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Iran gas

Iran’s Salman gas field to resume production soon

Iran is scheduled to resume gas production in Salman Field, shared with the UAE, within a month after a damaged pipeline is repaired, according to an oil and gas official familiar with the matter.

Energy

Iran’s oil and gas reserves estimated at 1.2 trillion barrels

Iran has the equivalent of over 1.2 trillion barrels of oil and gas as a senior Oil Ministry official says the country will be able to tap those reserves for at least a century from now.

Energy

Study suggest 19.5% growth in Iran oil, gas sector in year to March

A study by Iran’s parliament’s research center shows that Iranian oil and gas sector will grow by 19.5% in the calendar year to late March.

Energy

Iran’s oil, gas condensate output expected to rise next year

Considering the new resource allocations for the development of the oil industry in the budget bill for the next Iranian calendar year (starts on March 21), the country’s crude oil and gas condensate production is expected to increase by 144,000 barrels per day (bpd) in the next fiscal year.

Energy

Iran’s gas condensate exports on the rise: Minister

Iranian Minister of Petroleum Javad Owji said the country’s gas condensate exports are on the rise, adding a new record has been set in gas production from the joint South Pars Gas Field.

Energy

Last South Pars onshore refinery to become operational by January 2022

The operation of the first gas sweetening train of Phase 14 refinery in the giant South Pars Gas Field by January 2022 is of high priority for the National Iranian Oil Company, the company’s deputy for production said.

Energy

Despite sanctions, Iran is world’s third largest gas producer

Iran produced 267 billion cubic meters of natural gas in 2019, making the country the world’s third-largest producer after the US and Russia despite the most draconian sanctions imposed on the country.

Energy

Iran oil, gas industry needs $160 billion of new investment: Minister

Iran’s Petroleum Minister Javad Owji said on Tuesday that the country has to invest some more $160 billion on oil and gas industry.

Energy

Iran to maximize winter gas output to prevent shortages

Iran gas output will maximize to 940 million cubic meters (mcm) per day over the winter months to ensure households and power plants will face no shortages.

Society Economy

Iran to launch South Pars Phase 14 refinery soon

Iran will launch a refinery in the Phase 14 of South Pars Gas Complex in coming days, said the operator of the SP Phase 14 Development Project.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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