TEHRAN (Iran News) – Close to two million tons of the dormant capacity of Iran’s petrochemical complexes will become operational in the next Iranian calendar year (to start March 20, 2020), said a manager of the National Petrochemical Company (NPC) on Saturday.

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Reza Padidar, chairman of the Energy Committee of Tehran Chamber of Commerce, told a news conference in the Iranian capital that those European companies want Iran’s Oil Ministry to provide guarantees for domestic private firms for such cooperation, Tasnim reported.

“In recent years, in the Iranian Chamber of Commerce, we have negotiated with 114 small and medium-sized European companies, of which 32 have finally announced their willingness to cooperate with Iranian companies in the oil industry, but these companies have made a condition,” he said.

“They are ready to cooperate with Iranian companies in the form of INSTEX, if the Oil Ministry guarantees private companies,” the official said, referring to the European financial mechanism meant to circumvent American sanctions.

France, Germany and the United Kingdom launched INSTEX in January as they sought to facilitate trade with Iran after the United States unilaterally withdrew from an international agreement on Iran’s nuclear program.

Padidar said the Chamber of Commerce has recently held talks with the Oil Ministry to provide necessary conditions for domestic companies to facilitate Iranian and European oil cooperation.

“The economic structure of the country needs to change due to political and social changes. The first step is identifying the capacities, and after that, we need a strategy,” he said.

Padidar said Iran’s first strategy should be aimed at production for the domestic market.

“There are ample capacities in the domestic market, but a significant part of it has been seized by imported commodities, this is while Iran’s domestic demand can be met with domestic capacities,” he said.

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TEHRAN (Iran News) – The Eram gas field, recently discovered south of Fars Province, southern Iran, is estimated to hold 19 trillion cubic feet (540 billion cubic meter) of natural gas in its reserve, according to NIOC.

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“We will use every possible way to export our oil and we will not succumb to America’s pressure because exporting oil is Iran’s legitimate right,” Zanganeh said.

Iran’s crude oil exports were cut deeply when the United States re-imposed sanctions after President Donald Trump exited last year from Iran’s 2015 nuclear deal with world powers.

Speaking to the press on the same day, the official emphasized that Iran wants positive ties with all the countries in the region, adding that China’s national petroleum company had pulled out of developing phase 11 of the country’s giant South Pars gas field.

“We want to be friends with all regional countries. Our mutual enemy is outside the Middle East… I have no problem to meet with Saudi Arabia’s oil minister”, he stated.

*** Petropars to develop SP phase 11

Zanganeh also said that China’s CNPC had pulled out of a contract to develop South Pars Phase 11, adding Iranian Petropars Company would develop the project alone.

“China has pulled out of developing the phase 11 of South Pars field and Petropars will carry out the job,” he said.

In 2015, National Iranian Oil Company (NIOC) signed a contract with a consortium of Total, CNPC International and Petropars to develop the offshore project in the Persian Gulf waters.

Following the U.S.’s withdrawal from the Iran nuclear deal back in May 2018 and imposition of new sanctions and restrictions for foreign companies working in Iran, Total pulled out of the contract.

“The fate of the South Pars Phase 11 has been determined and Petropars will continue developing the project alone and by the end of the this [Iranian calendar] year (March 19, 2020), the first jacket will be installed in the phase for a platform with 500 mcf/d of gas production capacity,” Zanganeh said during a visit to MAPNA Group’s turbine workshop near Tehran.

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Some media had claimed on Saturday that a number of Iranian servers and websites, including petrochemical firms, have come cyber-attacks.

following of the article,this is one of the successful cyber-attack in history:

Robert Tappan Morris and the Morris Worm (1988):

Creator of the first computer worm transmitted through the Internet, Morris, a student at Cornell Univeristy in the USA, claimed it his progeny was not aimed to harm but was made for the innocuous intent to determine the vastness of the cyberspace.

Things went pear-shaped when a the worm encountered a critical error and morphed into a virus which replicated rapidly and began infecting other computers resulting in denial of service. The damage? 6000 computers were reportedly affected causing an estimated $10-$100 million dollars in repair bills.

While this event could be pinned as being an unfortunate accident, it no doubt played a part in inspiring the calamitous distributed denial-of-service (DdoS) type of attacks we see today.

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He said the platform was developed for production of 500 million cubic feet per day of gas.

Once operational, the platform will bring Phase 22-24 production capacity to 42 mcm/d.

The structure will be installed at its designated offshore spot by an HL 5000 barge, he said.

All the engineering, construction and implementation phases of Phase 22-24 project have been carried out by Iranian experts and developers, Sadeghi further added.

He also stated that construction of the last platform belonging to the project had gained 77.94% progress and would be prepared for loading in the near future.

Phases 22-24 will collectively produce 56 mcm of sour gas, 75,000 barrels gas condensate and 400 tons of sulfur on a daily basis. They will also produce 1 million tons of LPG and 1 million tons of ethane per year.

SP is the world’s largest gas field is shared between Iran and Qatar. It covers an area of 9,700 square kilometers, 3,700 square kilometers of which, called South Pars, is in Iran’s territorial waters. The remaining 6,000 sq.km, known as North Dome, is in Qatar’s territorial waters.

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Hassan Moeini, deputy managing director of the company, said “Given the importance of ethylene production from gas and propylene, pyrolysis petrol and butadiene from liquid feedstock, this project was implemented with the aim of increasing the gas and liquid feedstock by 15 percent.”

The project brought the feedstock supply capacity of the company from 40 to 46 tons for gas and 50 to 57 tons for liquid feedstock, he said.

According to the official, the project would also generate 8 to 10 million euros in annual revenues for the company.

Jam Petrochemical Complex, with olefin, heavy and light polyethylene, butadiene and butene 1 production units, is one of the largest producers of olefins in the world and a major producer of polymer products in Iran.

According to First Vice President Es’hagh Jahangiri, Iran’s petrochemical production capacity is expected to reach 90 million tons per year from currently 64 mt/y by 2022.

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He said his department was responsible for managing distribution of gas in the gas network, according to SHANA.

He added that an equivalent of 5 million barrels of crude oil of gas was being distributed in the country.

Iran has sought to increase its daily production at oil and gas fields despite sanctions imposed by the United States which restricts Tehran’s ability for export.

Iranian Oil Minister Bijan Zanganeh had said earlier this year that Iran’s gas production at South Pars gas field, the largest in the world which the country shares with Qatar, had already exceeded 21.5 billion feet (610 million cubic meters) per day, adding that Iran’s share of daily production at the field had dwarfed that of Qatar.

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Speaking in a meeting of the board of directors of Azarbaijan Sharghi Gas Company, Torbati said people’s satisfaction was the best criteria for assessing NIGC’s services, therefore, “we endeavor to offer better services day by day.”

Today, gas distribution is in a suitable state and distribution of gas has been accelerated thanks to the supportive law in the budget bill of 2014, he said.

The official noted that Iran is one of the few countries in the world where 95 percent of its population have access to the gas network which is an indication of unparalleled social justice in the country.

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The latest statistical report by British Petroleum (BP) suggests that by the end of 2017, Iran was ranked third among the world’s largest natural gas producers.

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