Sanctions Deprived Iran of $100b in Oil Revenues
New Oil Minister Javad Owji says the "tyrannical" U.S. sanctions have deprived Iran of 1.8 billion barrels of oil exports and more than $100 billion of revenues.
Oil Minister Vows to Consolidate Iran OPEC Status
New Oil Minister Javad Owji says the country would move to regain its position as an influential member of the Organization of Petroleum Exporting Countries (OPEC).
Oil minister candidate releases future plans
Javad Owji, who is President Raisi’s suggested candidate for the Oil Ministry, has released a comprehensive program for the development of the country’s oil and gas industry during his tenure, Shana reported.
Jask oil terminal’s storage capacity to be increased
The director of the Goreh-Jask oil transfer project’s storage tanks said that according to the planning done for Makran region, 10 million barrels of storage capacity will not definitely meet the need in the future, so increasing storage capacity in the second and third phases is inevitable.
NISOC ’s oil desalination plant in southern Iran to go operational
The director of engineering and construction at the National Iranian South Oil Company (NISOC) announced that the company’s crude oil desalination plant has reached progress of more than 90 percent and is expected to go operational in the current Iranian calendar year (ends on March 20, 2022).
High Oil Prices Not to Benefit Producers in Long-Run
Oil Minister Bijan Namdar Zanganeh says rising international oil prices won’t benefit producers in the long-run as he warns against impacts of the prices on the oil production economy.
OPEC pays tribute to Iran’s veteran oil minister
The Organization of Petroleum Exporting Countries (OPEC) in its 181st meeting in Vienna on Thursday paid tribute to Iranian Oil Minister Bijan Namdar Zanganeh for his long-lasting contribution to the organization and the oil market.
Oil Minister Calls for Bolstering Energy Ties With Baku
Oil Minister Bijan Zangeneh stressed the development of trade and gas relations between Iran and Azerbaijan.
Iran to Increase Oil Production to 6.5 mb/d
Iran's oil minister says increasing oil production brings economic and security power, said:" We can easily increase oil production to 6.5 million barrels per day."
Tehran, Baghdad Discuss Settling Iraq Gas Debt to Iran
Oil Minister Bijan Zangeneh on Saturday hosted a meeting with an Iraqi delegation here in Tehran on Saturday to discuss how to settle Baghdad's gas dues to Iran.