Sunday, November 19, 2017   06:47:51
Most Visited
Iran continues gas exports to Iraq despite strong earthquake
  • Tuesday 11/14/2017 Iran continues gas exports to Iraq despite strong earthquake
    The spokesman for the National Iranian Gas Company (NIGC) said despite the 7.3-magnitude earthquake that hit the border region between Iran and Iraq, Iran continues exporting gas to the neighboring country...
    The spokesman for the National Iranian Gas Company (NIGC) said despite the 7.3-magnitude earthquake that hit the border region between Iran and Iraq, Iran continues exporting gas to the neighboring country.
    According to the report of the public relations of the NIGC, Majid Boujarzadeh added  despite the temblor that struck western Iran late Sunday, NIGC’s facilities in the region have remained intact and safe.
    He said that, therefore, gas exports to Iraq are continuing at a rate of 14 million cubic meters per day.
Nearly 2bcm of Gas injected to Storage Facilities in H1
  • Sunday 11/12/2017 Nearly 2bcm of Gas injected to Storage Facilities in H1
    Iran has stored nearly 2 billion cubic meters of natural gas in Shourijeh and Sarajeh gas facilities in the first half of the current Iranian calendar year which began on March 21, managing director of National Iranian Gas Transmission Company (NIGTC), Saeid Tavakoli said...
    Iran has stored nearly 2 billion cubic meters of natural gas in Shourijeh and Sarajeh gas facilities in the first half of the current Iranian calendar year which began on March 21, managing director of National Iranian Gas Transmission Company (NIGTC), Saeid Tavakoli said.
    The gas is being injected to the facilities for consumption during winter and enhancing production of the country’s oilfields, Iran’s SHANA news agency reported.
    In winter, NIGTC transfers 750 million cubic meters (MMcm/d) of gas per day across the country and withdraws 9 MMcm/d from Sarajeh during the cold snap.
    The Sarajeh facility can store up to one billion cubic meters of gas. This is while Shourijeh facility can store up to 2.5 bcm in it.
    Gas storage will continue until late November.
Gas exports to reach 40 bcm per year
  • Wednesday 11/1/2017 Gas exports to reach 40 bcm per year
    Iran’s natural gas exports will reach 40 billion cubic meters (bcm) per year by the end of the Sixth Five-Year Economic Development Plan, Iranian Minister of Petroleum Bijan Namdar Zangeneh said...
    Iran’s natural gas exports will reach 40 billion cubic meters (bcm) per year by the end of the Sixth Five-Year Economic Development Plan, Iranian Minister of Petroleum Bijan Namdar Zangeneh said.
    During the 7th ANGVA Biennial International conference and Exhibition (ANGVA 2017), Zangeneh added that Islamic Republic of Iran plans to raise natural gas production to 1 billion cubic meters per day by March 2019, Iran’s SHANA news agency reported.
    “We currently produce 850 million cubic meters (MMcm) of natural gas per day, but output is planned to hit 1 bcm/d one and a half years from now,” he said.
    Zangeneh said the event is a good opportunity which can prepare the ground for introduction of Iran’s achievements and capabilities in Compressed Natural Gas (CNG) industry and enhancing collaborations with internationally active companies in the field.
    “The conference can also pave the way for the cooperation of Iran’s organizations active in the field with their international opposite numbers,” the official said.
    Iran sit atop the world’s largest natural gas reserves with an estimated volume of 34 trillion cubic meters.
    “Now 90 percent of Iran’s population is connected to the gas network, which comprises 98 percent of urban households and 70 percent of rural households,” he stated.
    Iran currently enjoys 2,400 CNG stations and over 4.5 million CNG-run cars that consume 20 million cubic meters of the fuel on a daily basis.
    Iran holds the world’s second largest fleet of gas-run cars after China, Zangeneh said adding that over 16% of the world’s gas-run cars are in Iran.
Iran can Enjoy Bigger Stake in World Gas Market
  • Monday 10/30/2017 Iran can Enjoy Bigger Stake in World Gas Market
    Iran can have a bigger share in the global gas market given the size of its natural reserves, managing director of the National Iranian Oil Products Distribution Company (NIOPDC) said...
