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Pars Oil & Gas Company announces NIOC plans to offer pre sale oil bonds

Managing director of the National Iranian Oil Company NIOC says the company plans to sell crude oil to people in the form of presale oil bonds. Speaking to Shana Ahmad Qalebani said that selling

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Pars Oil & Gas Company announces drilling of 3rd appraisal well starts at...

Speaking to Shana Makvand said Pars Oil and Gas Company POGC as contractor plans to drill four appraisal wells in the phase of which drilling of two wells have been completed and drilling the third

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Pars Oil & Gas Company announces petcham production capacity to hit 57...

Iran39s petrochemical production capacity will hit 57 million tons following commissioning of a number of petrochemical projects at Kavian Kermansheh and Bandar Imam Khomeini petrochemical plants

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Iran has started drilling the first development well at South Pars gas...

The Sina drilling rig the same rig that drilled the phases39 first exploratory well is drilling the development well the IRNA News Agency reported. The first exploratory well of phases 2224 of

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Pars Oil & Gas Company announces Iran plans to increase gas production

ManagingDirector of Pars Oil and Gas Company Mousa Souri announced that Iran will increase gas production in the giant South Pars gas field adding that the country will surpass Qatar39s gas produ

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Iran's petrochemical exports hit $7 billion

Speaking yesterday at a conference on investment in petrochemical sector deputy minister of petroleum for petrochemicals Abdolhosain Bayat made the remarks adding during the mentioned period the co

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Pars Oil & Gas Company announces supporting domestically manufacturing...

Head of parliamentary and legal affairs of Petroleum Ministry Shoja39 dding Bazargani made the remarks adding the draft has been finalized and will start legal procedures for approval. Referring

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Shahid Rajaee Offshore Drilling Mast was installed in the largest phase of...

Shahid Rajaee Offshore Drilling Mast was installed in the largest phase of South Pars in the Persian Gulf announced the manager of National Iranian Drilling Company NIDC for offshore drilling. M

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Pars Oil & Gas Company announces gas production hits 120 bcm/d

Manager of dispatching department at National Iranian Gas Company NIGC Hasan Montazer Torbati made the remarks adding gas production stands at 550 to 600 million cubic meters per day now. He cont

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Pars Oil & Gas Company announces extension of IP pipeline starting in 30...

Managing director of National Iranian Gas Company NIGC says construction of continuation of IranPakistan gas pipeline in the neighboring country39s territory would start in next 30 days. Speaki

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Pars Oil & Gas Company announces two petrochemical projects coming online

NPC39s managing director Abdolhosain Bayat made the remarks adding the projects include Kavian Petrochemcial Plant and West Ethylene Pipeline which are among the Mehr Mandegar Lasting Kindness p

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POGC announces development of South Pars to cause remarkable growth in...

The remarks were made by ManagingDirector of Pars Oil and Gas Company POGC Mousa Souri on Monday. The Iranian gas field accounts for eight percent of the global gas reserves said Souri adding th

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Pars Oil & Gas Company announces Iran attains self-sufficiency in...

Engineers and experts of the Iranian Offshore Engineering and Construction Company IOEC have attained selfsufficiency in constructing and erecting offshore structures IOEC ManagingDirector Ali Ta

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Pars Oil & Gas Company announces oil industry determined to develop...

Iranian minister of petroleum made the remarks in Kharg Island during his today visit to a NGL project adding Supreme Leader of the Islamic Revolution and Iranian president are pursuing the issue clos

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Pars Oil & Gas announces $25 billion invested in upstream sector, Qasemi

Addressing Sunday at the fifth conference on promoting financing system in Iran Iranian minister of petroleum Rostam Qasemi made the remarks adding the country with enormous opportunities in oil an

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Pars Oil & Gas Company announces friendship pipeline to carry Iran's gas...

Petroleum ministry39s spokesperson Alireza Nikzad Rahbar made the remarks today at a press conference adding a 56inch gas pipeline that starts from Assaluyeh onshore installations of South Pars

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Pars Oil & Gas Company announces NIGC processes 136 bcm of gas

Iranian gas processing plants have processed more than 136 billion cubic meters of gas since the beginning of current Iranian calendar year 20 March 2012 up by 5 percent against similar period last

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Iran gas recovery from South Pars fetches 500 bcm

The official data indicated that Iran is recovering 285 to 300 million cubic meters mcm of natural gas from the massive field divided into 28 phases. The daily gas recovery would soar past 700 mcm

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Pars Oil & Gas Company announces Iranian experts manufacture 60 percent...

Managing Director of Pars Special Economic Energy Zone PSEEZ Massoud Nasouri hailed Iranian experts and engineers for their efforts towards selfsufficiency and said that a big portion of the parts

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Iran's annual oil revenue hit $110 billion

Islamic Republic of Iran39s annual oil revenue hit 110 billion dollars during last Iranian calendar year ended 20 March 2012 an unprecedented figure since the establishment of National Iranian Oi

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