Head of Bushehr province’s Industry, Mine and Trade Organization Seyed Hossein Hosseini added that the figures indicate a 37% and 23% annual growth in terms of value and volume, respectively.

Minerals, construction materials and agricultural products were the main exports from Bushehr to the Persian Gulf country.

Iran and Qatar share longstanding amicable ties in the political and economic arena. The neighbors have been trying to boost their trade volume in the past years, thanks to the direct marine routes that have paved the way to realize this goal.

According to Hosseini, Dayyer, Bushehr and Buol Kheyr account for the largest portion of goods sent to Qatar in the said period.

The post Iran’s exports to Qatar via Bushehr ports up 37% per annum appeared first on IRAN This Way.

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 officials said, reported AFP.

Iran has so far developed 12 phases in the field – phases 1, 2&3, 4&5, 6-8, 9&10, 15&16.  The remaining phases are 11, 12, 13, 14 and 22-24.

“Our production has reached 575 million cubic meters per day,” said Rouhani at the ceremony.

Iran’s total gas production is 885 million cubic meters per day.

It is estimated that production from every two phases of South Pars would generate $3.5-$4 billion for Iran. Reports further said that the total investments in phases that were inaugurated today would be reimbursed within less than two years.

“At the height of sanctions, with the help of Iranian engineers and workers, we succeeded in developing 11 phases of South Pars,” noted Oil Minister Bijan Namadar Zanganeh.

South Pars is the largest known gas reserves in the world. Iran has the largest gas reserves in the world, and the fourth-largest oil reserves.

Each of the new projects produces 28 million cubic meters per day, Zanganeh told reporters late Saturday.

Qatar announced earlier this month that it was ending a 12-year ban on new projects at its section of the shared field. Qataris call their part of the deposit the North Field, which together with South Pars forms the world’s largest reserves of non-associated gas. Iran has no plans to impede Qatar over its activities at North Field, Zanganeh said. “They can carry out their development projects as we do ours,” he said.

 Iranian President Hassan Rouhani inaugurated Phase 19 development project of the South Pars gas field (SP. 19).

Iran is targeting the export of 50 million cubic meters of gas per day to neighboring Iraq once that country can arrange for a letter of credit to finance the purchase, Zanganeh said.

Since the nuclear deal went into effect in January 2016, Iran has increased oil production from 2.6 million barrels per day (mbd) to 3.9 mbd, while more than doubling its oil exports.

Iran has signed a flurry of deals with Western companies over the past year since the easing of international sanctions on Tehran after an accord was reached over its nuclear program.

Iran needs foreign investment for repairs and upgrading of its oil and gas fields. It also seeks the transfer of technology to its oil industry after a decade of sanctions.

In November 2016, France’s Total became the first oil major to sign a big deal with Tehran since the lifting of sanctions and agreed to help it develop the world’s largest gas field, South Pars.

Shell signed a provisional deal in December to develop Iranian oil and gas fields of South Azadegan, Yadavaran and Kish.

Iran has named 29 companies from more than a dozen countries as being eligible to bid for oil and gas projects using the new, less restrictive contract model.

The firms include Shell, France’s Total, Italy’s Eni, Malaysia’s Petronas and Russia’s Gazprom and Lukoil, as well as companies from China, Austria, Japan and other countries.

Russia’s Zarubezhneft signed an MoU for a feasibility study on two joint fields in the west of the country.

Norway’s International Aker Solutions Company signed an MoU to modernize Iran’s oil industry.

Last May, Austria’s OMV signed an MoU for projects in the Zagros area in western Iran and the Fars field in the south.

South Korean Daewoo Engineering and Construction (Daewoo E&C) signed an MoU to construct an oil refinery in Bandar Jask, on the southern coast of Iran.

Italy’s Saipem signed MoUs to cooperate on pipeline projects, upgrading of refineries and development of Tous gas field in the northeastern province of Khorasan Razavi.

Norwegian oil and gas company DNO said it was the second Western energy company after Total to sign a deal with Iran under which it agreed to study the development of the Changuleh oilfield in western Iran.

Lukoil, Russia’s second biggest oil producer, hopes to reach a decision on developing two new oilfields in Iran.

Germany’s Siemens AG signed an MoU in May to overhaul equipment and facilities at Iran’s oil operations and refineries.

BASF’s Wintershall oil and gas exploration subsidiary signed an MoU with the National Iranian Oil Company in April 2016.

The post Iran inaugurates mega gas projects worth $20b+Photo appeared first on IRAN This Way.

Before the eyes of 80,000 spectators at Tehran’s Azadi Stadium, Team Melli (Iranian national men’s football team) lined up against the Maroons (Qatari national men’s football team) on Friday to open their first match of the third round on the way to Russia 2018 FIFA World Cup.

While the regular time of the game ended with a scoreless draw, Reza Ghoochannejhad of Iran took advantage from the mistake by Qatar goalkeeper Amine Lacomte and put the hosts ahead four minutes into injury time.

After a brawl following the host’s goal, Alireza Jahanbaksh scored a magnificent goal for the Iranians to ensure the host a 2-0 victory.

Reza Ghoochannejhad was announced the best player of the event.

Video: IRAN vs Qatar, Highlight

The third round of AFC matches for 2018 FIFA World Cup qualification opened on Friday September 01, with three matches in the Group A and three matches in the Group B.

In Group A, South Korea defeated the People Republic of China 3-2, while Uzbekistan edge passed Syria 1-0, and Iran won over Qatar 2-0.

In Group B, the Australians thrashed their visitors from Iraq 2-0, Japan conceded to a defeat from their visitors from the UAE with a 2-1 score, and Saudi Arabia won a listless 1-0 victory over visiting Thais with the penalty kick of 84th minute of the event.

In the Group A of the third round of the AFC 2018 FIFA World Cup qualification competitions, the Islamic Republic of Iran is pitted against South Korea, Uzbekistan, China, Qatar and Syria while Japan is drawn in Group B, along with Australia, Saudi Arabia, the United Arab Emirates, Iraq and Thailand.

A total of four teams, the winner and runner-up of each group, will qualify for Russia 2018 FIFA World Cup, while the third-placed teams of each group (two teams in total) will head to the play-off round of the 2018 FIFA World Cup qualifiers.

The winner of the Asian play-off round will then face twice the fourth-placed squad in the fifth round of the Confederation of North, Central America and Caribbean Association Football (CONCACAF) qualifying games.

video: Iran first goal to Qatar, By Reza Qouchannejad

Video: Iran super goal to qatar, By Alireza Jahanbakhsh

The post Iran beat Qatar at World Cup Qualification in the last moments / Photo+Video appeared first on IRAN This Way.