    Iran can have a bigger share in the global gas market given the size of its natural reserves, managing director of the National Iranian Oil Products Distribution Company (NIOPDC) said.
    Addressing a conference ahead of the 7th conference and exhibition of Asia Pacific Natural Gas Vehicles Association (ANGVA) in Tehran, Mansour Riyahi, said given the fact that Iran enjoys 18% of the world’s proven natural gas reserves, it has only 1.5% share in the natural gas market which must increase soon, Iran’s SHANA news agency reported.
    “We are optimistic that the ANGVA 2017 will pave the path for developing compressed natural gas (CNG) industry of Iran,” he said.
    Iran sits atop 46% of the gas reserves in the Middle East and 11% of the world’s oil reserves, he said.
    Riyahi described CNG industry as a strategic industry in Iran, adding the sector must develop for various political, economic, environmental and developmental reasons.
    Iran currently enjoys 2,400 CNG stations and over 4.5 million CNG-run cars that consume over 20 million cubic meters of the fuel on a daily basis.
Iran Signs first Gas to LNG Deal
  • Sunday 10/29/2017 Iran Signs first Gas to LNG Deal
    The first gas sales contract to produce LNG for exports has been signed between NIOC and IFLNB (under ownership of Kharg Island refinery and Norwegian company Hemla)...
    The first gas sales contract to produce LNG for exports has been signed between NIOC and IFLNB (under ownership of Kharg Island refinery and Norwegian company Hemla).
    The Caribbean Floating Liquefied Natural Gas (FLNG) project will be developed in partnership with the Belgian Exmar and the leasing of an FLSU by IFLNG from it as their exclusive representative, with a capacity to produce 500,000 tons of LNG per year, Iran’s SHANA news agency reported.
    The National Iranian Oil Company and IFLNG have taken the necessary steps to implement the 20-year contract for the sale of natural gas within three months.
    It is predicted that the Caribbean FLNG unit will be moored offshore in Pars service port from September 2018. The FLSU unit will be ready to receive 2.3 million cubic meters of natural gas from the 7th South Pars Gas Refinery.
Iran to host ANGVA 2017
  • Saturday 10/28/2017 Iran to host ANGVA 2017
    The Islamic Republic of Iran will host the 7th conference and exhibition of Asia Pacific Natural Gas Vehicles Association (ANGVA) which is slated to be held on October 31-November 2 in Tehran...
    The Islamic Republic of Iran will host the 7th conference and exhibition of Asia Pacific Natural Gas Vehicles Association (ANGVA) which is slated to be held on October 31-November 2 in Tehran.
    Representatives from 65 companies from 15 countries are scheduled to attend the event, NIGC’s gas distribution director, Saeed Momeni said, Iran’s SHANA news agency reported.
    He said developing compressed natural gas (CNG) industries in the world is the main target of holding the event, adding the International Energy Agency has predicted that CNG will take up to 28% of fuel mix in the world by 2035.
    Iran currently enjoys 2,400 CNG stations and over 4.5 million CNG-run cars that consume 20 million cubic meters of the fuel on a daily basis, he added.
    The Asia Pacific Natural Gas Vehicles Association (ANGVA) was established in 2002 and is a trade association for the natural gas vehicles industry in the Asia Pacific region. It serves the needs of fleet operators, vehicle manufacturers, OEMs, gas suppliers, equipment suppliers, refuelling equipment providers, consultants, government representatives, NGOs and others involved with the natural gas vehicle industry by promoting the use of natural gas as a transport fuel, by defining industry standards and guidelines and by providing training. 
South Pars development phases to be complete in 1.5 years
  • Sunday 10/22/2017 South Pars development phases to be complete in 1.5 years
    Development phases of Iran’s South Pars gas field will be completed within one and half years, managing director of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam said...
    Development phases of Iran’s South Pars gas field will be completed within one and half years, managing director of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam said.
    He added 85 percent of the phases are complete so far and implementation of the rest 15 percent will be finished by March 2019, Iran’s SHANA news agency reported.
