Pars Special Economic Energy Zone

Iran plans to double its Liquefied Petroleum Gas ( LPG) production, Deputy Director of international affairs for marketing and crude oil operation in the National Iranian Oil Company ( NIOC) said on Monday.

Export of goods from Pars Especial Economic Energy Zone ( PSEEZ)’s customs increased during the first month of Persian Year by 51 per cent comparing to same period last year, managing director of PSEEZ announced on Sunday (8 May 2016).

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 has launched the 21st International Exhibition of Oil, Gas, Refining and Petrochemical at the capital’s permanent fairgrounds.

Pars Especial Economic Energy Zone marked the World Labor Day 2016 before Iran’s deputy minister of Cooperatives, Labor and Social Welfare, PSEEZ managing director, Assalouyeh officials, and managing directors of firms in the zone.

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 says its gas recovery from the supergiant South Pars gas field will catch up with that of Qatar before the end of the current Iranian calendar year which began on March 20.

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.

Chief Customs Officer of Pars Special Economic Energy Zone said over 1.338 million tons of gas condensates have been exported from South Pars gas region during the first month of Iranian calendar year, started March 20, 2016.

Construction of a new rig for the phase 13 of the south pars has progressed 90 percent and it would be ready for installation in August this year, chairman of sadra Marine Industrial Co. announced on Monday.