Iran | Egypt Oil & Gas - Part 95

Rouhani Pledges to Boost Iran’s Gas Production

Iran’s President Hassan Rouhani says the country will soon increase its natural gas production by another 100mcm/d. Addressing a massive gathering of people celebrating the victory of the 1979 Islamic Revolution in Te...

Iran Ups Fuel Oil Revenues Even with Sanctions

Iran has earned $1.35 billion for selling more than 3 million tonnes of fuel oil in the 10 months to January 21, up 30% in revenue from the same period of last year, oil ministry news website Shana cited an official a...

Iran Revives Plans to Sell Gas to Kuwait

Iran has announced readiness to start exporting natural gas to Kuwait. Iran’s Ambassador to Kuwait Ali-Reza Enayati has been quoted by media as saying that both Iran and Kuwait are determined to proceed with the proje...

Iran Planning Gas Investments for Afghanistan

Iran says it has started talks to export natural gas to Afghanistan and that it sees the country as a potential new client. Hamid-Reza Araqi, the managing director of the National Iranian Gas Company (NIGC), has said ...

Iran Boosting Diesel Exports for March

An Iranian Petroleum Ministry official says Iran will start exporting diesel fuel to international target markets in March. “As necessary plans have been implemented to increase diesel fuel production in the refinerie...

Iran to Outstrip Qatar in Natural Gas Production by 2018

Iran says it will overtake Qatar in production of natural gas from a major field shared between the two countries within the next three years. Iran’s Minister of Petroleum Bijan Namdar Zangeneh has emphasized that the...

Iran: Oil Companies Eager for Lifting Sanctions

Minister of Petroleum Bijan Namdar Zangeneh says foreign energy companies are waiting to pounce on Iran’s oil and gas projects once sanctions are lifted. The Islamic Republic is in talks with the US and the Europeans ...

Stateoil Embroiled in Iran Bribery Case

An Iranian lawmaker says Norway’s largest oil producer Statoil ASA had bribed the son of former Iranian President Akbar Hashemi Rafsanjani to secure a contract on the development of a giant oil and gas field in ...

South Pars Operating and Exporting

Iran’s media reported on Monday that the country has started exports of condensate from South Pars Phases 15 and 16 that have recently been made operational. Reports quoted Pars Oil and Gas Company (POGC) as announcin...

Iran’s South Pars Gas Decline

Iran has reduced the gas resource at Phase 12 of the South Pars field in the Persian Gulf. According to Mahmoud Javadian, drilling manager of Petro Pars, new data from appraisal wells suggest the available resource is...

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