    “Except for Phase 11, other phases of South Pars gas field will be in full swing in one and a half years,” Meshkinfam said.
    The official noted that the company has built 13 refineries, drilled 413 wells, laid 3,500 kilometers of subsea pipeline and constructed 40 platforms. According to Meshkinfam, upon full implementation, the field’s daily output will amount to 730 million cubic meters of natural gas, 1 million barrels of gas condensates, 10 million tons of LPG and 5,000 tons of sulfur.
Italian Energy Giant Signs Gas Deal with Iran Firms
  • Saturday 10/21/2017 Italian Energy Giant Signs Gas Deal with Iran Firms
    Italy’s Ansaldo Energia has signed a memorandum of understanding (MoU) with several subsidiaries of the National Iranian Oil Company (NIOC) for converting flare gas into electricity at the supergiant South Pars Gas Field...
    Italy’s Ansaldo Energia has signed a memorandum of understanding (MoU) with several subsidiaries of the National Iranian Oil Company (NIOC) for converting flare gas into electricity at the supergiant South Pars Gas Field.
    The Italian firm, which is a leading international player in the power generation industry signed the document on Wednesday with the National Iranian South Oil Company (NISOC), Pars Oil and Gas Company, Iranian Central Oil Fields Company (ICOFC) and Iran Fuel Conservation Company, Iran’s SHANA news agency reported.
    Based on the deal, the Italian firm will collect associated petroleum gas that is flared at Phase 12 into electrical power with the help of special turbines which have been manufactured for this purpose.
    The MoU calls for producing 600 megawatts of electricity in the first phase, which will be raised to the capacity of 1000 MW in the second phase of the project.
OPEC/non-OPEC deal helping balance global gas markets
  • Wednesday 10/18/2017 OPEC/non-OPEC deal helping balance global gas markets
    The efforts by OPEC and non-OPEC oil producers to curb crude output and stabilize global oil markets should also help restore balance in the natural gas market by around 2022, ...
    The efforts by OPEC and non-OPEC oil producers to curb crude output and stabilize global oil markets should also help restore balance in the natural gas market by around 2022, earlier than previously expected, Seyed Mohammad Hossein Adeli, secretary general of the Gas Exporting Countries Forum told.
    As gas prices largely remain linked to oil prices, rises in and stabilization of oil prices should be reflected in rising gas prices, Adeli said, Iran’s SHANA news agency reported.
    “If oil exporters and producers do their best to help stabilize the oil price, this will help the gas price as well,” he said.
    Gas markets around the world have suffered a sharp drop in investment in the past two years because of the overall economic situation, a decline in gas prices due to oversupply, and a shift to short-term and spot trading which has increased uncertainty for producers, Adeli said.
    But that situation should change around 2022, he added.
Iran Eyes Enhanced Oil Production thru $5b Investment Package
  • Wednesday 10/11/2017 Iran Eyes Enhanced Oil Production thru $5b Investment Package
    Iran is preparing a $5 billion investment package for enhancing the country’s oil output within the next two years, Iranian Minister of Petroleum Bijan Namdar Zanganeh said...
    Iran is preparing a $5 billion investment package for enhancing the country’s oil output within the next two years, Iranian Minister of Petroleum Bijan Namdar Zangeneh said.
    Addressing the 3rd Iranian Petroleum and Energy Club Congress and Exhibition in Tehran on Tuesday, Zanganeh said the fund will be allocated to repair operations in the existing oil wells and also drilling new wells.
    The minister said that the mentioned fund is planned to be secured from Iranian companies, each can also have a foreign partner, Iran’s SHANA news agency reported.
    The official further mentioned the country’s new model of oil contracts (known as IPC) saying, “The progress of negotiations with foreign companies for developing oil fields based on IPC is good and acceptable”.
    According to Zanganeh, the Oil Ministry’s policy is to choose contractors for all the country’s joint fields within four years to accelerate the development progress.
    Zanganeh also mentioned reducing flare gas in the fields and said, eliminating routine flaring should be commenced within four years.
