MNA Iranian Oil Minister Zangeneh said important changes have been made to OPEC in a way that decisions made outside OPEC can no longer be imposed on the body for ratification. He made the remarks to reporters on the sidelines of a cabinet meeting on Wednesday. He said Iran achieved all of its objectives and demands at the 176th OPEC Meeting ...

MNA Iranian Minister of Petroleum Bijan Zangeneh said the country was exempted from an agreement among OPEC members to continue capping the producer bodys crude oil output by 0.8 mbd. Fortunately, amendments were made to the OPEC and Non-OPEC Cooperation Charter, and decisions of this charter are not binding and will not create an obligation for ...

Tasnim - Iranian Oil Minister Bijan Zangeneh met with the OPEC President Manuel Quevedo, who is also Venezuelan Oil Minister, in Vienna ahead of the organizations 176th Meeting later on Monday. During the meeting, the two sides talked about the status of OPEC and stressed the fact that no country could impose decisions on OPEC from outside. Such ...

SHANA - Iran and Iraq have reached an understanding for joint development of Naft Shahr and Khorramshahr joint oilfields, Iranian Minister of Petroleum Bijan Zangeneh announced. Speaking on Sunday, on during a visit to the Energy Industries Engineering and Design (EIED, an affiliate to the Oil Industries' Engineering and Construction (OIEC)), the ...

SHANA Construction of a 300,000-ton petrochemical project in the southwestern city of Andimeshk has started. A ceremony was held in the city in the presence of Iranian Minister of Petroleum Bijan Zangeneh and a number of parliament members and local officials to break the grounds for starting the construction project of the plant. The plant ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said the country was planning to invest 6.5 billion dollars in petroleum projects by resorting to domestic resources. Addressing a ceremony to break the grounds for construction of a petrochemical project in the southwestern city of Andimeshk on Thursday, the official said, We endure pressure ...

IRNA Irans Minister of Petroleum Bijan Zangeneh said on Saturday that during his upcoming visit to China, he will discuss the hesitation of China National Petroleum Corporation (CNPC) in developing Phase 11 of South Pars Gas Field in southern Iran. Zangeneh and Parliament Speaker Ali Larijani are scheduled to visit China later this week. While ...

IRNA Minister of Petroleum Bijan Zangeneh says Iran will overcome sanctions with pride. 'We are a resilient nation and will overcome sanctions proudly as we did during the imposed war (1980-1988),' Zangeneh told reporters on the sidelines of Bahman 22 (February 11) rallies in Tehran marking the 40th victory anniversary of the 1979 Islamic Revolution....

Reuters - Iranian Oil Minister Bijan Zanganeh said on Thursday U.S. sanctions against his country were fully illegal and Tehran would not comply with them. We believe that we should not comply with the illegal sanctions against Iran, Zanganeh told a joint news conference in Baghdad with his Iraqi counterpart, Thamer al-Ghadhban. Zanganeh also ...

IRNA Petroleum Minister Bijan Namdar Zangeneh on Monday called for export of products of some 10 petrochemical facilities operating in Kermanshah, Ilam, Lorestan and Kurdestan provinces to Iraq. Addressing a conference on Kermanshah provinces capacities, he described Iraq as a good market, adding that the market is located in the neighborhood of ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh sent a congratulatory message to the Christians all over the world and the Christian staff of the Iranian oil industry on the birth anniversary of Jesus Christ (PBUH) and beginning of the year 2019. In his message, Mr. Zangeneh paid tribute to Prophet Jesus (PBUH) as the prophet of peace and friendship....

shana - Iranian Minister of Petroleum Bijan Zangeneh said despite the fact that among the oil-exporting countries in the region, Iran's budget was the least dependent on petrodollars, the macroeconomic policy of the country is to reduce the dependence of the budget on oil revenues." According to ICANA, Mr. Zangeneh, said the administration was seeking ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh met his Qatari opposite number, Saad al-Kaabi, Qatar Energy Minister, in Vienna on Thursday, discussing increased meddling of other countries in OPEC decisions. The two sides also spoke about Qatars withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) at Kempinski Hotel ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said there were no plans for rationing petrol in the country. The remarks came as there are rumors about rationing petrol in a bid to tackle smuggling of the strategic item to neighboring countries where the price of petrol is several times highest than that in Iran. Speaking to reporters following ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh appointed Hassan Montazer Torbati as the new head of the National Iranian Gas Company (NIGC). Mr. Zangeneh issued a decree on Sunday evening replacing Mohammad Reza Araghi with Mr. Torbati. Mr. Araghi stepped down from his post as NIGC CEO due to retirement. Previously, Hassan Montazer Torbati ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said the coming months would be pretty hurtful for oil consumers. "Unfortunately, the coming months are expected to be pretty hurtful for consumers, said the official in an interview with Shana, adding that the sanctions waivers US government would grant oil consumers were not in proportion to ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said the group reached a consensus to stick to the bodys output reduction agreement it struck back in 2016 to cap production by 1.2 million barrels per day after the 174th OPEC meeting. The Iranian official, following the 174th ordinary meeting of the Organization Petroleum Exporting Countries ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh hosted a meeting with visiting Congolese Minister of Foreign Affairs Jean-Claude Gakosso in his Tehran office on Thursday. The two sides considered membership of the central-African country in the Organization of Petroleum Exporting Countries (OPEC). If approved by all members of ...

SHANA - Irans production of gas condensate is planned to exceed a million barrels per day the second half of the next Iranian calendar year which begins on March 21, Iranian Minister of Petroleum Bijan Zangeneh said. Speaking in a televised interview, the official said that Irans crude oil production will remain at around 4 mbd this calendar year ...

IRNA Iranian Petroleum Minister Bijan Zangeneh announced here on Sunday that the country is to begin legal proceedings against Pakistan in a protracted gas pipeline project. Iran has laid pipeline upto Pakistan's border, but the neighboring country has neglected to take due measure on its soil, Zangeneh said at a press briefing. So, Zangeneh added,...