Search results for: Iranian Petroleum Ministry

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  • 6 May 2015

    Iranian Petroleum Ministry’s spokesman Akbar Nematollahi has revealed that more than 1800 Iranian and foreign companies will participate in the 20th International Oil, Gas, Refining and Petrochemical Exhibition (Iranian Oil Show 2015), which opens in Tehran today. According to information shared through the website of National Iranian Gas Company  (NIGC), Nematollahi on Monday said that […]

  • 26 August 2015

    Former Executive Director of the International Energy Agency, Nobuo Tanaka, has predicted Iran will become one of the leading powers in the world oil and gas market by 2040.

  • 20 March 2019

    Iran has said that it has for the first time surpassed Qatar in gas extraction from the world’s largest gas field – the South Pars.

  • 28 September 2011
    Business & Finance

    The ministry of petroleum plans to attract $50 billion by which development of most remaining phases of the South Pars gas field will come to an end, Iran’s minister of petroleum, Rostam Qasemi announced . He went on to say that, the petroleum ministry plans on funding other oil and gas fields would be announced […]

  • 28 September 2011

    The ministry of petroleum plans to attract $50 billion by which development of most remaining phases of the South Pars gas field will come to an end, Iran’s minister of petroleum, Rostam Qasemi announced. He went on to say that, the petroleum ministry plans on funding other oil and gas fields would be announced in […]

  • 14 March 2016

    Managing Director of the National Iranian Oil Company (NIOC) Rokneddin Javadi said that Iran has increased its crude oil export to 1.8 million barrels a day, Shana, Ministry of Petroleum’s news agency has informed. According to Shana, Javadi last week said that post-sanctions development will be the main item on the oil industry’s agenda during the […]

  • 5 January 2011

    Iran has discovered two new natural gas fields, managing director of the National Iranian Oil Company, Mr. Ahmad Ghalebani announced here. According to the report of the public relations of the NIGC, he said that details on the discovery of these new gas fields will be announced by the Iranian Oil Minister on the Islamic […]

  • 4 February 2014

    A Pakistani delegation is in Tehran to discuss with Iranian officials a new timeframe for the completion of the Iran-Pakistan gas pipeline projected to carry natural gas from Iran to Pakistan. The team comprised of officials from Pakistan’s Ministry of Petroleum and Natural Resources as well as Inter-State Gas Company (ISGC) flew to Tehran on […]

  • 14 March 2011
    Business & Finance

    Next year 16 billion dollars will be invested in the development of South Pars gas field projects through offering bonds, buyback contracts and domestic financial resources, deputy minister of Petroleum for planning and supervision on hydrocarbon resources, Mohsen Khojastemehr announced . He said that mobilization of all the capabilities including human resources, goods, services and […]

  • 30 March 2011

      The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi (image) announced here. He said that about $60 billion will be allocated to the upstream projects and about $30 […]

  • 7 November 2011

    Two billion dollars will be invested in gathering associated gases in Kharg and Bahregan projects south of Iran, deputy minister of petroleum for engineering and domestically manufacturing affairs, Hamdollah Mohammadnejad said. Speaking at the closing ceremony of the fourth meeting of the Iranian ministry of petroleum’s HSE’s managers and experts, he said that by implementation […]

  • 30 March 2011
    Business & Finance

    The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi announced. He said that about $60 billion will be allocated to the upstream projects and about $30 billion to the […]

  • 29 March 2017

    Russian giant Gazprom signed a memorandum of understanding with the National Iranian Oil Company, to cooperate in the field of hydrocarbon prospecting, exploration and production within Iran.

  • 31 August 2015
    Business & Finance

    Iran’s South Pars oil layer and three gas fields will be offered to foreign investors at a conference in London where Iran has planned to unveil its new contract formula, the National Iranian Oil Company (NIOC) has quoted an energy official as saying. The conference planned for December is aimed at attracting international investment into […]

  • 21 November 2018
    Rules & Regulation

    US warns maritime community of sanctions risks related to petroleum shipments to Syria.

  • 3 July 2011

    A senior Pakistani Petroleum Ministry official called for early completion of the Iranian gas pipeline and said that delay would further complicate Pakistan’s energy crisis. Secretary ministry of petroleum and natural resources, Muhammad Ejaz Chuadhry said Iran-Pakistan project would start supply from 2014 adding that if it got late then gas crisis in the country […]

  • 20 August 2018

    France’s oil major Total has reportedly officially abandoned the giant South Pars gas development project offshore Iran.

  • 23 February 2011
    Business & Finance

    By joining the second drilling rig to the south Pars gas field region, drilling operations started in the second position at the South Pars gas field phases 17 and 18. According to a report by Fars News Agency, initial production from the phases 17 and 18 will be started before the end of next Iranian […]

  • 4 January 2012
    Business & Finance

    Pars Oil & Gas Company (POGC) signed a contract with Global Petro Tech Company on drilling two descriptive-production wells to examine output potentials of the South Pars gas field’s oil layer on January 2 2012) at Petroleum Ministry building in the presence of Iranian petroleum minister, Rostam Ghasemi, and managing director of National Iranian Oil […]

  • 7 February 2011

      Islamic Republic of Iran has the second largest gas reserves in the world, so rising gas export is one of our policies, Iranian minister of petroleum, Dr. Mirkazemi announced here on Sunday. Addressing the inauguration ceremony of the largest Middle East gas compressor station in Saveh City, he said while today we are witnessing […]

  • 29 May 2013

    Pakistani officials have welcomed boosting bilateral relations with the neighboring country Iran, especially in energy sector. Chief Minister-designate Shahbaz Sharif said that we will welcome Iran’s investment in energy and other sectors in Punjab, Iran’s SHANA news agency reported. “Brotherly ties between the two countries must be transformed into an economic relationship,” he stated. He […]

  • 14 December 2015
    Business & Finance

    Iran and France have reached a final agreement on setting up Iran’s first floating production of LNG from Forouzan oilfield in the Persian Gulf, National Iranian Oil Company (NIOC) announced. “Final negotiations have been held between two Iranian companies and a reputable French company in order to set up an FLNG unit,” Deputy Petroleum Minister […]