Gas Best Choice for Reducing Environmental Pollution
  • Wednesday 10/11/2017 Gas Best Choice for Reducing Environmental Pollution
    The secretary general of the Gas Exporting Countries Forum (GECF) said natural gas is the best option for realization of the world’s environment protection goals...
    The secretary general of the Gas Exporting Countries Forum (GECF) said natural gas is the best option for realization of the world’s environment protection goals.
    Addressing the 3rd Iranian Petroleum and Energy Club Congress and Exhibition in Tehran on Tuesday, Mohammad Hossein Adeli said given competitiveness and ease of access to natural gas in comparison with other energy carriers, it is the best option for realizing environmental targets of the Paris Climate Accord, Iran’s SHANA news agency reported.
    He said the global demand for natural gas is growing and its consumption is projected to increase by 2.1% to 3.2% in 2018.
    “Supply of natural gas is also increasing through pipelines and liquid natural gas (LNG),” he added.
    He said by 2040, the share of gas and renewables in world energy mix will increase while that of oil and coal will decrease.
    The Paris Agreement (French: Accord de Paris), Paris climate accord or Paris climate agreement, is an agreement within the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gas emissions mitigation, adaptation and finance starting in the year 2020.
Armenia wants more gas from Iran
  • Wednesday 10/11/2017 Armenia wants more gas from Iran
    Iranian First Vice-President Eshaq Jahangiri said Yerevan has signaled keenness to buy more gas from Iran, adding the two countries have started talks on increasing Iran’s gas exports to Armenia...
    Iranian First Vice-President Eshaq Jahangiri said Yerevan has signaled keenness to buy more gas from Iran, adding the two countries have started talks on increasing Iran’s gas exports to Armenia.
    The two neighboring countries, Iran and Armenia, have long and old relations with cultural commonalities and joint civilizations, and these relations are stable and sustainable, Jahangiri said at a joint press conference with Armenian Prime Minister Karen Karapetyan on Monday, Iran’s SHANA news agency reported.
    He said the Islamic Republic of Iran has good relations with its neighbors, adding that there are no limitations for political, economic and cultural cooperation with Armenia.
    He reminded that the visit of Armenian Prime Minister to Tehran at the current time can help develop relations and promote cooperation between the two countries in economic affairs.
    Addressing the objectives of their meeting, Jahangiri said the two sides emphasized the need for removing obstacles on economic relations.
    Jahangiri also said various fields of gas, electricity, agriculture, converting industries, technical and engineering services, as well as transportation, can be among the areas of cooperation between the two countries.
Iran Welcomes Turkish Investors in Gas Sector: Rouhani
  • Saturday 10/7/2017 Iran Welcomes Turkish Investors in Gas Sector: Rouhani
    Iranian President Hassan Rouhani said Turkey can buy more gas from Iran, adding Tehran welcomes Turkish investors in its gas sector...
    Iranian President Hassan Rouhani said Turkey can buy more gas from Iran, adding Tehran welcomes Turkish investors in its gas sector.
    Speaking at a joint press conference with Turkish President Recep Tayyip Erdoğan on Wednesday in Tehran, Dr Hassan Rouhani said that important decisions were made by both countries during private meeting and also in joint meeting on strategic cooperation, Iran’s SHANA news agency reported.
     “Regarding relations between the two countries in the field of investment, the Islamic Republic of Iran announced that it would provide the required facilities for Turkish investors in tourism, petrochemicals, infrastructure and transportation sectors in Iran”.
    "Regarding oil and gas relations, it was decided that the Turkish side purchase more gas from Iran," he added, voicing Iran's readiness to welcome Turkish investors in gas projects.
29th GECF Executive Board Meeting
  • Wednesday 10/4/2017 29th GECF Executive Board Meeting
    The Secretary General of the GECF, HE S.M. Hossein Adeli hosted the 29th meeting of the Executive Board on 3rd of October 2017 in Moscow, Russia...
    The Secretary General of the GECF, HE S.M. Hossein Adeli hosted the 29th meeting of the Executive Board on 3rd of October 2017 in Moscow, Russia.
    This 29th Executive Board meeting was conducted by the Alternate Chairman of the Executive Board HE Roman Marshavin, Member from Russia, Iran’s SHANA news agency reported.
