KRG, Iran make Progress on Oil Pipeline Deal

By John Lee. Iran and the Kurdistan Regional Government (KRG) have reportedly agreed the technical details of a plan to build a pipeline that could transfer as much as 250,000 bpd of Kurdish oil to Iran. Taha Zangana (pictured), the KRG’s deputy minister of natural resources, told Al Jazeera: “We [the KRG and Iran] have an […]

Yadavaran Crude Production at 95,000 bpd

Iran is currently recovering 95,000 barrels of crude oil per day from Yadavaran oil field of which 75,000 bpd is light crude oil. Operated of the field’s development project, Hadi Nazarpour told Shana that the field’s first phase development was being carried out for production of 85,000 bpd while in practice its output exceeds 95,000 […]

Iran Should Phase Out 166 Planes by Next Year

166 Iranian passenger planes with an average age of 23 years need to be retired within a year, Iran’s Minister of Road and Urban Development Abbas Akhoundi said. Speaking to reporters on Wednesday, the minister said Iran’s civil aviation fleet includes a total of 266 aircraft, 100 of which are now grounded. Most of the […]

Iran earns $1.3bn from South Pars 17&18

Recovery of natural gas, condensate and other refinery products from phases 17 and 18 of the South Pars Gas Field has earned Iran more than $1.3 billion in revenues over the past 18 months. The amount is nearly one quarter of all the investments in the two phases so far, said Hassan Boveiri, operator of […]

Iran to Send Energy Delegation to Turkmenistan

Iran is to dispatch an energy delegation to neighbouring Turkmenistan headed by a deputy petroleum minister after Ramadan, an oil official said. Mohammad Taghi Amanpour, special representative of the Iranian Minister of Petroleum in export of technical and engineering goods and services, told Shana that the delegation’s visit will be mainly aimed at enhancing ties […]

Iran Ready to Boost Economic Ties with Belarus

Iranian Ambassador to Belarus Mohammad Reza Sabouri voiced Tehran’s willingness to promote bilateral relations with Minsk in various areas, economy in particular. “Science-intensive and innovative companies of Iran are ready for cooperation with the Belarusian Hi-Tech Park to produce high-technology goods,” Sabouri told the Belarusian Telegraph Agency (BelTA). “We suggest that Iranian companies use the […]

Talks with Europeans to Develop Maroon Petchem Plant

Managing director of Maroon Petrochemical Complex said negotiations are in progress with European partners for carrying out development projects at the plant. Speaking with Shana, Rahim Sharif Mousavi said given the changing circumstances in the post-sanctions setting, we have started talks with petrochemical companies from different European countries for developing the plant’s upstream, midstream and […]

Iran chooses new OPEC Envoy

By John Lee. Oil Minister Bijan Zanganeh has reportedly appointed Oil Ministry senior analyst Behrouz Beik Alizadeh as the country’s new representative to OPEC. According to Upstream Online, Alizadeh will replace Mehdi Asali, who is approaching retirement. (Sources: upstreamonline, Reuters)

New International Jobs in Iran

By John Lee. The United Nations has advertised new jobs in Iran: National Project Assistant, United Nations Population Fund (UNFPA) Director, Disaster Information Management, Economic and Social Commission for Asia and the Pacific (UNESCAP) Senior Adviser, Economic and Social Commission for Asia and the Pacific (UNESCAP) Programme Officer, Economic and Social Commission for Asia and the Pacific (UNESCAP) Programme […]

Iran to Import Russian Beef

Russian agricultural watchdog Rosselkhoznadzor said Tehran and Moscow have signed a protocol whereby Iran allows import of frozen Russian beef to the Islamic Republic. In a statement on Tuesday, Rosselkhoznadzor said Iran’s Veterinary Organization has endorsed a protocol on Russian frozen beef supplies. “The coordination of the protocol is in fact the official Iranian market […]