Petchem complexes urged to supply industries with anti-corona materials

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has urged the petrochemical complexes to supply the downstream industries with the necessary raw materials for manufacturing products used in containing coronavirus, Shana reported.

Oil Ministry to submit long-term energy plans to Majlis

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday that his ministry is going to present four outlook documents to the parliament’s Energy Committee to be used as the roadmap for the development of the country’s energy industry, IRIB reported.

Rouhani inaugurates energy projects worth over $2b in 3 provinces

TEHRAN- Iranian President Hassan Rouhani inaugurated three energy projects worth $2.14 billion in three provinces via video conference on Thursday, Shana reported.

Long-term market balance depends on global economy recovery: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Saturday that the long term increase of demand in the oil market depends on the recovery of the entire global economy, Shana reported.

Funeral held for Iran’s OPEC governor

TEHRAN – Iranian oil and foreign affairs ministers attended the funeral procession for Iran’s OPEC Governor Hossein Kazempour Ardebili which was held on Sunday in Tehran, Shana reported.

Barkindo sends letter of condolences to Zanganeh on death of OPEC governor

TEHRAN- Mohammad Sanusi Barkindo, the secretary-general of the Organization of the Petroleum Exporting Countries (OPEC), sent an official letter of condolences to the Iranian Oil Minister Bijan Namdar Zanganeh to express his sorrow for the death of Hossein Kazempour Ardebili, Iran’s OPEC governor.

Zanganeh offers condolences on passing of Iran’s OPEC governor

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh has offered condolences on the passing of the country’s Governor to the Organization of Petroleum Exporting Countries (OPEC) Hossein Kazempour Ardebili, Shana reported.

Iran's oil production not halted by coronavirus outbreak: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh says the coronavirus outbreak has not halted oil production in the country, Shana reported.

Government’s role in oil products distribution should be reduced: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh has ordered the review of measures for reducing the government's authority in storage, transportation, and distribution of gasoline and gas oil used by the transportation sector, Shana reported on Tuesday.

South Pars 17 under-development phases to be completed by Mar. 2021

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said all the offshore and onshore operations in 17 phases of the South Pars gas field will be completed by the end of the current Iranian calendar year (March 20, 2021).

OPEC, allies reach primary agreement to balance oil market

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Friday that the Organization of the Petroleum Exporting Countries (OPEC) and its allies have reached an agreement for cutting their oil output by at least 10 million barrels per day (bpd) in the upcoming months of May and June, Shana reported.

‘OPEC, non-OPEC agreement reachable before April’

TEHRAN- Iranian Minister of Petroleum Bijan Namdar Zanganeh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March., Shana reported.

Iran’s gas output to hit record high by mid-March: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that the country’s daily gas production is going to reach one billion cubic meters (mcm) by the end of the current Iranian calendar year (March 19) when all the South Pars phases go operational.

Promoting domestic production a ‘must' in the sanctions era: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh says promoting the country’s domestic production in various areas is a key to Iran’s economic development during the sanctions, Shana reported.

Over $30b needed for completing semi-finished petchem projects: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said more than $30 billion is required to complete unfinished petrochemical projects across the country, IRNA reported.

Iran’s biggest APG processing plant to go on stream soon

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said the country’s biggest plant for collecting and processing of Associated Petroleum Gas (APG) is going to be launched early next calendar year which begins on March 20.

OPEC should take action to calm the stressed market: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that OPEC nations should try to balance the oil market which has tumbled as the worries over the impacts of the coronavirus continue to grow.

Petropars becomes sole developer of South Pars phase 11

TEHRAN – National Iranian Oil Company (NIOC) has put the domestic Petropars in charge of the development of phase 11 of the giant South Pars gas field (in the Persian Gulf), following the withdrawal of Total and CNPC, IRNA reported.

Modification of refineries requires $10b: Zanganeh

TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh said modification and improvement of the country’s refineries needs $10 billion of investment, IRNA reported.

Petchem industry at forefront of Iran’s non-oil exports

TEHRAN – President Hassan Rouhani stressed the significant role of Iran’s petrochemical industry in the country’s economy in the face of U.S. sanctions, saying that it is at the forefront of the country’s non-oil exports, IRNA reported.

Impeachment motion against oil minister withdrawn: lawmaker

TEHRAN (Press TV) — The Iranian parliament has withdrawn a motion to impeach Oil Minister Bijan Namdar Zanganeh a month after he was accused of ignoring the will of the lawmakers before announcing a controversial fuel price hike.

177th OPEC meeting concluded with good outcomes: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh expressed satisfaction with the outcomes of the 177th Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ meetings which were held during December 5-6, Mehr News Agency reported.

Oil ministry announces new terms for offerings at IRENEX

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh on Monday released a statement in which new regulations and procedures for offering oil and gas condensate at Iran Energy Exchange (IRENEX) were listed, Shana reported.

BY: Ebrahim Fallahi

Details of Iran’s newly discovered oil reservoir unveiled

TEHRAN –Iranian Oil Minister Bijan Namdar Zanganeh briefed the press on the details of the newly discovered 53-billion oil reservoir in an unveiling ceremony in Tehran on Monday.

Efforts for halting Iranian oil industry’s development failed: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. efforts for stopping development of the country’s oil industry has failed, Tasnim news agency reported.

SP phase 14 to go on stream next Iranian year: Zanganeh

TEHRAN - Phase 14 of South Pars gas field (in the Persian Gulf) is going to come on stream in the upcoming Iranian calendar year of 1399 (starts on March 20, 2020), Shana reported, quoting Iranian Oil Minister Bijan Namdar Zanganeh as saying on Monday.

Iran to establish LNG park to develop energy sector: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said his ministry is planning to gather mini-LNG complexes with a total capacity of three million tons in an LNG park, Tasnim news agency reported on Monday.

Iran to take all necessary measures to keep oil exports afloat: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Sunday that Iran will use any possible way to export its oil, stressing that exporting crude was the country’s legitimate right.

Zanganeh calls on regional countries to view Iran as their friend

TEHRAN – Oil Minister Bijan Zanganeh has said the enemy of Persian Gulf countries is not one of the region’s countries but it comes from outside the region, pointing to the United States.

Iran urges unity, co-op among GECF members

TEHRAN - Iran’s Oil Minister Bijan Namdar Zanganeh on Thursday called for more unity and closer cooperation among the members of the Gas Exporting Countries Forum (GECF), Shana reported.