    During the meeting, the Executive Board discussed policy and administrative issues relevant to the development of the Forum.
    The Executive Board meeting was attended by the Executive Board members and representatives from GECF Member countries.
Bid Boland 6-Month Gas Processing up 15 percent Y/Y
  • Tuesday 10/3/2017 Bid Boland 6-Month Gas Processing up 15 percent Y/Y
    Bid Boland Gas Refining Company processed over 3 billion cubic meters of natural gas during the first six months of the current Iranian calendar year which started on March 20...
    Bid Boland Gas Refining Company processed over 3 billion cubic meters of natural gas during the first six months of the current Iranian calendar year which started on March 20.
    Ali Mohammad Pourreza, managing director of Bid Boland Gas Refining Company, said the figure show a 15 percent increase over the corresponding period last year, Iran’s SHANA news agency reported.
    The facility is fed by the gas recovered from the supergiant South Pars and Aghajari and Aghar gas fields.
19th Ministerial Meeting of the Gas Exporting Countries Forum
  • Tuesday 10/3/2017 19th Ministerial Meeting of the Gas Exporting Countries Forum
    The 19th Ministerial Meeting of the GECF will convene in Moscow, Russia on the 4th of October 2017. But the meeting is distinct from the event’s previous editions in the past 4 years for Iran because the Forum’s Iranian secretary general is stepping down from his post in the meeting...
    The 19th Ministerial Meeting of the GECF will convene in Moscow, Russia on the 4th of October 2017. But the meeting is distinct from the event’s previous editions in the past 4 years for Iran because the Forum’s Iranian secretary general is stepping down from his post in the meeting.
    The energy ministers of members of the forum who account for 44% of the world’s natural gas output, 67% of gas reserves, 64% of gas delivered through pipeline and 66% of LNG trade in the world, will meet in Moscow on October 4 for the 19th time, Iran’s SHANA news agency reported.
    During the upcoming meeting, the members will elect a new secretary general for the body. So far, Russia and Libya have introduced their candidates for the post. The new secretary general will officially start his work in January 2018.
    During 4 years in his post as GECF Secretary General, Mohammad Hossein Adeli, displayed a valuable performance by providing the complete global gas econometric model, joining the Joint Organizations Data Initiative (JODI), increasing the number of GECF members, forming a new organ in GECF called the Technical and Economic Council (TEC), holding monthly seminars at GECF headquarters, performing structural changes to the GECF secretariat, etc.
    Establishing institutionalized relations with leading energy bodies of the world including the International Energy Agency (IEA), the International Energy Forum (IEF), the International Gas Union (IGU), the Organization of the Petroleum Exporting Countries (OPEC), EARIA, and OLADE is among other achievements of Mr. Adeli during his 4-year tenure.
    Furthermore, Mr. Adeli pursued formation of a data and statistics council and the data and statistics administration and data center at GECF headquarters. He also added the environment unit to the GECF organizational structure.
    Adeli also set out the long-term GECF strategy which was endorsed by the members at the body’s 17th meeting in Tehran.
    The Gas Exporting Countries Forum (GECF) is an international governmental organization which provides the framework for exchanging experience and information among Member Countries. GECF is a gathering of the world’s leading gas producers and was set up as international governmental organization with the objective to increase the level of coordination and strengthen the collaboration among Member countries.
    GECF also seeks to build a mechanism for a more meaningful dialogue between gas producers and gas consumers for the sake of stability and security of supply and demand in global natural gas markets.
    In accordance with the GECF Statute, the organization is aiming to support the sovereign rights of its Members over their natural gas resources and their abilities to develop, preserve and use such resources for the benefit of their peoples, through the exchange of experience, views, information and coordination in gas-related matters.
Iran named world’s third largest gas producer
  • Tuesday 9/26/2017 Iran named world’s third largest gas producer
    International Energy Agency (IEA), in its latest report on the status of the global energy market, said that Iran was the world’s third largest producer of natural gas in 2016...
