Iranian minister of petroleum Rostam Qasemi says the country’s natural gas production capacity will double within the next three years. Speaking at the inauguration of a gas supply network in Pol-e Sefid in Mazandaran province, Rostam Qasemi said the country’s gas production capacity is estimated to
A senior Iranian oil official said that two phases of the South Pars gas field will be completed by the end of the current Iranian calendar year (ends March 20, 2013). Mohsen Khojasteh-Mehr, deputy oil minister for planning and supervision over hydrocarbon resources, said that phases 15 and 16 of So
World Maritime News team wishes all our readers a joyous holiday and a happy and prosperous New Year! May 2013 bring you fair winds and following seas! HAPPY NEW YEAR!!!
Iran has outnumbered Qatar in joint South Pars gas field’s drilling rigs, the managing director of Pars Oil and Gas Company said. Currently 15 drilling rigs are active in different phases of South Pars, the Mehr News Agency quoted Mousa Souri as saying. “The number of gas field’s total drilling rigs
Tamar production platform was inaugurated in Israel on Friday, according to Globes, Israeli financial newspaper. It took 18 months for the 280 m platform to be completed, and the project has been described as “the largest infrastructure project in Israeli history.” The Tamar platform, located in app
Yemen’s Prime Minister Mohammed Salem Basindowah met on 24 December with Yemen LNG General Manager to say goodbye as his term in Yemen comes to an end. During the meeting, Prime Minister and General Manager of Yemen LNG discussed the LNG prices and the mutual efforts to increase the LNG revenues whi
Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, said that it has made two new onshore gas discoveries in the Nile Delta Basin of Egypt. Initial estimates indicate that together the two discoveries, known as Alyam-1 and Balsam-1, should increase the com
Construction of Iran-Pakistan gas pipeline would help to overcome the energy crisis in the country, Minister for Information & Broadcasting, Syed Sumsam Ali Shah Bukhari said. Despite several reservations, the government signed the gas pipeline project with Iran which will help Pakistan to overcome
ADIRA ENERGY LTD has announced that the Ministry of Energy and Water of the State of Israel (the “Ministry”) has granted an extension of the date for the execution of a drilling contract of the first well on the Yitzhak offshore license from December 31, 2012 to June 30, 2013. Jeffrey E. Walter, Chi
All 22 hostages from the MV Iceberg 1 have now been released from pirate captivity. They had been held since the Iceberg 1 was pirated on 29 March 2010, a period of two years and nine months. The former hostages are now recovering from their ordeal and are receiving food and medical care. On 21 [&he
Pakistan would start construction of the pipeline in its territory despite foreign, domestic pressures, Petroleum Minister Dr Asim Hussain said. He said: “We will start the project soon with the help of Iran as they have committed to provide $500 million for the project, with some technical support”
The 13-member Gas Exporting Countries Forum will practice supply and demand management to achieve a fair price, the group’s secretary-general, Leonid Bokhanovsky said. He said that, “Once the majority of gas exporters agree and commit on uniform behaviors in the market, we could be expecting desirab
Managing director of Pars Oil and Gas Company (POGC) says Iran can earn USD8 billion in revenue from every phase of the huge South Pars Gas Field. In a Monday interview, Mousa Soori noted that the gas field accounts for eight percent of the global gas reserves, adding that the development of every o
Managing director of National Iranian Gas Company (NIGC) says construction of continuation of Iran-Pakistan gas pipeline in the neighboring country’s territory would start in next 30 days. Speaking on the sidelines of a ceremony on memorandum of oil industry martyrs, Javad Oji said: “Under a directi
