TEHRAN, Jan. 14 (MNA) – After an expected hiatus in Iran’s oil exports to some of the country’s main customers following the reimposition of the US sanctions, once again the country’s old buyers are coming back to take advantage of the 180-day window which has been presented by the waivers granted in November.

Although it took some of these buyers more than a month to make necessary arrangements or to contemplate on the matter,"...

TEHRAN- The first platform of phases 22-24 of South Pars gas field starts operation, Farhad Izadjou, the operator of these phases, announced.

Izadjou put the daily gas production in this platform, which belongs to phase 22, at 14.2 million cubic meters (mcm), IRNA reported on Saturday.

Phases 22-24 are expected to produce 56 million cubic meters of sour gas, 75,000 billion"...

TEHRAN, Jan. 13 (MNA) – Kaveh Petrochemicals Plant and the first phase of Bushehr petrochemicals facility are scheduled to come on-stream by the end of the current Iranian calendar year to March 20.

Kaveh Methanol Plant has been pre-commissioned and is being prepared for official inauguration by March, said director of projects at the National Petrochemical Company (NPC), according to the news service of Iranian Oil Ministry SHANA.

TEHRAN, Jan. 13 (MNA) – The Iranian Parliament Research Center (IPRC) has predicted that Iran will be able to export 1.5 million of crude oil bpd at the price of $ 54 bpd in the upcoming Iranian of 1398 (begging on March 21, 2019).

While the lawmakers in the Iranian Parliament are discussing the budget bill offered by the Iranian government for the next fiscal Iranian year of 1398, the Iranian Parliament Research Center (IPRC) said that total"...

ERBIL, Kurdistan Region – Iraq’s oil minister Thamer al-Ghadhban and his Iranian counterpart Bijan Namdar Zangeneh met on Saturday to discuss Iranian gas imports for Iraq’s power stations. However, the US has signaled the sanction waivers it granted to some of Iran’s energy customers will soon expire.

During a press conference following their meeting, Ghadhban stressed the importance of Iran and Iraq’s relationship and efforts at “expanding the horizons of bilateral cooperation"...

Policy makers worldwide have a proven solution for cutting carbon emissions by switching electricity generation from coal and oil to natural gas, Majid Jafar, CEO of Crescent Petroleum, told an audience of energy ministers and industry leaders meeting in Abu Dhabi this morning.

As global demand for energy rises, natural gas is emerging as a fuel of choice for power generation in the 21st century, serving as a central ingredient in a more sustainable"...

TEHRAN, Jan. 09 (MNA) – Iranian Deputy Oil Minister Alireza Sadeghabadi revealed the supply of surplus gasoline in Iran Energy Exchange (IRENEX) for exports.

He made the above remark in his weekly press briefing on Wed. and said, “considering the launch of Phase 3 of gasoline production unit in the Persian Gulf Star Refinery (PGSR), the ministry has planned for exporting and storing surplus gasoline, the issue of which has been put atop"...

TEHRAN, Jan. 06 (MNA) – Two platforms of South Pars gas field- Phase 13 are ready to be fully operational in order to transfer gas to the onshore refineries, according to operator of the project.

According the news service of Iranian Oil Ministry 'SHANA', Payam Motamed, the operator of Phase 13 of the offshore South Pars gas field, announced that two flare stacks of two offshore platforms of the phase (13B and the satellite 13D) had"...

ARAK, Jan. 04 (MNA) – Iran is set to build its largest-ever solar farm with a capacity as much as 1,000 megawatts in Markazi province, central Iran, a senior official said.

Saeed Farrokhi, Markazi province’s deputy governor for economic affairs, said the photovoltaic power plant will be constructed over a 2,000-hectares area near the city of Saveh, turning it into the largest producer of renewables in the country.

According"...

TEHRAN, Jan. 02 (MNA) – The onshore refining facility of South Pars Phase 13 is now prepared to be fed by all the gas produced at the offshore phase in the Persian Gulf.

Operator of SP 13 project Payam Motamed was quoted by SHANA as saying that the refinery’s full gas sweetening capacity was operational as its 4th and last train had come online.

He said the"...