Iran | Egypt Oil & Gas - Part 12

Iran Exports 273,000 bbl/d of Oil in June, Storage Nears Capacity

Iran exported a mere 273,000 barrels of oil per day (bbl/d) in June 2020 and Iran’s oil storage is nearing full capacity.

Iran to Produce Three New Butane Items in Mahshahr

The first petrochemical project in Mahshahr, in Southwestern Iran, is nearing its conclusion for the butane chain that will produce three new items.

Iran Plans to Increase Annual Propylene Output to 3 MM Tonnes 

Iran’s propylene output is set to reach 3 million tonnes per annum after the completion of the country’s new projects, which will be finished by 2025.

Iran’s Natural Gas Production Rises 3.5% YOY

Mohammad Asgari, a spokesman at National Iranian Gas Company (NIGC), announced that Iran’s natural gas production currently stands at 674 million cubic metres (mcm), a 3.5% increase compared with this time last ye ...

Iran’s First Well in Sivand Oil Field to Turn Operational

Iranian Offshore Oil Company (IOOC) has completed drilling operations for the first well at the Sivand offshore oilfield and the well is expected to become operational in the not so distant future.

Iran Announces 25% Reduction in Gas Flaring

Iran’s state-owned National Iranian Oil Company (NIOC) has reported that Iran’s flare gas waste has declined 25% compared with 2019's figures.

Iran’s Shahid Rajaee Oil Exports Increase by 32.6%

Iran’s Shahid Rajaie Port has recorded a 32.6% increase in oil products exports since the beginning of the Iranian calendar year (March 20).

Doroud, Arvand Oil Fields Open to Investment

Iran’s Doroud and Arvand oil fields have been made available by the Iranian Offshore Oil Company for foreign investment.

South Pars Saves $55 MM from Operational Efficiency

Iran’s South Pars Gas Complex has saved over $55 million due to reduction of time taken to carry out annual overhaul operations

Construction of Goreh-Jask Oil Pipeline Underway

The National Iranian Oil Company (NIOC) has confirmed that all facilities have been implemented to accelerate the finish date of the Goreh-Jask oil pipeline.

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