Iran | Egypt Oil & Gas - Part 57

Iran Rejects Again ‘Self-Sanctioning’ Oil Freeze Plan

Iran rejects again the call to freeze its oil output and emphasized that it will go ahead with its plans to increase its oil production to as high as 4m b/pd.

Export of Gas to Iraq, Iran’s Top Priority

Export of gas to Iraq is Iran’s top priority, according to the Director of National Iranian Gas Company for Planning, Mohammad Reza Qodsizadeh, who added that completing the Iran-Iraq gas project by next Iranian cale ...

Iran Wastes $3.5b a Year in Gas Flaring

Due to flaring practices, Iran loses at least 28mcm of natural gas flowing alongside extracted crude in oilfields, according to the Under-Deputy Oil Minister, Mohsen Khojasteh Mehr.

Iran and Oman to Establish a Marketing LNG Firm

Iran and Oman plan to establish a joint company to market liquefied natural gas (LNG). It is expected to be registered in Oman, and will have the sole responsibility of market natural gas to other parts of the world.

Iran’s Condensate Exports Reach 2.45mb/d

Iranian Oil Minister, Bijan Zangeneh, stated that Iran's oil and gas condensate exports have reached 2.45mb/d.

Iran Ready for Petchem Exports to Egypt

Iran’s Petrochemical Employers Association has announced the country’s readiness to resume petrochemical exports to Egypt.

Iran’s Oil Exports to Greece Increase

Iran has started exporting 60,000b/d of crude oil to Greece, Director of International Affairs at National Iranian Oil Company Mohsen Qamsari said.

Iran Willing to Help Stabilize Oil Market

Iran's Minister of Petroleum Bijan Zangeneh says his country will support any initiative to stabilize the oil market after recent talks in Qatar failed to freeze production.

Oil Output Freeze Deal Falls Apart

A deal to freeze oil output by OPEC and non-OPEC producers fell apart on April 17th after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.

Russia’s Rosneft Eyeing Iranian Oil&Gas Projects

Russian oil producer Rosneft is interested in oil and gas projects in Iran, according to the Energy Minister, Alexander Novak. However, the Minister added that "It is too early to talk about any concrete plans as Iran".

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