News

South Pars Phase 13, 22-24 Refinery Operational

THEHRAN (Shana) — The onshore refining facility of South Pars Phases 13 and 22-24 is ready to process natural gas. The director general of Pars Oil and Gas Company said the facility was ready to receive natural gas for processing. Mohammad Meshkinfam said the production chain of the refinery including two sweetening trains was complete. The offshore platforms of phases ...

Read More »

US Blocking Export of Iranian Gas to Pakistan: Speaker

TEHRAN (Shana) — Speaker of the Iranian Parliament Ali Larijani said: “It is said that the United States is blocking completion of the Pakistani section of the IP (Iran-Pakistan) gas pipeline and does not want Iranian gas to be exported to Pakistan.” According to ICANA, the parliament’s official website, Larijani made the remarks in a Tuesday meeting with Deputy Chairman ...

Read More »

South Pars Phase 13, 22-24 Refinery Operational

THEHRAN (Shana) — The onshore refining facility of South Pars Phases 13 and 22-24 is ready to process natural gas. The director general of Pars Oil and Gas Company said the facility was ready to receive natural gas for processing. Mohammad Meshkinfam said the production chain of the refinery including two sweetening trains was complete. The offshore platforms of phases 13, 14 ...

Read More »

Petchem Plant Commercializes 13 Olefin Grades

TEHRAN (Shana) — Iran’s Jam Petrochemical Plant has started commercial production of 13 strategic olefin and polyethylene grades. The plant has successfully demonopolized five propylene and polyethylene grades whose production was previously monopolized by two countries: the United States and Italy, National Petrochemical Company (NPC) reported.Accordingly, the company has become the third company in the world to produce MD-35504, MD-3510, ...

Read More »

NIOECC to Become Profitable Firm

TEHRAN (Shana) – Iran is planning to facilitate implementation of major refining projects by making National Iranian Oil Engineering and Construction Company a profitable entity. Addressing a ceremony to welcome Hamid Reza Karimi Jafari, the newly appointed CEO of the NIOECC, Alireza Sadiqabadi, the CEO of the National Iranian Oil Products Refinery and Distribution Company (NIORDC), said that profitability was ...

Read More »

PRTC Planning to Build Petchem Catalyst Plants

TEHRAN (Shana) — The CEO of the Petrochemical Research and Technology Company (PRTC) announced the company had plans to start construction of a plant for production of 5 catalysts widely consumed in the petrochemical industry. Ali Pajouhan said, “In the field of catalysts, we have defined a catalyst production document which we are pursuing,” the National Petrochemical Company (NPC) reported. ...

Read More »

Oil Market Never Buys Saudi Brags: Iran

TEHRAN (Shana) — Iran says it has no plans to cut its crude oil production amid mounting pressure from Washington to stifle the country’s exports by imposing fresh round of oil sanctions. The National Iranian Oil Company (NIOC) CEO explicitly said his company, the sole producer of hydrocarbons in Iran, had no plans to reduce its output. Speaking on Sunday ...

Read More »

Completion of Pipeline Project ahead of Schedule Saves Iran Rls. 1,700b

TEHRAN (Shana) — The CEO of Gas Engineering and Development Company said completion of Sarbisheh-Nehbandan gas pipeline project ahead of schedule saved the country over Rls. 1,700 billion in the pipe purchase sector. Hassan Montazer Torbati told a Saturday ceremony to officially inaugurate the project in South Khorasan Province in eastern Iran that the project was planned to come on-stream ...

Read More »

“Suspend Sanctions:” Iran OPEC Boss says to Trump

TEHRAN (Shana) — Iran’s OPEC Governor said imposing sanctions on Iran’s oil industry was not practical, adding, “Mr. Trump is fuming at the failure of some countries to build surplus output capacity to offset oil shortages in the market by removing Iran’s oil.”Speaking to Shana, Hussein Kazempour Ardebily said: “This anger is expressed either by slandering the Saudi King, on ...

Read More »

Forouzan 18F Platform Topside Loaded

TEHRAN (Shana) — Load out operation of the topside of Platform 18F of Forouzan offshore oilfield is complete. According to the Iranian Offshore Oil Company (IOOC), with continuous efforts, the 940-ton structure was loaded on Thursday at the yard of the Iran International General Contractor Company (IGC) in Qeshm Island, southern Iran. The sea fastening operation of the topside for ...

Read More »