Tasnim The launch of a major oil project in Irans western province of Ilam is expected to raise the crude output at Danan oilfield from 8,000 to 19,000 barrels per day, an official announced. Speaking to Tasnim, governor of the city of Dehloran said a project on development of Danan oilfield in the province of Ilam will increase the oil output ...

TEHRAN June 28(Shana)--Kermanshah Polymer Plant produced 291,000 tons of petrochemicals during the previous Iranian calendar year which came to an end March 2015. According to the managing director of the plant, its output was 97% of its nameplate capacity due to the lack of ethylene required for production of polymers. Hussein Sabaq said the plant's ...

Ilam, Jan 21, IRNA Governor General of Ilam Province Mohammad Reza Morvarid said Mexican companies are due to make investment in oil and gas industry in the province. He said talks have been held with Mexican investors, adding that with regard to their willingness for making investments in Ilam Province preliminary proposals for cooperation were ...

TEHRAN Sep. 2 (Shana)--Irans Bank of Industry and Mine is contributing 289 million euros to a petrochemical plant in western Iran, the banks manager said. Ali Ashraf-Afkhami said the bank is investing in the second phase of Ilam Petrochemical Plant. The Bank of Industry and Mine is seeking to broaden its activities for investment in Irans petrochemical ...

TEHRAN Dec 28 (Shana): The price of feedstock for petrochemical plants will be announced soon, managing-director of National Petrochemical Company said. Abbas Sheri Moqaddam said the new prices will take effect next calendar year which starts on March 21, 2014. Petroleum Ministry and NPC are in final talks with MPs and private entities. The feedstock ...

[caption id="attachment_30928" align="alignright" width="180"] A file photo showing installations at an Iranian petrochemical plant[/caption] TEHRAN (FNA)- A senior petrochemical official said the necessary ethylene for Ilam Petrochemical Plant has been received through the West Ethylene Pipeline and the first phase of the petrochemical plant will ...