Iran is to launch four new Condensate storage plants which had added 2 million barrels of the item’s storage capacity.
New Head of Department of Public Relations and Cultural Affairs of Pars Special Economic Energy Zone ( PSEEZ) Mojtaba Avaz Zadeh said the office shoulders heavy responsibilities at the moment.
The first sulfur recovery unit (SRU) of the onshore Refinery of South Pars Phase 13 has become operational.
Iranian experts at the National Iranian South Oil Company (NISOC) managed to acquire the technical savvy for production of extra- Heavy Drilling Mud for the first time in the country.
The National Iranian Drilling Company (NIDC) successfully spudded 105 Oil and Gas Wells over the course of the first 9 months of the current calendar year, which began on March 21.
An official with the National Petrochemical Company (NPC) said there would be no Feedstock shortage in the winter for petrochemical consumers.
The executive deputy of Ilam Petrochemical Plant said the facility’s hydrogen unit was successfully designed and installed by local experts.
The director of research and technology for the Exploration Department of the National Iranian Oil Company ( NIOC) said the company was planning to initiate explorations for Shale Oil reserves by the end of the current calendar year to March 20.
International experts had forecast Iran's Oil exports to drop to nil when the US was preparing to re-impose tough sanctions against Iran's Oil sector. But Iran's Oil exports were not cut to zero and even Iran continues to sell Oil.
All across the world, Iran is known to be a country sitting atop rich Oil and gas reserves. Since more than a century ago when Oil was discovered, Iran has turned into one of the major players in the industry. That caused Iran myriads problems, but Iran has since been an influential state in the Oil market.
