Posts Tagged “gas”

Iran increased oil and gas sales to Shell and BP

Iran increased oil and gas sales to Shell and BP

Iran has increased its sales of crude oil as well as gas condensates to global energy giants Shell and BP. Director for International Affairs of the National Iranian Oil Company (NIOC) Mohsen Qamsari was quoted by Press TV as saying that Shell and BP had purchased two to three consignments of oil from Iran over…

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Iran can supply gas to Europe via Georgia, Black Sea

Iran can supply gas to Europe via Georgia, Black Sea

Iran‘s gas can be exported to Europe via Georgia and the Black Sea in the near future, said head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). According to Fars News Agency, Gholam-Hossein Shafeie noted, “Cooperation between the two countries (Iran and Armenia) is of special importance in energy security and in the…

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The new record registered in the South Pars gas production

The new record registered in the South Pars gas production

Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said on Tuesday that South Pars gas output has risen by 140 million cubic meters marking a record output growth. Meshkinfam said that since its operation in 1377 (1998-99) until end of (March 19, 2016) the last Iranian year of 1394 (2015-16), South Pars…

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Iran’s NISOC in talk with BP, YPF and CNPC

Iran’s NISOC in talk with BP, YPF and CNPC

NISOC managing director said negotiations were underway way to launch oil cooperation with BP, Argentina’s YPF as well as China’s Sinopec and CNPC. Aiming at attracting maximum investment and modern technology, Iran’s Oil Ministry, in addition to introducing new model of oil contracts, dubbed as the Iran Petroleum Contract (IPC), has allowed National Iranian South…

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Iran’s new South Pars platform lunched

Iran’s new South Pars platform lunched

Iran has inaugurated a new platform at Phase 21 of South Pars Gas Field adding 28 million cubic meters per day (mcm/d) of gas to its production. “The production capacity of South Pars has reached 515 mcm/d,” said Alireza Ebadi, the head of South Pars phases 20 and 21 development project, Shana reported. The nominal…

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Indonesia Import LPG from Iran in 2017

Indonesia Import LPG from Iran in 2017

Indonesia’s Pertamina Spokeswoman Wianda Pusponegoro said the energy company is expected to sign an agreement to import Iranian liquefied petroleum gas (LPG) in 2017. “It is highly likely we will import again from the National Iranian Oil Company,” Pertamina spokeswoman Wianda Pusponegoro told reporters, according to Reuters. Pertamina plans to import up to 12 cargoes,…

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Iran’s NIOC sign deal with Russian Gazprom+Photo

Iran’s NIOC sign deal with Russian Gazprom+Photo

Iran signed preliminary agreements with Russia’s Gazprom on Tuesday to develop two major oilfields in the latest of a flurry of deals with foreign firms, local media reported. The deals open the way for Gazprom to carry out studies at the Cheshmekosh and Changouleh fields near the border with Iraq, according to the Shana news…

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Iran, Oman Hold Joint Meeting with Total, Shell, KOGAS

Iran, Oman Hold Joint Meeting with Total, Shell, KOGAS

Iran and Oman held a joint meeting with representatives of Shell, Total and Korea Gas Corporation (KOGAS) to discuss ways of cooperation and their partnership in Iranian project for export of gas to Oman. Directors of National Iranian Gas Export Company and senior directors of Oman Ministry of Petroleum met with the envoys of French…

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Iranian oil industry needs $130 billion investment

Iranian oil industry needs $130 billion investment

Minister of Petroleum Bijan Zanganeh said on Tuesday that Iranian oil industry needs $130 billion investment to meet the Sixth Five-Year Economic Development Plan (2016-21) targets. Zanganeh told a televised interview, “We use different methods for financing and there is not the possibility for attraction of all the needed capital through contracts.” On the contract…

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Report: Iran signs major gas deal with France’s Total

Report: Iran signs major gas deal with France’s Total

Iran signed a deal with France‘s Total on Tuesday to develop a major offshore gas field — its first big contract with a Western energy firm since sanctions were lifted in January. [Photo Report] Total will lead a consortium, which will also include China National Petroleum Corporation (CNPC) and Iran’s Petropars, to develop Phase 11…

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