[caption id="attachment_56406" align="alignright" width="198"] The Managing-director of the National Iranian Oil Company (NIOC) Roknoddin Javadi[/caption] TEHRAN March 17(Shana)--The supergiant South Pars gas field is estimated to earn Iran $127 billion in annual revenues in three years, a top official said.The value of products from this field ...

[caption id="attachment_111583" align="alignright" width="194"] managing-director of National Iranian Oil Company (NIOC)[/caption] TEHRAN March 03(Shana)--A senior Iranian official has said that the main phase of the giant offshore South Pars gas field is ready to come on-stream. This phase (Phase 12) is not half-finished and is ready for inauguration,...

[caption id="attachment_56406" align="alignright" width="206"] The Managing-director of the National Iranian Oil Company (NIOC) Roknoddin Javadi[/caption] TEHRAN March 03(Shana)--The Managing-director of the National Iranian Oil Company (NIOC) said Iran's crude oil production capacity stands at 4 million barrels a day. Addressing a national congress ...

[caption id="attachment_55907" align="alignright" width="194"] Director of international affairs at National Iranian Oil Company Mohsen Qamsari[/caption] TEHRAN Feb 20(Shana)--Iran has stopped importing gasoil and will soon become an exporter, director for international affairs of National Iranian Oil Company aid. Iran will soon be exporting ...

Managing Director of the National Iranian Oil Company Ahmad Qalebani stated "Europeans accepted Iran's oil condition for future oil exports to their countries," ISNA reported. Iran has laid out conditions for future oil exports to other European countries after halting sales to Britain and France earlier this week, the Iranian Foreign Ministry ...

TEHRAN, Dec. 14 (MNA) A huge natural gas reserve has been discovered in south of Iran, Managing Director of the National Iranian Oil Companys (NIOC) Exploration Department Hormoz Qalavand has announced on Sunday. Drilling the exploration oil wells has commenced in order to estimate the volume of this new gas reserve, said Hormoz Qalavand. Although ...

TEHRAN Dec 06 (Shana)--Managing director of the National Iranian Oil Company Roknoddin Javadi called on manufacturers and research centers to take part in the strategic drive for indigenizing production of oil industry equipment and technologies. In a message to a specialized exhibition kicked off today in Ahvaz city provincial capital of Khouzestan ...

TEHRAN (FNA)- Senior Iranian energy officials underlined that the foreign countries, including Indonesia, do not have to wait for the sanctions imposed against Iran to be lifted, and they can start importing Iran's crude now. "If any country, including Indonesia, wants to start importing oil from Iran, they will face no problem and they do not ...

TEHRAN Oct 28 (Shana)--The managing-director of National Iranian Oil Company (NIOC) has named a new chief at the head of the state-run companys legal directorate. Rokneddin Javadi on Monday appointed Ali-Akbar Mahrokhzadeh to replace Mahmoud-Reza Firouzmand. Javadi said the NIOCs Legal Directorate is expected to make sure that Irans interests are ...

TEHRAN, Oct. 28 (MNA) Irans NIOC has announced new criteria for its oil customers. Seyed Mohsen Qamsari, NationalIranianOil CompanyDirectorforInternational Affairs told the press that destination, financial capability, and a good reputation were the NIOCs criteria for customers. Until before the sanctions target the Iranian economy and oil industry,...

TEHRAN Oct 17 (Shana)--Development of the giant offshore South Pars gas field is to pick up speed in the current calendar year to March 2015, a deputy petroleum minister said. Rokneddin Javadi, who is also managing-director of National Iranian Oil Company, said the onshore section of Phases 12, 17&18 of South Pars needs to undergo development ...

DUBAI, Oct 14 (Reuters) - Iran's deputy oil minister said on Tuesday that the recent drop in oil prices is short-lived and is unlikely to hurt the OPEC member's budget, oil ministry's news agency Shana reported. "The drop in oil price is short-lived," Shana cited Rokneddin Javadi, who is also the managing-director of the National Iranian Oil Company ...

Daily look at Irans late-breaking news and upcoming events:   Iran: Messages exchanged with US over militants A senior Iranian official has confirmed that his country and the U.S. exchanged messages over the fight against the militant Islamic State group.   Wreckage of Iran police lost aircraft found Irans Law Enforcement Force on ...

An Iranian oil official has dismissed reports that Irans crude price reduction is due to the countrys rivalry with Saudi Arabia in the oil market. Irans oil price cut proportionate to [that of] Saudi Arabia does not mean that Iran seeks to have a deliberate competition with Saudi Arabia, Mohsen Qamsari, director for international affairs at National ...

TEHRAN Oct 7 (Shana)-- A senior Iranian petroleum ministry official has said that the Islamic Republic sells crude oil directly to its customers. Previously, the existence of intermediaries had caused problems for companies willing to buy Irans crude oil, Mohsen Qamsari, director of international affairs of National Iranian Oil Company, said. He ...

TEHRAN, Aug. 26 (MNA) Iran and Turkey have referred their row over gas deal to International Hague Arbitration Tribunal. Turkey filed a lawsuit against Iran in the Hague International Court over gas prices last year. Hamid Reza Araqi, NIOC managing director , had told before that Turkey brought the case to the Hague over higher gas price, which ...

TEHRAN August 19 (Shana)--Irans four-month gas production has grown 30 percent year-on-year, a deputy petroleum minister said. During the first four months of the current [calendar] year [which started on March 21], our countrys gas production has increased 30 percent from the year before, Rokneddin Javadi said. Javadi, who is also managing-director ...

TEHRAN August 18 (Shana)--Iran expects tangible progress in the development of South Azadegan oil field in the coming months, a top official said. Our estimates show that we will witness an acceptable level of progress in December or January, Rokneddin Javadi, managing-director of National Iranian Oil Company, said. He said that four drilling rigs ...

TEHRAN August 12 (Shana)--Crude oil sale at Irans Energy Exchange has failed due to lack of diversity in delivery spots, a senior Iranian official said. Non-diversity of crude oil delivery spots is a reason behind the failure of crude oil selling at Energy Exchange, Rokneddin Javadi, managing-director of National Iranian Oil Company, said. Crude ...

TEHRAN (FNA)- A senior Iranian energy official on Saturday categorically rejected a Reuters report alleging that Iran has stopped its fuel oil exports. "Some regional traders have spoken of a halt in exports of Iran's fuel oil just for the sake of their own interests and to increase the price of fuel oil," the National Iranian Oil Company (NIOC) International ...