    International Energy Agency (IEA), in its latest report on the status of the global energy market, said that Iran was the world’s third largest producer of natural gas in 2016.
    The IEA in its report said Iran produced 190 billion cubic meters (bcm) of gas last year which it said was 5.3 percent of world total, IRNA reported.
    The agency further said the US and Russia were the leading gas producers over the same period adding that their outputs stood at 749 bcm (20.7 percent) and 644 bcm (17.7 percent), respectively.
    In subsequent positions were Canada with 174 bcm and Qatar with 165 bcm accounting for 4.8 percent and 4.6 percent respectively of the total global output.
Iran Ready to Complete Iran-Pakistan Gas Pipeline
  • Sunday 9/24/2017 Iran Ready to Complete Iran-Pakistan Gas Pipeline
    Iranian President Hassan Rouhani voiced Iran’s readiness to complete the gas pipeline project that is intended to deliver Iran’s gas to neighboring Pakistan...
    Iranian President Hassan Rouhani voiced Iran’s readiness to complete the gas pipeline project that is intended to deliver Iran’s gas to neighboring Pakistan.
    “Iran is ready to complete the gas pipeline expressing hope that the obligations of both sides be fulfilled, which will be in the interest of both countries,” Rouhani said in a meeting with Pakistan’s Prime Minister Shahid Khaqan Abbasi, held on the sidelines of the UN General Assembly in New York on Tuesday evening, Iran’s SHANA news agency reported.
    “We are ready to supply energy to Pakistan, and also welcome investors in this sphere,” Rouhani added.
    Iran has almost completed the construction of its section of the pipeline near the Pakistani border.
    Ambassador of Iran to Pakistan also says that Iran-Pakistan gas pipeline can play a vital role in fulfilling the China-Pakistan Economic Corridor (CPEC’s) energy requirements.
    Mehdi Honardoost, speaking at the Institute of Policy Studies (IPS) in Islamabad, said Iran, having one of the largest gas reserves in the world, could become an indispensable asset for the CPEC.
Iran’s Five-Month Gas Exports Reach 5 bcm
  • Monday 9/11/2017 Iran’s Five-Month Gas Exports Reach 5 bcm
    Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced...
    Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.
    According to the report of the public relations of the NIGC, Mehdi Jamshidi Dana said exports rose by 64% during the period from the same period last year which stood at only 3.2 bcm.
    “The country’s natural gas exports averaged 34.8 million cubic meters per day in the five-month period compared to 21.3 MMcm/d in the corresponding period of a year ago,” he added.
    Jamshidi Dana further added that gas delivery to power plants has also increased by 5% from 204 MMcm/d last year to 214 MMcm/d this year during the first five months of the current Iranian calendar year.
5-Month South Pars Condensate Export up 18 percent Y/Y
  • Tuesday 9/5/2017 5-Month South Pars Condensate Export up 18 percent Y/Y
    Export of the gas condensate produced at the supergiant South Pars Gas Field rose by 18 percent in the first five months of the current Iranian calendar year which began on March 21 from the same period last year...
    Export of the gas condensate produced at the supergiant South Pars Gas Field rose by 18% in the first five months of the current Iranian calendar year which began on March 21 from the same period last year.
    Managing Director of South Pars Gas Complex (SPGC) Masoud Hassani said the company exported over 91 million barrels of the item during the five months, Iran’s SHANA news agency reported.
    He said the field’s condensate output rose by 13% year-on-year during the period and stood at 86.67 mb.
    Hassani said production of all the items supplied by SPGC, where South Pars refineries and land facilities are located, rose during the mentioned period.
    Production of sweet gas stood at 54.99 MMcm which is 16% higher than the same period last year.
    Moreover, ethane output rose by 28% and grew from 886.3 thousand tons to 1.132m tons after the period.
    Propane production, he added, rose to 590,000 tons and butane production grew to 350,000 tons.
    Sulfur output also saw a rise and crossed 219.328 thousand tons.
    South Pars is the world's biggest gas field that is shared by Iran and Qatar in Persian Gulf waters.
1 2 3 4 5 6 7 8 9 10 ...
Home | Back |


Powered By : Sigma ITID