Iran's Oil, Gas & Petrochemical Current News

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Iran South Pars-Risk of gas pressure fall (Analysis) Iran South Pars-Risk of gas pressure fall (Analysis)
17 May, 2017
South Pars gas reservoir is a ‘Retrograde-Condensate Gas Reservoir’. Thus, if its pressure falls from hydrocarbon dew point (HCDP), the content condensates will start to condense out and cause gas production from the reservoir to drop ...
Iran, India starts fresh talks on ‘Farzad B’ Iran, India starts fresh talks on ‘Farzad B’
17 May, 2017
... At the meeting held today between Zangeneh and the Indian delegate, new ideas have been raised regarding ‘Farzad B’ development project, based on which it has been decided that the officials of OVL to visit ...
Drilling Iran South Pars phase 14 made 87% headway Drilling Iran South Pars phase 14 made 87% headway
17 May, 2017
... deputy managing director of National Iranian Drilling Co. (NIDC), revealed that the drilling operation of phase 14 of South Pars shared gas field has made 87% headway ...
Iran TCCIM unveils website for foreign investors Iran TCCIM unveils website for foreign investors
17 May, 2017
Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) unveiled an online system for investments, which has been designed specifically to provide foreigners with any information they may need for assessing investment prospects in Iran ...
Iran expects FATF clearance in June Iran expects FATF clearance in June
17 May, 2017
What Iran has done so far to conform to international standards concerning anti-money-laundering and combating terrorism financing initiatives will be sufficient for the Financial Action Task Force to permanently terminate all countermeasures against the country ...
Iran plans to produce 90 kbpd from Yaran oilfield Iran plans to produce 90 kbpd from Yaran oilfield
16 May, 2017
... managing director of Petroleum Engineering and Development Co. (PEDEC), stated that the early production stage (EPS) of South Yaran oilfield will start within the next two months ...
Iran PGPIC to offer shares of 3 petchms on Farabourse Iran PGPIC to offer shares of 3 petchms on Farabourse
16 May, 2017
Once circumstances allow, 5% of the shares of Bandar Imam (BIPC), BouAli (BSPC) and Nouri (Borzouyeh) petrochemical complexes will be offered at Farabourse ...
Iran sets new terms to assign ‘Farzad B’ gas field Iran sets new terms to assign ‘Farzad B’ gas field
16 May, 2017
In fresh conditions, Iran wants India to pay more than triple the gas price for award of the coveted Farzad-B natural gas block to ONGC Videsh ...
Iranian firms to build wide-body ships Iranian firms to build wide-body ships
16 May, 2017
Industrial Development and Renovation Organization of Iran (IDRO), Islamic Republic of Iran Shipping Lines (IRISL), and National Iranian Tanker Company ...
A glance at Iran’s Economic Indicators (Analysis) A glance at Iran’s Economic Indicators (Analysis)
15 May, 2017
The economic assessment of Iran by international ranking and benchmarking organizations shows Iran’s ranking to have been improved on Global Innovation Index (GII), Ease of Doing Business, Credit Risk Index, Index of Economic Freedom, Logistics Performance Index ...
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