TEHRAN May 21 (Shana)--The head of National Iranian Oil Company (NIOC) has said that Iran should modify the terms of oil contracts so as to benefit both contractor and host government. The contracts should be modified so as to guarantee profits for both contractor and host government while being invulnerable to market fluctuations, Rokneddin Javadi ...

TEHRAN, April 6 (MNA) The head of INOC has said despite several negotiations with Russia, no agreement has been hammered out yet. Roknoddin Javadi told Mehr News that both Iran and Russia were on negotiations about different sectors and any final agreement would be communicated to the public. Asked by Mehr News correspondent whether Iran would ...

TEHRAN, March 3 (MNA) Iranian deputy oil minister has said natural gas production will begin soon and POGC will set up 2nd production line in 15 and 16 refineries. Rokneddin Javadi told Mehr News correspondent that the largest South Pars phase had set to begin natural gas production in phase 12. In a response to Mehr News question about launching ...

TEHRAN (FNA)- Deputy Oil Minister Roknoddin Javadiannounced on Tuesday that the transfer of sweet gas from South Pars Phase 12 to the onshore facilities will start next week. The sweet gas produced at Phase 12 (of South Pars) will be injected to the national grid next week, Javadi, who is also the managing-director of the National Iranian Oil ...

TEHRAN (FNA)- Arvandan Oil and Gas Company will become the second largest oil production company in the country, Head of the National Iranian Oil Company (NIOC) Roknoddin Javadi said. Addressing the introducing ceremony of the newly appointed chief of Arvandan Oil and Gas Company, Javadi said the company would celebrate its achievement on raising ...

Daily look at Iran's late-breaking news and upcoming events:   Rouhani reaffirms Irans enrichment right Iranian President Hassan Rouhani has reaffirmed the countrys entitlement to uranium enrichment as part of a civilian nuclear program.   MP criticizes western governments for political approach toward Iran nuclear program Head of ...

[caption id="attachment_27590" align="alignright" width="180"] A view of Iran's South Pars Gas and Oil Field[/caption] TEHRAN Dec 07 (Shana): In order to accelerate operations in South Pars gas field top priority projects, load-out operations in the platform of Phase 18 of this giant offshore field started on Thursday in Khorramshahr Yard. Managing-...

TEHRAN Dec 07 (Shana): Managing-Director of National Iranian Oil Company (NIOC) Roknoddin Javadisaid Irans oil production capacity will reach four million barrels a day in the near future. Numerous projects are being operated by NIOC with most of them pertaining to oil and gas production, Javadi told Shana. Irans oil production capacity soared to ...

TEHRAN (FNA)- Managing director of the National Iranian Oil Company (NIOC) Roknoddin Javadi appointed Alireza Kameli as the top executive of the National Iranian Gas Export Company (NIGEC). In his decree, the NIOC chief said "with the approval of the NIOC board of directors and considering your expertise and your valuable experience, you are appointed ...

A senior Iranian energy official says the country is planning to resume crude oil swap operations at a northern terminal in the near future. In a meeting with the officials of Iranian Oil Terminals Company (IOTC) on Wednesday, Managing director of National Iranian Oil Company (NIOC) Rokneddin Javadi said the revival of swap deals will increase the ...

TEHRAN Oct 30 (Shana): A deputy minister of petroleum has said that Iran will soon resume its crude oil swap operations in its northern oil terminal in the near future. Roknoddin Javadi, who is also managing-director of National Iranian Oil Company, told a symposium of Iranian oil terminals managers that the revival of swap operations will boost the ...

TEHRAN (Tasnim) Iranian Oil Minister Bijan Namdar Zanganeh said over $14 billion from the country's National Development Fund has been allocated to oil, gas and petrochemical sectors to partially make up for years of under-investment due to US-led sanctions against Iran. Announcing the news in an international economic conference in Tehran ...

[caption id="attachment_27590" align="alignright" width="180"] A view of Iran's South Pars Gas and Oil Field[/caption] TEHRAN (Tasnim) Managing director of the National Iranian Oil Company (NIOC) said some $25 billion should be ploughed into the countrys South Pars gas filed for all its remaining phases to come on stream. Completion of development ...

TEHRAN Oct 09 (Shana): Managing-Director of National Iranian Oil Company (NIOC) Roknoddin Javadi has underlined the significant role of outsourcer for the implementation of projects. Implementation of projects depends on the proper performance of outsourcer as well as positive interaction between the outsourcer and the contractor, but the role of ...