Iranian Minister of Petroleum, Bijan Zangeneh says Tehran supports moves like the Doha conference which are aimed at tackling the consistent market volatility, saying that OPEC member "Iran has never had a role in the market instability".
Contracts with Boushehr scientific centers have saved USD 20,000 for PSEEZ in last six months, managing director of the PSEEZ announced at the Persian Gulf Knowledge Festival 2016.
After international sanctions on Iran being lifted, the country’s oil and gas condensate export to South Korea increased 300.000 bpd to 400.000 bpd, Iran’s Minister of Petroleum announced on Sunday.
Iran has launched the 21st International Exhibition of Oil, Gas, Refining and Petrochemical at the capital’s permanent fairgrounds.
Iranian Minister of Petroleum, Bijan Zangeneh said Iran’s crude oil exports stand at 2.45 million barrels per day which is the biggest outcome of the nuclear deal Iran struck with world powers back in 2015.
Iran is to launch phases 20 and 21 of the supergiant South Pars gas field by the end of the Persian year.
The latest version of Iran Petroleum Contract ( IPC) guarantees transfer of technology to Iran by foreign companies, a senior Ministry of Petroleum official said on Saturday (28May 2016).
Five new phases of the supergiant South Pars gas field will come online by the end of the Persian year (20 March 2017), being marked as another step by the National Iranian Oil Company ( NIOC) in materialization of the economy of resistance as instructed by Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, an Iranian oil official announced.
Iran has envisaged plans to extract at least 2 billion cubic feet of natural gas from phase 19 of the supergiant South Pars joint gas field in Persian Gulf waters.
Iran has not negatively impacted the oil market by doubling its crude oil exports, says Iranian Minister of Petroleum, Bijan Zangeneh.
