Demand for OPEC’s oil to increase

Monday, 18, October, 2010 - TEHRAN 16 October (Shana): ‘it is predicted oil demand from OPEC to increase by 200 thousand barrels a day in 2011’ Iran’s governor at OPEC, Mohammad Ali Khatibi announced here on Saturday.

AOGC Plans Increasing Oil Production to 550 Thousand B/D

Saturday, 18, December, 2010 - TEHRAN December 13 (Shana): The managing director of the Arvandan Oil and Gas Company (AOGC) Solbali Karimi says daily oil production capacity of the oilfields located west of Karoon River stands at 218 thousand barrels predicting the fields’ oil production capacity will rise to 550 thousand barrels a day by 10 billion dollars investment in next five years.

The Oldest ME Oilfield Resumes Production

Wednesday, 25, May, 2011 - TEHRAN May 22 (Shana): Oil production has been resumed from nine out of seventeen abandoned oil wells of Masjed Solyman oil field as the oldest oil field in Iran and the Middle East, Petroleum Engineering And Development Company (PEDEC) managing director Naji Sadouni said here on Sunday.

Iran to start drilling operation at Arash gas field

Wednesday, 8, December, 2010 - Iran will soon start drilling offshore wells at Arash gas field in the Persian Gulf, Iranian Offshore Oil Company’s managing director said here on Sunday

Iran plans to increase gas import from Turkmenistan

Saturday, 4, December, 2010 - TEHRAN December 4 (Shana): ‘Iran is in talk with Turkmenistan on increasing gas import,’ Ashgar Sohilipour who is in charge of Iran’s gas export said here on Friday.

Gas condensate exports hit $4.5 billion

Saturday, 18, December, 2010 - TEHRAN December 12 (Shana): More than 7.530 million tons of gas condensate worth 4.338 billion dollars have been exported from Pars Special Energy Economic Zone (PSEEZ) during the first eight months of the current Iranian calendar year since March 21 2010.

Iran’s Gasoline Production to Rise by 23 ml/d Next Year

Saturday, 18, December, 2010 - TEHRAN December 11 (Shana): The managing director of the National Iranian Oil Refining and Distribution Company (NIOPDC) says Iran’s gasoline production capacity will increase by 20 to 23 million liters per day next Iranian calendar year starting on March 21 2011.

Foreign investors eager to develop Iran’s heavy oil fields

Sunday, 19, December, 2010 - TEHRAN December 18 (Shana): ‘Foreign oil companies are interested in development of iran’s heavy and extra heavy oil fields including 35 billion barrel reserves Ferdowsi oil field,’ the official in charge of heavy and extra heavy oil fields development at the Petroleum Engineering and Development Company said here on Saturday.

Kish Gas Reservoir Holds 70 Trillion Cubic Feet of Gas

Sunday, 1, May, 2011 - TEHRAN April 30 (Shana): The managing director of the Petroleum Engineering And Development Company (PEDEC), Naji Sadouni says Kish gas field reservoir holds more than 70 trillion cubic feet of gas and it is thought the exact figure to be higher.

Two Oil Refineries Project Coming Online This Year

Saturday, 16, April, 2011 - TEHRAN April 13 (Shana): The managing director of the National Iranian Oil Engineering and Construction Company (NIECEC) Farhad Ahmadi says two boosting capacity and upgrading plans will come on stream this year one at Imam Khomeini oil refinery in Arak city and another one at Shahid Tondgoyan oil refinery in Tehran.

14 phases of SP gas field to come on stream on time

Sunday, 26, December, 2010 - ASSALUYEH December 25 (Shana): The managing director of the Pars Special Economic Energy Zone (PSEEZ), Mousa Souri, says 14 phases of the South Pars gas field will come on stream on schedule.