Pars Special Economic Energy Zone

Export of goods from Pars Especial Economic Energy Zone ( PSEEZ)’s customs increased during the second month of Persian Year by 13 per cent comparing to same period last year, managing director of PSEEZ announced on Tuesday (31 May 2016).

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.

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.

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).

Managing director of National Iranian Gas Company ( NIGC) announced that over 23 billion cubic meters of gas have been added to Iran's gas production.

South Korean JS Company and Industrial Projects Management of Iran (IMPI) signed two memorandum of understanding on management and execution, and financing of phase 14 of the South Pars field, an official of IPMI announced.

Managing Director of PSEEZ on the event of National youth Day on a message to young workforce of the zone highlighted their key role in national development.

Iran opened the Corporate Social Responsibility Conference in Petroleum Industry on Tuesday, May 17, 2016.

A senior petrochemical official said the National petrochemical Company ( NPC) of Iran fully backs cession of Damavand petrochemical Plant to private developers.

Iran is to launch phases 20 and 21 of the supergiant South Pars gas field by the end of the Persian year.