Oil Minister: Election removes obstacles for new contracts
Iran’s 12th Presidential election removed an important part of obstacles in the way of new oil contracts’ implementation, said Bijan Zangeneh, Minister of Petroleum on Wednesday. Bijan Zangeneh, on the sidelines of agreement ceremony for manufacturing CRA (corrosion resistant alloys) pipes, told reporters that the main topic of the OPEC…
Oil giants to come back to Iran
President of Middle-East & North-Africa Total Exploration & Production, Stephane Michel, said on Saturday that oil giants are in competition to come back to Iranian market. The Persian daily, Iran, quotes Michel as saying that in the wake of lifting the sanctions and implementation of the Joint Plan of Action…
‘No change in crude production increase’
A senior oil official said Iran does not intend changes in its plans to increase oil exports in post-sanctions era. Talking to IRNA on Saturday, Director General of Oil Ministry for OPEC and Oil Forums Mehdi Asali said Iran intends to increase crude production and exports by 500,000 barrels per…
OPEC output falls in December
The latest Platts survey of OPEC and oil industry officials and analysts show that oil production from the Organization of the Petroleum Exporting Countries and certain OPEC members fell in December, while Iran’s output was on the rise. Platts survey said oil production from the Organization of the Petroleum Exporting…
Some regional countries disturb int’l oil market notoriously
Deputy Petroleum Minister for International and Commercial Affairs said on Sunday current problems in oil market are due to notorious acts of some regional countries, which is their reaction to Iran’s regional and international successes. Speaking on Iran’s production quota in post-sanctions era, Amir-Hossein Zamani said that relying on proper…
Iran ready to produce oil as scheduled in post-JCPOA era
Deputy Production Manager of National South Oil Fields Company (NSOFC) said on Friday thanks to proper planning, Iran is ready to boost production right after implementation of Joint Comprehensive Plan of Action (JCPOA). ‘Records registration was conducted successfully in the NSOFC and the increased production according to the schedule was…
