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Iran Gov’t Paying New Subsidies After Gasoline Price Hike

EghtesadOnline: Since the government got the ball rolling on gasoline price reform on Nov. 15, by rationing and raising the price of fuel by at least 50%, officials such as Oil Minister Bijan Namdar Zanganeh have declared that revenues earned from the new fuel price hike, in their entirety, would be redistributed among the people.
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Publish Date:25/November/2019 | 11:48

Iran's New Oilfield Named ‘Namavaran’

EghtesadOnline: Following the announcement of a huge oil field discovery in the southwest at the weekend, Oil Minister Bijan Namdar Zanganeh said Monday that the new oilfield in Khuzestan Province has been named ‘Namavaran’.
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Publish Date:12/November/2019 | 24:00

Zanganeh: Iran Oil Exports Will Continue

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday Iran will use every possible method to sell its oil, adding that it is the country’s legitimate right.
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Publish Date:07/October/2019 | 13:21

Case Against Higher Fuel Prices in Iran

EghtesadOnline: Although most energy officials, namely Oil Minister Bijan Namdar Zanganeh , say that raising gasoline prices would be the last resort to fight rampant smuggling and curtail rising consumption, several senior economists disagree.
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Publish Date:06/October/2019 | 13:58

Analyst: Censuring Oil Ministry Will Not Help

EghtesadOnline: So long as Tehran is grappling with the unending and hostile US economic sanctions, criticizing the government, especially the Oil Ministry and its subsidiaries, is not called for because it will harm not help, says a prominent Iranian energy analyst from London University.
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Publish Date:14/July/2019 | 09:16

INSTEX Worthless Without Oil Import

EghtesadOnline: The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales, Iran’s oil minister said.
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Publish Date:06/July/2019 | 24:00

Brent, WTI Prices Surge as OPEC Extends Cuts

EghtesadOnline: The letter of association drawn up to clarify the terms of cooperation between OPEC and non-OPEC members is not binding and will not impact the half-a-century old organization.
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Publish Date:03/July/2019 | 11:31

Zanganeh: OPEC Should Act Unitedly

EghtesadOnline: Members of the Organization of Petroleum Exporting Countries should hold consultations among themselves first on oil policy before striking deals with producers outside the bloc, Oil Minister Bijan Namdar Zanganeh said on Monday before leaving Tehran to attend the 176th meeting of OPEC in Vienna, Austria.
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Publish Date:02/July/2019 | 10:38

No Plan to Remove Zanganeh

EghtesadOnline: The government has no plans to remove Oil Minister Bijan Namdar Zanganeh from his post, the government spokesman said on Monday.
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Publish Date:18/June/2019 | 09:39

Flood-Hit Areas in Iran Exempt From Gas Bills

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said the government has exempted households and industrial gas subscribers in flood-hit areas from paying gas bills for 47 days.
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Publish Date:11/June/2019 | 09:49

Zanganeh: US Wish Will Not Come True

EghtesadOnline: The United States has made a major error of judgment by politicizing oil and using it as a weapon in already fragile international oil market.
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Publish Date:24/April/2019 | 14:05

Iran Awaiting India’s Decision on Farzad B Gas Field

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh Ltd, the foreign investment arm of India’s Oil and Natural Gas Corp. to expand Farzad B Gas Field in the Persian Gulf.
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Publish Date:06/April/2019 | 15:06

Iran to Start Oil Export From Oman Sea in 2021

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said the National Iranian Oil Company will start exporting crude from the port of Jask in southern Hormozgan Province in 2021.
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Publish Date:18/March/2019 | 14:51

Iran: Third Phase of Major Refinery Opens in Bandar Abbas

EghtesadOnline: Third phase of the Persian Gulf Star Refinery in Bandar Abbas, Hormozgan Province, was launched Monday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zanganeh .
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Publish Date:19/February/2019 | 11:36

Iran Oil Minister Briefs the Press on Key Oil Issues

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh on Tuesday made a rather positive review of the government's projected oil revenues in the proposed budget for the next fiscal that begins in March.
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Publish Date:06/February/2019 | 14:13

Zanganeh Prefers Higher Gasoline Prices

EghtesadOnline: Rationing and higher prices are needed to help reduce fuel consumption, the oil minister said. "There are a number of proposals on the table but no decision has been taken because of a lack of consensus,” Bijan Namdar Zanganeh was quoted as saying by ISNA.
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Publish Date:02/February/2019 | 15:04