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Iran: Self-Sufficiency in Gasoline

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday gasoline needs are now fully supplied by domestic refineries and imports ended in September.
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Publish Date:22/January/2019 | 14:58

Iran, Iraq Explore Ways to Expand Energy Ties

EghtesadOnline: Iraq and Iran are exploring ways to develop two shared oilfields despite US efforts to isolate Tehran from global oil markets.
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Publish Date:12/January/2019 | 14:00

Iran Exempt from OPEC 1.2m bpd Output Cut

EghtesadOnline: OPEC concluded its 175th meeting with an accord to remove 1.2 million barrels a day of crude from the market, with non-OPEC allies including Russia taking a 400,000 barrel-a-day share.
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Publish Date:08/December/2018 | 13:20

Three Petrochemical Projects Go on Stream

EghtesadOnline: President Hassan Rouhani inaugurated three major petrochemical ventures in the southern city of Asalouyeh in Bushehr Province on Tuesday, in a ceremony attended by Oil Minister Bijan Namdar Zanganeh and other officials.
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Publish Date:05/September/2018 | 11:48

Zanganeh Calls for Extraordinary OPEC Meeting Over Production Changes

EghtesadOnline: Iran's Oil Minister Bijan Namdar Zanganeh said OPEC may need to hold an extraordinary meeting, if the organization of oil producers fails to prevent member countries from adjusting their crude production without approval.
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Publish Date:11/August/2018 | 11:08

Senior Oil Managers to Serve for Max. 4 Years

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh is imposing four-year term limits on all top oil managers at state-run energy companies, with the rule taking effect in October.
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Publish Date:31/July/2018 | 11:12

Zanganeh: Oil Output to Rise by 460m Barrels in Three Years

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said on Saturday plans have been devised to lift the country's output capacity by 460 million barrels within three years by recovering the extraction rate from major hydrocarbon fields.
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Publish Date:11/June/2018 | 06:44

Zanganeh Ties South Pars Gas Output to Investment, Technology

EghtesadOnline: Iran needs over $40 billion in investment to prevent natural gas pressure from dipping in the giant South Pars Gas Field in the Persian Gulf by 2023, Oil Minister Bijan Namdar Zanganeh announced on Sunday.
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Publish Date:06/February/2018 | 08:05

Zanganeh: Iran Oil Production, Exports Surge in 10 Months

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said on Sunday the country's oil output has increased by 165,000 barrels per day in the last 10 months compared with the corresponding period of last year.
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Publish Date:05/February/2018 | 14:58

TAPI Unlikely to Challenge Iran-Pak Pipeline Project

EghtesadOnline: Turkmenistan-Afghanistan-Pakistan-India gas pipeline project is unlikely to pose a challenge to a postponed plan to export Iran's natural gas to Pakistan, Oil Minister Bijan Namdar Zanganeh said.
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Publish Date:31/January/2018 | 07:49

Iran Ready to File ICA Case in Gas Row With Turkmenistan

EghtesadOnline: Tehran is ready to file a case with the International Court of Arbitration over the quality and price of gas it receives from Turkmenistan, Oil Minister Bijan Namdar Zanganeh said on Monday, as a dispute between the two countries over payments escalates.
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Publish Date:30/January/2018 | 15:34

Iran in Talks to Lift Oil Output Capacity by 1.7 mbpd

EghtesadOnline: Talks are underway with international companies over a string of oil projects that could lift oil output capacity by 1.7 million barrels per day, Oil Minister Bijan Namdar Zanganeh said at the weekend.
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Publish Date:29/January/2018 | 11:29

Total's Gas Deal With SP Going Ahead Without Delay

EghtesadOnline: Iran's landmark gas deal with French energy firm Total is moving ahead, Oil Minister Bijan Namdar Zanganeh said in a statement, lending confidence to the country's biggest energy contract since the lifting of sanctions in Jan. 2016.
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Publish Date:15/January/2018 | 13:39

OPEC Does Not Want Brent Over $60

EghtesadOnline: OPEC members do not want Brent oil to rise above $60 a barrel because higher prices could bring more supply from shale output, Iran’s oil minister said.
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Publish Date:10/January/2018 | 14:11

Iran Oil Minister Plays Down Total's Exit From Binding Gas Deal

EghtesadOnline: Iranian Oil Minister Bijan Namdar Zanganeh says Total S.A.'s contract with Tehran to develop Phase 11 of the South Pars Gas Field is "legally binding" and the French energy major cannot walk away from the deal under normal circumstances.
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Publish Date:20/November/2017 | 07:12

Zanganeh: Iran's Oil Deals With Russia to Help Defuse Trump's Unilateralism

EghtesadOnline: Iran's potentially lucrative oil and gas deals with Russian companies will help defuse US President Donald Trump's "unilateralism" and his efforts to scrap Tehran's nuclear deal with world powers, according to Oil Minister Bijan Namdar Zanganeh .
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Publish Date:05/November/2017 | 11:08

Gas Output Set to Reach 1 bcm/d by March 2019

EghtesadOnline: Iran plans to raise natural gas production to 1 billion cubic meters per day by March 2019, Oil Minister Bijan Namdar Zanganeh said on Tuesday.
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Publish Date:01/November/2017 | 07:06

Reshuffle in Top Petroleum Posts

EghtesadOnline: Iran's Oil Minister Bijan Namdar Zanganeh on Sunday appointed a new chief for the National Petrochemical Company and nominated a woman as his first deputy in the latest restructuring of top management in Iran's key petroleum industry.
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Publish Date:30/October/2017 | 14:05