Oil Minister Dismisses FOB Pricing for Refinery Feedstocks Supply
Iran’s Oil Minister Bijan Namdar Zanganeh said the price of feedstocks supplied to refineries across the country would no longer be calculated using the free on board (FOB) system that is widely used in energy trade in the Persian Gulf region.
Oil Minister Unveils Fath 72 Oil Rig
Oil Minister Bijan Zanganeh yesterday in a ceremony unveiled Fath 72 oil rig which has been manufactured in collaboration with National Iranian Drilling Company and the Academic Center for Education, Culture and Research (ACECR).
Oil Minister Backs Iranian Creative Talents
Oil Minister Bijan Zanganeh has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry.
3 days enough for returning oil production to pre-sanctions era: Zanganeh
The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.
Iran no threat to world energy security: Zanganeh
Iranian Oil Bijan Zanganeh said that Iran oil is not a threat to global energy security, noting that if this market is at stake, Iran will be affected too.
Iran conditionally endorses OPEC meeting date change
Iran’s oil minister has disagreed with a plan to postpone an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC), saying Iran would confirm rescheduling the upcoming meeting only if it was to be held on July 10-12 from originally June 25.
Iran Keeps Up Oil Sales Through Unconventional Means
TEHRAN – Oil Minister Bijan Zangeneh said the country had no plans to exit the Organization of the Petroleum Exporting Countries (OPEC).
Iran launches South Pars Phases 13, 22-24 Refinery
Iranian President Hassan Rouhani inaugurated the onshore refining facilities of phases 13 and 22-24 of the supergiant South Pars gas field in Assaluyeh, southern Iran.
Zanganeh Criticizes Europe for Not Buying Iran Oil
TEHRAN – Oil Minister Bijan Zanganeh criticized Greece and Italy for not buying its oil despite U.S. waivers and said they had not offered Tehran any explanation for their decision. IRAN NEWS NATIONAL DESK “No European country is buying oil from Iran except Turkey,” Oil Minister Zanganeh said in his presser yesterday. “Greece and Italy […]
Iran Not to Comply with Illegal US Sanctions
Iran will not be complying with the “fully illegal” US sanctions, Iranian Oil Minister Bijan Zanganeh said on Thursday, in yet another defiant statement from Tehran after the American sanctions on Iran’s oil and shipping industry snapped back in early November. “We believe that we should not comply with the illegal sanctions against Iran,” Reuters […]