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Gazprom Neft Finalizing Plan for Iranian Oil, Gas Projects

EghtesadOnline: Russia's Gazprom Neft plans to present a preliminary plan for developing two Iranian oil and gas fields — Changuleh and Cheshmeh Khosh — in April, while the final proposal is expected to be presented by late July, Gazprom Neft's First Deputy CEO Vadim Yakovlev said.
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Publish Date:09/March/2017 | 17:15

Philippine's State Oil Co. Eying Iran LNG Project

EghtesadOnline: The Philippines' state oil company, PNOC, as part of a group of international oil and gas companies known as Pergas Consortium, is planning to build a liquefied natural gas plant in Iran in collaboration with the National Iranian Oil Company, director for Iran operations at Pergas said on Tuesday.
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Publish Date:08/March/2017 | 06:32

Parliament requires Oil Ministry to boost strategic reserves

EghtesadOnline: Lawmakers in the Iranian parliament (Majlis) urged the Ministry of Petroleum on Wednesday to increase the country’s strategic reserves of oil and natural gas as a leverage in the global oil and gas markets.
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Publish Date:01/March/2017 | 14:27

The Discreet Charm of Gas for Iranian Steel

EghtesadOnline: Iran’s huge gas reserves have been a boon to the domestic steel industry. For years, Iranian steelmakers have relied on cheap gas feedstock to boost production using direct-reduced iron, believing Iran’s energy advantage compared to other global rivals is the key to higher value-added for the industry, both in steel production and raw material exports.
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Publish Date:01/March/2017 | 13:19

Iran Insists on Tendering Oil, Gas Development Projects

EghtesadOnline: Iran is determined to develop its oil and gas fields through tenders for international companies, a top oil official said, as the country strives to hold the first such tender since sanctions were lifted in the January of last year.
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Publish Date:28/February/2017 | 16:51

Total in Talks For Stake in LNG Export Facility

EghtesadOnline: Total is in talks to buy a multi-billion dollar stake in Iran's partly-built liquefied natural gas (LNG) export facility, Iran LNG, seeking to unlock vast gas reserves.
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Publish Date:28/February/2017 | 16:47

Giant Leap in Iran's Gas Condensate Exports

EghtesadOnline: The National Iranian Oil Company exported 24 million barrels of gas condensates in January to Asian and European buyers -- the outbound volume being over and above the average figures seen during the past several months.
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Publish Date:26/February/2017 | 13:06

Iran to catch up Qatar in South Pars soon

EghtesadOnline: Iran will have launched several major phases of the huge South Pars gas field project in the Persian Gulf by the end of the current Iranian calendar year (March 20, 2017).
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Publish Date:26/February/2017 | 11:53

Natural Gas Push Undeterred by Trump Tantrums

EghtesadOnline: Iran is hard at work gaining a foothold in the global energy market, and it is not letting US President Donald Trump’s confrontational tone stop it from trying.
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Publish Date:25/February/2017 | 05:50

1st UK Reinsurance for South Pars Projects

EghtesadOnline: Ed Broking LLP, London-based wholesale insurance and reinsurance broker, says it has managed to provide reinsurance coverage for three energy projects in Iran’s South Pars Gas Field.
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Publish Date:20/February/2017 | 15:46

South Pars Gas Output to Rise by 90 mcm/d

EghtesadOnline: Gas output from the giant South Pars field in the Persian Gulf is set to rise by 90 million cubic meters per day by the end of the present fiscal year in March, taking production closer to that of Qatar.
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Publish Date:14/February/2017 | 10:04

Veep: Up to 560mcm gas to be extracted from SP

EghtesadOnline: The First Vice-President, Eshaq Jahangiri, said on Monday that gas extraction from South Pars field will rise up to 560 million cubic meters.
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Publish Date:07/February/2017 | 05:40

Iran Envisages Bigger Domestic Role in IPC Projects

EghtesadOnline: The National Iranian Oil Company is compiling a list of domestic companies that can operate as part of future oil and gas development projects, Ali Kardor, the NIOC chief, said at the weekend.
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Publish Date:06/February/2017 | 06:44

All SP phases to be operational by March 2018

EghtesadOnline: By end of the Iranian calendar year of 1396 (March 21, 2017-March 20, 2018) all phases of Iranian South Pars gas field will be operational, which means more jobs and exports of oil derivatives.
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Publish Date:05/February/2017 | 10:13

Iran’s oil production to pass 4 million barrels

EghtesadOnline: “Exporting of crude oil and gas condensations reaches to 3 million barrels per day,”reported Iran national Oil Company’s CEO, pointing to the rise of daily oil production to 4 million barrels.
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Publish Date:05/February/2017 | 05:45

Iran not insisting gas imports from Turkmenistan

EghtesadOnline: Deputy Minister of Petroleum and Managing Director of the National Iranian Gas Company (NIGC), Hamid-Reza Araqi, says Iran does not insist importing gas from Turkmenistan.
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Publish Date:04/February/2017 | 08:27

Total starts development of South Pars phase 11

EghtesadOnline: Deputy Head of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs, Gholam-Reza Manouchehri, says Total, the oil and gas corporation in France, has practically started works for development of the phase 11 of the South Pars Gas Field.
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Publish Date:02/February/2017 | 18:24