The head of the Research and Technology Center of the South Pars Gas Complex (POGC) said the complex has saved more than 20 million euros by advancing projects for the first-time production of gas industry equipment and items inside the country.

Iran has reported a technical glitch in one of its natural gas installations amid reports suggesting that supply of gas to Turkiye has dropped significantly since earlier this month. The Iranian Oil Ministrys news service Shana said in a Sunday report that it had put an unidentified gas distribution station in north of the country out of service ...

Iran says domestic contactors have finished pipe laying operation for a major natural gas project in the Persian Gulf some five years after foreign companies left the project under American pressure. A Saturday report by the Iranian Oil Ministrys new service Shana said that laying pipelines at sea for the phase 11of the South Pars gas field had ...

Iran says it has revived a major liquefied natural gas (LNG) project that delayed for years because of American sanctions on the Iranian petroleum sector. A subsidiary of the Iranian Oil Ministry said on Tuesday that it had obtained the government permit for an LNG production train that will have an output of 5 million tons per year (t/yr). The ...

Tehran Times - Iranian deputy oil minister for engineering, research and technology affairs said the ministry has signed 26 major deals with the countrys universities, IRNA reported. Speaking on the sidelines of a signing ceremony for a memorandum of understanding (MOU) between the Oil Ministry and Iranian Mining Engineering Organization (IMEO),...

MNA According to an informed source in the Iranian Oil Ministry, Iran has won the first phase of a legal case in a dispute over gas against Turkmenistan and the Central Asian country has to pay compensations. After two years that Iran sued Turkmenistan over ceasing gas supplies to Iran during 2017 winter in the International Court of Arbitration ...

Tehran Times - According to the latest ratification of the parliament, Iranian oil ministry is permitted to issue up to $3 billion of sharia compliant bonds, known as Sukuk, Shana reported on Wednesday. Once being approved by the Iranian cabinet, the oil ministry can issue rial-dominated or foreign exchange-reliant Sukuk via the Iranian state-run ...

AP- Iran's Oil Ministry has published list of 29 international companies qualified to bid for oil and gas projects following the lifting of sanctions under a landmark nuclear accord. The list published on the ministry's website Monday includes several multinational firms, among them Total, Shell, Eni, Gazprom and Schlumberger. In October, Iran invited ...

TEHRAN (FNA)- Deputy Oil Minister for Petrochemical Industry said the ministry will support the capable companies from the private sector in its projects. The National Iranian Petrochemical Company (NIPC) would like to help tap the potentials of the private sector to develop the industry, said Abbas Shari-Moqaddam who is also the companys CEO. Referring ...

TEHRAN- Iran plans to extend its oil and gas pipeline network to 18,000 by the Iranian calendar year 1400 (March 2021-March 2022), according to an official at the Iranian Oil Ministry. The length of Irans oil and gas pipeline network stands at 14,000 kilometers at present, Iranian Oil Pipelines and Telecommunications Company (IOPTC) Managing Director ...

[caption id="attachment_7142" align="alignright" width="155"] An oil tanker, Episkopi, is seen docked next to Iraq's vital al-Basra oil terminal, in Persian Gulf waters, Wednesday, Feb. 27, 2008. Crude oil prices fell more than $2 a barrel Thursday, April 24, 2008, as the dollar gained strength against the euro. (AP Photo/Kamran Jebreili)[/caption] TEHRAN:...

[caption id="attachment_40226" align="alignright" width="210"] Oil tankers dock at Basra harbor in southern Iraq[/caption] The Iranian Oil Ministry says Tehran and Baghdad have agreed to explore and develop oil and gas fields lying along the common border between the neighboring OPEC members,Press TVreports. The ministry added that the two sides ...