Minister of Petroleum Bijan Zangeneh says volume of Iran's Oil Reserves has risen 2.5-fold following triumph of Islamic Revolution of Iran in 1979.
Gasoline Production rose seven-folded over the past four decades after triumph of the Islamic Revolution of Iran in 1979.
Iranian Minister of Petroleum Bijan Zangeneh is scheduled to accompany Parliament Speaker Ali Larijani in his visit to Beijing later this week to negotiate completion of Phase 11 Project of South Pars with CNPCI.
The Ammonia Unit of Masjed Soleyman Petrochemical Plant will come on-stream by March 2020, to become fully operational by 2021.
South Korea resumed imports of Iranian Oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
T he three most closely watched Oil Market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global Oil supply will outweigh demand.
The second offshore Platform of South Pars Phase 22- 24 Project was successfully installed.
The three most closely watched Oil Market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global Oil supply will outweigh demand.
Iran’s Petrol production capacity stands at 76 million liters per day and its gasoil Output is 44 ml/d on average, which makes the country the largest producer of the items in the region.
Iran’s President Hassan Rouhani has inaugurated third phase of the gas condensate plant, known as the Persian Gulf Star Refinery in the southern city of Bandar Abbas.
