Posts Tagged “persian gulf”

Photo: Persian Gulf Star Refinery

Photo: Persian Gulf Star Refinery

Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feed-stock recovered from South Pars gas field which Iran shares with Qatar in the Persian Gulf. Construction of the refinery started in 2006, but the project was delayed as the result of some …

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Iran’s South Pars’ sour gas output to increase 56 mcmd

Iran’s South Pars’ sour gas output to increase 56 mcmd

Iran‘s rich sour gas production in the supergiant South Pars Gas Field in the southern Iranian province of Bushehr will increase 56 million cubic meters per day in the year to March 2019, said the managing director of Pars Oil and Gas Company (POGC). Mohammad Meshkinfam noted that Iran extracted an average of 550 million…

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The top 10 things to see in Qeshm

The top 10 things to see in Qeshm

Pontia Fallahi: When most people think about travel in Iran, they think of Shiraz and Isfahan, the big brothers of Iranian history and civilization. Few think of Iran as an island destination when, in fact, there are two major islands: Kish and Qeshm. Both islands are free-trade zones, and foreign tourists require no visa for…

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Iran’s South Pars Gas Output Crosses 2.5m Barrels

Iran’s South Pars Gas Output Crosses 2.5m Barrels

Iran’s production of crude oil from the oil layer of the supergiant South Pars Gas Field (SPOL) has exceeded 2.5 million barrels. The country is planning to send the layer’s 5th oil consignment in the coming days, said Fardin Asadi, operator of SPOL’s development project. He said a 500,000-barrel crude oil consignment is being loaded…

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Iran to boost oil production in joint oilfield with Saudi Arabia

Iran to boost oil production in joint oilfield with Saudi Arabia

Executive Director of Iranian Offshore Oil Company Hamid Bovard announced that the oil extraction from the joint Iran-Saudi Arabia oilfield will be increased by at least 12,000 barrels per day. “The Iranian Offshore Oil company, other than its role to produce crude oil, establishes the presence of the Islamic Republic of Iran in the Persian…

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Iran inaugurates mega gas projects worth $20b+Photo

Iran inaugurates mega gas projects worth $20b+Photo

Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars Gas Field on Sunday which were completed at a cost of $20 billion, local media reported. The inauguration of phases 17-21 paves the way for Iran to overtake neighboring Qatar in production from the offshore gas field which it shares with Iran, Iranian…

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Special Report: Investment potential of shipping industry in Iran

Special Report: Investment potential of shipping industry in Iran

International port and shipping sector is looking to Iran as one of the most interesting growth opportunities in years and volume growth is imminent. The January 2016 lifting of the nuclear-related sanctions provided a boost to Iran’s economy, but for the recovery to be sustained, longstanding structural reforms are required. Container and bulk volumes above…

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Photo: Laft port of Qeshm island

Photo: Laft port of Qeshm island

Bandar Laft or Laft village  is situated on Qeshm’s ‘fin’ next to Hara Forest. Even though Yazd is most often thought of as the city of badgir (windcatchers), an ancient Persian architectural structure used to create natural ventilation, a glance at the panoramic skyline of this historical port is proof of a rivalry. Few abanbar…

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China to invest $2b in Iran’s Sarakhs zone

China to invest $2b in Iran’s Sarakhs zone

A Chinese company is to invest $2 billion in Sarakhs Special Economic Zone (SPEZ), announced the zone’s managing director on Sunday. Ahmad Sadeqi Golmakani told IRNA that a Chinese state-owned company has inked a memorandum of understanding (MoU) worth $2 billion with the Iranian side to invest in SPEZ. He said the MoU is considered…

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Photo: Traditional wedding ceremony in Qeshm island

Photo: Traditional wedding ceremony in Qeshm island

The groom dressing of Traditional wedding ceremony in Giahdan area in Qeshm island, north east of Persian Gulf. About Qeshm The largest island in the Persian Gulf, Qeshm (also known as Gheshm) is fringed with biologically diverse mangrove forests, attractive beaches and 60 Bandari villages. Its sun-scorched interior features geologically significant canyons, hills, caves and…

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