Managing Director of Iranian Gas Transmission Company (IGTC) Saeed Tavakkoli said that daily gas transmission capacity will hit over one billion cubic meters in 2025. He put the annual gas production capacity at 400 billion cubic meters in the same period. Turning to the gas transmission volume in the past Iranian calendar year in 1396 […]

TEHRAN- In a meeting with the senior officials on Saturday, Iranian President Hassan Rouhani called on Oil Minister Bijan Namdar Zanganeh to expedite the trend of gas supplying to the country’s power plants. Following the president’s remarks, Saeid Mo’meni, the director for gas supplying in the National Iranian Gas Company (NIGC), said there are 84 […]

Exports volume for Iran’s crude oil stands at two million and one hundred thousand barrels per day (mb/d) in March. The figure is expected to increase in April. China and India are the largest buyers of Iranian crude, with more than one million barrels in total. The figure is expected to reach nearly 1.3 million […]

The director for gas supplying in National Iranian Gas Company (NIGC) Saeid Mo’meni said that the first phase of supplying gas to Chabahar Power Plant will be put into operation in the very near future. Transferring one million cubic meter of gas per day has been cited as the main objective behind supplying gas to […]

 Iranian Foreign Minister Mohammad Javad Zarif in a meeting with Brazilian President Michel Temer welcomed Brazil’s investment in the country’s oil and gas sector. During the meeting held Tuesday in Brasilia, Iranian Foreign Minister Zarif called for expansion of economic ties and reaching a balance in trade transactions between the two countries. He also deemed […]

TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of eight oil and gas wells during the two weeks from the beginning of current Iranian calendar year (March 21), according to an official with the NIDC. Nasser Qolipour, the director for consolidated planning in NIDC, said some 7,900 meters of digging has been […]

Manager of 9th refinery of South Pars Gas Field Seyyed Mohammad Mehdi Hashemi said that gas production volume in this refinery (phase 12 of South Pars) increased 21 percent in the second half of the last year (from Sept. 22, 2017 to March 20, 2018) as compared to the first half of the same period. […]

TEHRAN – Russian companies are expected to invest over $50 billion in development of oil and gas fields in Iran, Tass reported quoting Russian presidential aide Yuri Ushakov as saying on Monday. “Energy is the most promising sphere for cooperation between Russia and Iran. Leading Russian oil and gas companies, such as Gazprom, Gazprom Neft, […]

Iranian Oil Minister Bijan Namdar Zanganeh praised the capabilities of domestic energy companies to develop oil and gas fields and said the country has more than 100 fields, which can be developed by the Iranian exploration and production (E&P) companies. Speaking at a ceremony to sign a contract between the National Iranian Oil Company (NIOC) […]

 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 […]