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NIOC chief says 3 oil contracts to be signed by year-end 03 Mar 2018

NIOC chief says 3 oil contracts to be signed by year-end

 Managing director of the National Iranian Oil Company (NIOC) said Sat. that three oil contracts will be signed by the end of the current Iranian fiscal year (by March 20, 2018). Ali Kardor made the announcement on Saturday on the sidelines of the 2nd International Congress and Exhibition on Exploration and Production, and the 5th […]

Iran ready to export gas to all neighboring countries 14 Feb 2018

Iran ready to export gas to all neighboring countries

Mr. Montazer Torbati, the MD of IGEDC, told the media that Iran has completed its domestic network of gas pipelines and is ready to export gas to all neighboring countries on their demand. “Iran gas exporting to Baghdad from Naftshahr is consistently continuing and as announced earlier Iran is ready to export gas to Basra […]

Iran to become gas technical–engineering services exporter 06 Feb 2018

Iran to become gas technical–engineering services exporter

Iran is planning to become an exporter of technical and engineering services in gas sector, National Iranian Gas Company (NIGC) Managing Director Hamidreza Araghi announced. “We have already negotiated with some neighboring countries to export such services to them”, Hamidreza Araghi, the Managing Director of the National Iranian Gas Company (NIGC), said in a press […]

Hengam gas field’s processing facilities to go on stream soon 06 Feb 2018

Hengam gas field’s processing facilities to go on stream soon

TEHRAN – Gas processing facilities of Hengam gas field (in the Persian Gulf) is going to be officially inaugurated in near future, Shana reported on Monday quoting an official with the Iranian Offshore Oil Company (IOOC). According to IOOC’s Managing Director Hamid Bovard, all the field’s process, infrastructure and utility unites, including demineralization, sweetening, pipelines, […]

Gas consumption hits record 31 Jan 2018

Gas consumption hits record

 National Iranian Gas Company spokesman says that gas consumption in Iranian household crossed the 570 million cubic meter today, the highest consumption of natural gas in recent years. National Iranian Gas Company spokesman Majid Boujarzadeh said that in on February 4, 2017, Iranian household consumed 538 million cubic meters of natural gas, while this figure […]

TAPI gas pipeline ‘unlikely’ to compete with Iran 30 Jan 2018

TAPI gas pipeline ‘unlikely’ to compete with Iran

TEHRAN– Iranian oil minister said on Tuesday that the Turkmenistan-Afghanistan-Pakistan-India Pipeline (TAPI) is unlikely to be built, blaming the Pakistani side for failing to complete Iran-Pakistan pipeline. Referring to the construction of a pipeline to transfer gas from Turkmenistan to the Indian subcontinent with Saudi Arabia’s finance, Bijan Namdar Zanganeh said “there are barriers to […]

No compensation for Total if it fails to invest in Iran gas project 28 Jan 2018

No compensation for Total if it fails to invest in Iran gas project

Iranian Minister of Petroleum Bijan Zangeneh says Iran will undergo no damages if the French energy major, Total, fails to invest 500 million dollars in a major gas project in Iran by mid-2019. “If the French company, Total, fails to bankroll at least $500 million in the South Pars 11 project by mid-2019, the Iranian […]

Gas production in South Pars hits 555 mcm/d 23 Jan 2018

Gas production in South Pars hits 555 mcm/d

TEHRAN- Production of gas from Iran’s South Pars gas field stands at 555 million cubic meters per day (mcm/d), according to the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field. Mohammad Meshkinfam made the remarks in a meeting with Oil Minister Bijan Namdar Zanganeh and the […]

Iran’s oil, gas harvest remarkable: Veep 23 Jan 2018

Iran’s oil, gas harvest remarkable: Veep

Iran’s First Vice-President Es’hagh Jahangiri said that the oil and gas produced from the joint fields shared by Iran and Iraq have increased significantly. “The progress of plans of resistance economy was remarkable in the area of oil ministry and the national achievement in harvesting oil and gas from joint oil fields is significant,” said […]

Iran prepared to export gas to Oman by land 15 Jan 2018

Iran prepared to export gas to Oman by land

TEHRAN – Iranian deputy minister of petroleum said that according to Iran, Oman negotiations, it is upon Iran to provide the necessary infrastructures for exporting gas from Iran to Oman through undersea pipelines plus exporting gas to Oman by land. Hamidreza Araghi discussed the development of the project on gas export from Iran to Oman […]