Iran | Egypt Oil & Gas - Part 11

Iran’s PGSR Exports Rise 120% YoY

Iran’s Persian Gulf Star Refinery (PGSR)’s exported products from March 20 to September 21 were 120% higher than the products exported in the same period in 2019.

Iran Increases Natural Gas Production by 9% YoY

Iran has shown a 9% year-on-year (YoY) increase in the production of gas and gas condensates in the first six months of the current Iranian year (March 21, 2020-September 21, 2020).

OPEC’s September Output Rises for Third Consecutive Month

The Organization of the Petroleum Exporting Countries (OPEC) has seen output rise for the third consecutive month after the resumption of Libyan oil production and higher Iranian export levels.

South Pars’ Phase 12 Refinery Receiving 46 MCM/D 

Iran’s landmark South Pars phase 12 refinery is now receiving in excess of 46 million cubic meters per day (mcm/d) of gas from platforms 22-24.

Daily Production at South Pars Reaches 700 mcm

Pars Oil and Gas Company (POGC) has announced that Iran’s largest gas field, South Pars, has recorded a daily production of 700 million cubic meters (mcm).

South Pars’ Gas Condensate Production Increases by 87%

According to South Pars’ Chief Executive, Hadi Hashemzadeh Farhang, announced that the production of gas condensates at South Pars Gas Field (SPGF) has increased by 87% during the period 2013-2020.

3 Major Iranian Oil, Gas Projects to be Launched

Three major oil, gas, and petrochemical projects will be inaugurated in Iran on July 24 after the US failed to activate a sanctions trigger mechanism.

Iran Commences Gas Extraction from South Pars’ Third Platform

Iran’s largest gas field, South Pars, has commenced gas production at Platform 13C, the third platform of Phase 13, and has officially started sending feedstock to the refinery.

NIOC Signs 13 Contracts Worth $1.78 B

The Iranian oil industry has signed 13 contracts worth roughly EUR 1.5 billion with 14 local firms to enhance and maintain oil production.

Production Capacity at South Pars Increased by 200 MCF

Iran’s largest gas field, South Pars, has increased its capacity by 200 million cubic feet (mcf) after the completion of phase 22’s three new wells becoming operational.

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