Bijan Zanganeh will step down after his second eight-year term as the nation’s oil minister
hassan rouhani
Posted inDRILLING & PRODUCTION
Iran ready to ‘rapidly’ ramp up production capacity and boost exports
Iran’s president said that the country was ready to “reach full export capacity”
Posted inDRILLING & PRODUCTION
Iran plans 1bcm gas output: Rouhani
He says that measures have already been taken to bring up natural gas production by March
Posted inProducts & Services
Iran could become a petrol importer by 2021: Rouhani
Citizens now have a 60 liter per month quota of petroleum at recently increased prices of Rls. 15,000/l, and will be charged Rls 30,000/l if they exceed their quota
Posted inDRILLING & PRODUCTION
Iran attack on Saudi Arabia “act of war”, but Saudi crown prince prefers peaceful solution
Crown Prince Mohammad Bin Salman said “only a fool would attack 5% of global supplies,” and urged Iran and the US to come to the table and draft a new deal
Posted inDRILLING & PRODUCTION
After $11bn investment, Iran’s South Pars gas output to hit 26.4bn cubic feet per day by late 2019
The oil ministry’s news agency Shana said that “for the first time, Iran’s gas recovery from South Pars joint gas field exceeds that of Qatar”