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NIOC: Iran Pumps More Gas Than Oil

EghtesadOnline: Iran is now producing more natural gas than crude oil, a top energy official said on Saturday.
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Publish Date:02/January/2017 | 07:53

Over 109 bcm of gas recovered from S. Pars joint reservoir

EghtesadOnline: Some 109, 496,000,000 cubic meters of gas was recovered from the South Pars joint reservoir and refined in S. Pars refineries in the first three quarters of the current Iranian calendar year (started on March 20, 2016), it was reported on Friday.
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Publish Date:31/December/2016 | 14:29

Turkmenistan agrees new gas deal with Iran

EghtesadOnline: Turkmenistan agreed an MoU on gas exports to the Islamic Republic of Iran which means the country's gas exports to Iran will continue, an official at Iran Petroleum Ministry said on Friday.
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Publish Date:31/December/2016 | 05:43

Iran Signs Spot Contracts With Shell, BP

EghtesadOnline: The National Iranian Oil Company has signed new spot oil export contracts with BP and the Anglo-Dutch Royal Dutch Shell to provide them with oil and gas condensates, director for international affairs at NIOC said on Wednesday.
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Publish Date:30/December/2016 | 09:54

Iran Resolute in Completing Ambitious South Pars Gas Project

EghtesadOnline: Completion of the South Pars Gas Field project is estimated to cost upwards of $90 billion as Iran aims to raise natural gas production from the giant field to more than 700 million cubic meters per day in two years, said Mohammad Meshkinfam, the chief executive of Pars Oil and Gas Company.
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Publish Date:28/December/2016 | 05:31

South Pars declares record gas output

EghtesadOnline: Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said on Tuesday that South Pars gas output has risen by 140 million cubic meters marking a record output growth.
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Publish Date:22/December/2016 | 07:12

Tapping gas from Southern Pars phase-21 platform begins

EghtesadOnline: Executive works to tap gas from phase-21 platform by capacity of 28 million cubic meters a day began, Acting head of development plans of phases 20 and 21 of Southern Pars Alireza Abadi said on Thursday.
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Publish Date:16/December/2016 | 09:31

Exploitation of Iran joint gas fields prioritized

EghtesadOnline: Director of the Public Relations Department at the Non-Industrial Operations Pars Pasargad Company (Assaluyeh site), Ali Hassan-Nejad, says exploitation of common gas fields will be the priority of the government in the future.
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Publish Date:10/December/2016 | 14:51

South Pars' platform 18B goes on stream

EghtesadOnline: South Pars gas field’s platform 18B, with a capacity to recover 500 million cubic feet (around 14.5 million cubic meters) of gas per day officially went on-stream on Tuesday, an official said.
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Publish Date:06/December/2016 | 21:27

Total, China Join Iran’s First Gas Deal Since Sanctions Eased

EghtesadOnline: Iran signed a $4.8 billion natural gas development project with energy giants Total SA and China National Petroleum Corp., marking the first joint venture with international partners since sanctions on the Persian Gulf nation were eased in January.
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Publish Date:09/November/2016 | 10:16

Iran Talking With 16 Investors to Bid on Oil and Gas Projects

EghtesadOnline: Iran is negotiating with 16 international energy companies to help operate and manage 50 oil and natural gas projects around the country to boost production after years of international sanctions.
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Publish Date:20/October/2016 | 07:39

NIGC: Iran not rival to Russia in European gas market

EghtesadOnline: Deputy Minister of Petroleum and Managing Director of National Iranian Gas Company (NIGC) Hamid-Reza Araqi says Iran is not rival to Russia in European gas market.
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Publish Date:16/October/2016 | 10:22

Tehran Resolute About $10b in Oil, Gas Deals by March

EghtesadOnline: A top oil official seems confident that Tehran will sign billions of dollars in new oil and gas contracts within the next few months as the country gradually opens up its key energy sector to foreign investments.
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Publish Date:15/October/2016 | 20:13