Persian Gulf Bidboland Gas Refinery has signed three contracts valued at a total of €165 million with local firms for the manufacture of a plant to capture flared gas and convert it into usable fuel.
Stating that the export of 2.3 million barrels is possible, Minister of Oil Bijan Zanganeh said that Iran does not need permission to return to oil markets.
Oil Minister Bijan Zanganeh says the United States is responsible for deaths of over 400 Iranians per day due to coronavirus infection as Washington prevents Tehran's access to financial resources it needs to fight the pandemic.
Oil Minister Bijan Zanganeh in a message in his twitter account announced that 25th International Oil, Gas, Refining, and Petrochemical Exhibition has been postponed due to the spike in the Coronavirus (COVID-19) virus.
Oil Minister Bijan Namdar Zanganeh yesterday reiterated that the ministry refutes reports that it is to increase the price of fuel oil.
that using Iranian gas is very economical for Iraq because natural gas replaces diesel, which is more than twice the price of the gas.
Oil Minister Bijan Namdar Zanganeh says over 70 percent of equipment needed for the recent oil contracts are produced in the country.
Iran’s oil industry activities have been going on strongly in the past two years since the US pulled out of the nuclear deal and reimposed sanctions.
Oil Minister Bijan Zanganeh says the developmental project of Farzad B Gas Field will be carried out with domestic companies and Indians will have no room in it.
Iranian Oil Minister Bijan Namdar Zangeneh urged petrochemical complexes to supply the downstream industries with the necessary raw materials for manufacturing products used for equipment and systems needed for containing the COVID-19 outbreak.