Iran | Egypt Oil & Gas - Part 6
Iran Targets Increase in Crude Exports to 1.4 mmbl/d
Iranian Oil Minister Javad Owji said that his country plans to ramp up oil and condensates exports to 1.4 million barrels per day (mmbl/d) to cope with the annual budget, Reuters reported. “In parliament, lawmak...
NIOC Signs Contract for Oil & Gas Development at South Pars Layer
The CEO of the National Iranian Oil Company(NIOC) Mohsen KhojastehMehr announced that the company has signed a contract for the development, production, and increase of oil production from the South Pars oil layer. He...
Iran Proceeds With Petroleum Activities Regardless of the Outcome of Nuclear Talks
The Iranian Minister of Petroleum Javad Owji said that the ministry is proceeding in the oil sector relying on experts and capabilities regardless of the outcome of the nuclear talks being held in Vienna. Owji told re...
Oil Prices Decline As Russia Favors Iran Nuclear Deal Resumption
As supply disruption fears eased, oil prices have declined to their lowest levels in three weeks, with Russia’s announcement that they are in favor of resuming the 2015 Iran nuclear deal as soon as possible, according...
Iran’s Bidboland Persian Gulf Opens Gas Storage Facility, Wharf
Iran announced the opening of new facilities and storage tanks for export products and the independent wharf of Bidboland Persian Gulf Gas Refining Company, which were officially commissioned in the southwestern city ...
Iran’s Petrochemical Feedstock to Double by 2030
The CEO of Iran’s National Petrochemical Company Morteza Shahmirzaei announced that it plans to increase petrochemical feedstock supply by more than double, from an equivalent of 1.1 million barrels per day (mmb...
Iran’s Daily Natural Gas Transmission Increases by 10 mmcm
The CEO of the Iranian Gas Engineering and Development Company (IGEDC) Reza Noshadi announced that Iran’s daily capacity of natural gas transmission has increased by 10 million cubic meters (mmcm) after the operation ... Iran Expects Petrochemical Revenues of $14 Billion by end of March 2022
The Deputy Minister of Petroleum for Petrochemical Products Morteza Shahmirzaei announced that Iran has received revenues of $12.5 billion from petrochemical exports by the end of the current calendar year which start...
