Iran News

Deputy Head of NIGC Appointed

TEHRAN (Shana) — Hamid Reza Araghi, the CEO of the National Iranian Gas Company (NIGC), appointed Hassan Montazer Torbati as his first deputy. According to the company, Mr. Araghi on Wednesday issued a decree based on which Mr. Torbati was granted the post as NIGC first deputy CEO and vice-chairman of its board of directors. Mr. Araghi will retire from ...

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Masoud Karbasian Joins NIOC Board of Directors

TEHRAN (Shana) — Iranian Minister of Petroleum Bijan Zangeneh issued a decree on Sunday appointing Masoud Karbasian as a member of the board of directors at the National Iranian Oil Company (NIOC) for four years. “In accordance with the powers delegated to me by the General Assembly of the National Iranian Oil Company,… and given your commitment, expertise and record ...

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Rising Oil Prices Seriously Affect World Economy: Iran’s Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh underlined oil market’s concerns about the inability of Saudi Arabia and Russia to offset shortages caused by eliminating Iran from the market in the wake of US sanctions on Tehran on November 4, saying, “Rising oil prices heavily impact the global economy.” Bijan Zangeneh, speaking ahead of impending US sanctions on ...

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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 ...

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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 ...

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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 ...

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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, ...

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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 ...

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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. ...

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