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.

Global energy market should be depoliticized: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the global energy sector should be depoliticized and politically-motivated interferences should be substituted by economic logic, multilateralism, partnership and cooperation, Shana reported.

Iran ready to reconstruct Syria’s oil, petchem industries: Zanganeh

TEHRAN- During his meeting with Syrian Minister of Petroleum and Mineral Resource Ali Suleiman Ghanem on Tuesday, Iranian Oil Minister Bijan Namdar Zanganeh expressed his country’s readiness to contribute to reconstruction of oil and petrochemical industries in Syria, IRIB reported.

Oil not to be used as a weapon to achieve political goals: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said oil should not be used as a weapon for achieving political agendas, IRIB reported.

Iran’s petchem output to exceed 100mt by 2021: Zanganeh

TEHRAN – Iran's annual petrochemical output is expected to reach more than 100 million tons by 2021, despite U.S. sanctions, Press TV reported on Thursday, quoting Iranian Oil Minister Bijan Namdar Zanganeh as saying.

Oil output could easily be restored to pre-sanction levels: Zanganeh

TEHRAN - Iran’s Oil Minister Bijan Namdar Zanganeh has denied the idea of U.S. sanctions’ long-term impact on the country’s oil production and exports capacity, saying output could be back to normal very quickly once the sanctions are removed.

Iranian oil irreplaceable, Zanganeh says

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said no country can replace Iranian oil in the global market, Mehr news agency reported on Sunday.

Zanganeh to Falih: Iran no threat to global energy security

TEHRAN - Iran's Oil Minister Bijan Namdar Zanganeh said on Sunday that Iran is not only no threat to the world's energy security but also the biggest guarantor of stability and energy security in the region, Shana reported.

Iran gives conditional green light to rescheduling OPEC meeting

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has agreed with rescheduling the upcoming OPEC meeting only if it is set to be on July 10-12, opposing the offer to postpone the meeting to July 3-4.

MPs call for impeachment of oil minister

TEHRAN – A number of lawmakers have initiated a motion to impeach Oil Minister Bijan Namdar Zanganeh for mismanagement and harming the country.

Saudi, UAE overstate their oil capacities: Iran’s oil minister

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Friday that Saudi Arabia and the United Arab Emirates overstate their oil capacities, IRNA reported.

Zanganeh: U.S. unable to reduce Iran’s oil exports to zero 

TEHRAN - The United States will not be able to reduce Iran’s oil exports to zero, Oil Minister Bijan Zanganeh said in a parliamentary session on Tuesday, the Islamic Republic News Agency (IRNA) reported.

Oil market fragile due to U.S. sanctions: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. sanctions on Iran and Venezuela and the growing conflicts in Libya are disturbing the supply-demand balance in the market, making it fragile.

Iranian, Iraqi ministers confer about energy, economy co-op

During the two-day stay of an Iraqi high-ranking delegation in Iran, the Iraqi ministers met their Iranian counterparts to discuss different areas of cooperation between the two neighbors.

Mohammadzadeh appointed deputy oil minister for research, technology

TEHRAN- Saeed Mohammadzadeh was appointed as the deputy oil minister for engineering, research and technology affairs, Shana reported.

Oil minister to leave Tehran for Moscow on Monday

TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh will leave Tehran for Moscow on Monday, Shana reported.

South Pars phases 13, 22-24 inaugurated

TEHRAN - Phases 13, 22, 23 and 24 of developing Iran’s South Pars gas field were officially inaugurated by President Hassan Rouhani on Sunday, Shana reported.

U.S. to blame for tensions in oil market: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has blamed U.S. for the tensions created in the oil market, Shana reported on Saturday.

IRENEX to hold next round of offering crude oil on March 11

TEHRAN- The next (seventh) round of offering crude oil will be held at Iran Energy Exchange (IRENEX) on March 11, IRNA reported.

Zanganeh leaves for Beijing to discuss deal on South Pars phase 11

TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh, accompanied by Parliament speaker Ali Larijani, left Tehran for the Chinese capital to negotiate implementation of the phase 11 project of developing South Pars gas field with CNPC.

No action yet by CNPC for developing South Pars phase 11: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said although 81 percent of the phase 11 project of developing South Pars gas filed has been officially handed over to CNPC, the Chinese haven’t still done any work on the project.

Rouhani to inaugurate South Pars new refineries within 2-3 weeks

TEHRAN- The new refineries of South Pars gas field will be inaugurated by President Hassan Rouhani during the next 2-3 weeks, Iran’s Oil Minister Bijan Namdar Zanganeh announced in a press conference on Tuesday.

Iran’s recoverable liquid hydrocarbon reserves at 160 b barrels: NIOC

TEHRAN- National Iranian Oil Company (NIOC) in a recent report has put the country’s recoverable liquid hydrocarbon reserves at 160.12 billion barrels, IRIB reported on Tuesday. The report also put Iran’s recoverable natural gas reserves at 33.33 trillion cubic meters.