Exempting Iran from OPEC Production Cut, Natural: Zangeneh

VIENNA (Shana) – It would be natural for Iran, which is faced with US sanctions, to be excluded from any OPEC decision to cut the group’s oil output, Iranian Minister of Petroleum Bijan Zangeneh said.

Iran Must be Excluded from Production Decisions: Min.

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country must be excluded from any decisions by OPEC members regarding production cuts.

Iran Backs OPEC in Market: Min.

VIENNA (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country would support OPEC stance in the market but would not participate in any OPEC deals so long as Tehran is subject to sanctions.

Iran Installs 1st South Pars 13 Topside

Iran has installed the first offshore topside of Platform 13B of phase 13 of the supergiant South Pars gas field in the Persian Gulf.

Kermanshah Petchem Plant to Raise Output

Iran’s Kermanshah Polymer Company (KPC) is to increase its polyethylene production capacity by 12 percent.

$Zangeneh: Reasons for Qatar\'s Departure from OPEC must be Explored$

Zangeneh: Reasons for Qatar's Departure from OPEC must be Explored

Iranian Minister of Petroleum Bijan Zangeneh said it was necessary to review reasons for Qatar's withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), saying, "OPEC has major problems caused by certain oil producers, excluding Qatar."

US Unable to Call a Halt to Iran Oil Exports: Rouhani

Iranian President Hassan Rouhani said Iran was selling its oil and would continue to do so, adding the US was unable to call a halt to Iran’s oil exports.

NIDC Drills 100 Wells since March 21

National Iranian Drilling Company (NIDC) has drilled 100 oil and gas wells over the course of the past 8 months.

OPEC Members with Increased Output Should Cut Production: Iran

Iran’s OPEC governor said that OPEC was seeking to strike a balance in supply and demand and help all member states make “acceptable income”.

Iran eyes transport of 10m tons of goods upon completion of new railroad

Once completed, Qazvin-Rasht-Anzali railroad — connecting central Iran to the north of the country — will have the capacity to transit 10 million tons of goods and transport four million passengers per annum.

Iran Projects beyond 1mbd Oil Exports in Next Year Budget

TEHRAN (Shana) -- The spokesman for the parliamentary leadership, Behrouz Nemati, said Iran's crude exports were projected to be more than a million barrels per day next calendar year in the national budget bill.

Iran eyes 15 ml Euro-4 Gasoil Output in Bandar Abbas

Plans are under way to fully operate the nitrogen production unit, gas turbine project and 17 product storage tanks at Bandar Abbas Refinery, Hormuzgan Province, southern Iran to supply 15 million liters per day of Euro-4 gasoil.

IP completion to end energy crisis in Pakistan: Pak minister

Pakistan’s Minister for Petroleum Ghulam Sarwar Khan says that Iran-Pakistan (IP) is a very significant energy project and its completion would end energy crisis in Pakistan.

Putin ratifies interim agreement on EAEU-Iran FTZ

Russian President Vladimir Putin signed a law ratifying a agreement on formation of a free trade zone (FTZ) between Iran and the Eurasian Economic Union (EAEU).

NIDC drilled 126,000 meters of oil/gas wells in eight months

Tehran, Nov 28, IRNA - The National Iranian Drilling Company (NIDC) drilled over 126,000 meters of oil and gas wells over eight months from March 21-November 21.

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