Friday, March 29, 2024

Energy

Iran inks gas deal as Omani minister visits

Two separate agreements have been signed for studies in the offshore and onshore sections.

Iran welcomes boosting cooperation with Total

Total has already voiced readiness to sign new contracts with Iran, Rokneddin Javadi said.

‘Iran backs any oil market recovery bids’

Iran’s Oil Minister Bijan Zangeneh says Tehran will support any step to help the recovery of the oil market.

Austria’s OMV to help double Iran’s oil, gas output

Iran says it plans to use the help of Austrian energy giant OMV to increase production at its oil and gas reservoirs.

Iran says ready to export 200k bpd of oil to Spain

Iran says it is ready to increase its oil exports to Spain to levels that existed before the US-led sanctions were put into place.

Turkish oil company experts visit Amirabad port to invest

At the end of the meeting, the Turkish delegation visited the installations of the port.

Iran’s shared oil, gas fields need $50 billion

Iran plans $50 billion of investment to boost recovery from its shared oil and gas fields, including 700,000 barrels per day of crude, Minister of Petroleum Bijan Zangeneh says.

Iran determined to reclaim its share in global oil market: Zanganeh

Iran's oil minister says the Islamic Republic is determined to reclaim its share in global oil markets once sanctions imposed on the country’s energy sector are lifted.

India, Korea plan $10 billion energy park in Iran

A consortium of Iranian, Indian and South Korean companies seeks to set up an energy park in Iran’s Khuzestan province in a project worth $10 billion, including generation of 1,000 megawatts of solar power, the IRNA news agency says.

Iran, China discuss construction of nuclear plants

During the meeting, the two sides stressed the implementation and execution of the Joint Comprehensive Plan of Action (JCPOA) reached between Iran and the P5+1.

Iran plans $50 billion energy investment

Water and electricity projects worth $50 billion have been defined and sent to President Rouhani for presentation to domestic and foreign investors, said Chitchian.

India eyes LNG imports from Iran’s Chabahar Port

Iran has offered a proposed rate of $2.95 for each million British thermal unit of LNG that it plans to sell to India in the future, said the Indian union transport and shipping minister.

Iran gets first ever associated gas offer

The deal with the French company would cut Iran’s flaring of the associated gas in the offshore Persian Gulf fields by one-fourth.

Iran says draft of Iraq gas deal ready

Iran and Iraq are expected to sign the agreement within two weeks and exports of natural gas from Iran to Iraq will start accordingly, said Azizollah Ramezani.

Italy’s Fata inks $543 million Iran power deal

Italy’s Fata, the engineering unit of the country’s leading industrial group Finmeccanica, has signed a 500 million euro ($543 million) contract with Ghadir Investment Company to build a power plant in Iran.

President Rouhani, Foreign Ministry offer felicitations on Reporter’s Day

National Reporter’s Day on August 8 marks the martyrdom of IRNA correspondent in Afghanistan Mahmoud Saremi 17 years ago in the northern Afghan city of Mazar-i-Sharif.

Iran to unveil new oil contracts in London

New contracts with foreign companies will be signed in the Integrated Petroleum Contract framework which will be more attractive, said Zanganeh.

Iran to complete all South Pars Oil Field projects in 3 years: Minister

We are able to increase oil production by 500,000 barrels per day anytime we decide to do so, said the Iranian oil minister.

Executives of Italy’s oil giant in Tehran on Tuesday

Now that the prospect for the removal of sanctions imposed on the Islamic Republic is bright, ENI is willing to return to Iran, said Ali Akbar Farazi.

Pipeline taking Iran’s gas to Iraq ready in 20 days: Official

Testing a 100-km stretch of the pipeline has come to an end and the pipeline will be ready to transfer Iran's natural gas to its western neighbor in 20 days, said Alireza Gharibi.

Iran ready for energy cooperation with Armenia: Veep

In a phone conversation with the Armenian prime minister, Jahangiri stressed the necessity for expansion of Iran-Armenia relations.

Iran says piping gas to EU not economical

Exporting gas to nearby countries is much more cost-effective than taking it to Europe through a pipeline several thousand kilometers in length, said Alireza Kameli.

Shell, Eni say look to return to Iran

Shell is interested in returning to Iran in the fullness of time but did not expect any quick, easy deals.

Iranian oil minister, France’s Fabius confer on cooperation on energy

Iran's oil chief has said that his ministry is planning to open a new chapter in cooperation with the French energy giant, Total, for the development of Iranian oil fields.

Iran oil to hit 4.7 million bpd ‘soon’

Iran has the biggest hydrocarbon reserves in the world and deems itself responsible for the world’s energy security, said Zanganeh.

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