project in which a nanofluid has been injected into an oilfield in southern Iran for the first time to boost its recovery factor. The high-tech project was unveiled in a ceremony attended by officials from IOOC, the …

Managing director of the National Iranian Oil Company (NIOC) has announced the beginning of oil transfer operation through Goreh-Jask pipeline which is laid from Goreh oil terminal in the southwestern Bushehr Province to Jask oil terminal along the Gulf of Oman. Masoud Karbasian made the announcement on the sidelines of …

The managing director of National Iranian Gas Company (NIGC) said that 96 percent of the country’s population enjoy natural gas at the present. Emphasizing the need to pay attention to the stability of the network, the creation and use of processes, Hasan Montazer Torbati said: “Iran’s 96 percent of population …

While the past Iranian calendar year (ended on March 20) was a difficult time for Iran’s oil sector, which is the country’s major source of income, some great performance was witnessed in terms of refining and distribution of oil and oil products. A four-fold rise in the exports of oil …

Iran has traded 134 million tons of non-oil commodities worth $65.5 billion in the first 11 months of the current Iranian calendar year (March 20, 2020-February 18, 2021), according to the head of the Islamic Republic of Iran Customs Administration (IRICA). As reported by IRIB, during the mentioned period, 103 …

Managing Director of the National Iranian Oil Company (NIOC) has outlined the main Health, Safety and Environment (HSE)-related priorities of the company to its major subsidiaries namely Iranian Offshore Oil Company (IOOC), National Iranian South Oil Company (NISOC), and Iranian Oil Terminal Company (IOTC). In a directive addressed to the …

Two liquefied petroleum gas (LPG) storage tanks of phase 22-24 of Iran’s South Pars gas field have gone operational and ready to store 80,000 cubic meters of gas, the head of Iran’s Pars Oil and Gas Company (POGC) announced on Saturday. According to Mohammad Meshkinfam a total of four storage …