Tag Archives | gas exports

Construction of Iran-Oman-India Pipeline “Imminent”

An official with New Delhi-based South Asia Gas Enterprise Pvt Ltd (SAGE) said that the implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent. “With the sanctions being lifted, that has definitely changed the game, and the level of interest […]

Swan Energy signs Iran Gas Deal

By John Lee. India’s Swan Energy has signed a MoU with Petronasr and Alpha Energy for the development of Iran’s 20 trillion ft³ Sephied Baghun gas field. According to the report from Natural Gas World, the project comprises the construction of on-shore surface facilities and offshore gas liquefaction facilities at an estimated cost of around […]

Pakistani Cabinet Considers Iran Gas Pipeline Project

The Pakistani government is to discuss the details of the Iran-Pakistan (IP) gas pipeline project. The 56-inch diameter pipeline will initiate from South Pars gas field Iran and end at Nawabshah covering a distance of around 1,931 kilometer with 1,150 km portion in Iran and 781 km in Pakistan. The implementation is to be done […]

Indonesia’s Pertamina to Import LPG from Iran in 2017

Indonesia’s Pertamina said the energy company is expected to sign an agreement to import Iranian liquefied petroleum gas (LPG) in 2017. “It is highly likely we will import again from the National Iranian Oil Company,” Pertamina spokeswoman Wianda Pusponegoro told reporters, according to Reuters. Pertamina plans to import up to 12 cargoes, each of which […]

Iran, Oman, IOCs study Gas Exports

By John Lee. Platts reports that senior officials from the National Iranian Gas Exports Company (NIGEC) have met with Oman’s oil ministry and three international oil companies — Shell, Total and Korea Gas Corporation (KOGAS) — to look at the potential to pipe gas from Iran to Oman. They held a two-day meeting in Tehran […]

Pakistan Seeking to Revive Talks over IP Gas Pipeline

A senior Pakistani official said the country’s Ministry of Petroleum and Natural Resources is waiting for a green light from the Economic Coordination Committee (ECC) for resuming stalled negotiations with Iran on laying a major gas pipeline between the two countries. “The Finance Division, Ministry of Foreign Affairs and Ministry of Planning have already endorsed […]

Pipeline Blast in Turkey Disrupts Iranian Gas Supply

A pipeline carrying gas from Iran to Turkey was blown up on the Turkish territory a few kilometers past Bazargan border crossing, interrupting the gas exports temporarily, an Iranian Interior Ministry official said. The blast occurred on Thursday night, hitting the gas pipeline 12 kilometers into the Turkish soil near the northwestern Bazargan border crossing, […]

Iran’s Gas Exports to Iraq to Begin after Opening LC

The managing director of the National Iranian Gas Company (NIGC) said the Islamic Republic is fully ready to start exporting gas to neighbouring Iraq as soon as the Arab country opens a line of credit (LC) for the project. “Iraqis are now negotiating with international banks so they can open an LC,” Hamid Reza Araqi […]

Japanese Traders Eye Iranian Oil

Reuters reports that Japanese traders are looking to resume oil imports from Iraq, possibly by the end of this year. According to the report, Japanese firms have so far avoided Iranian crude due to a lack of internationally acceptable insurance coverage, but are looking at ways of using cover provided by the Japanese government. Buyers […]

Iran “warns Iraq over Gas Debts”

By John Lee. Iranian deputy oil minister Ali Kardor has reportedly urged Iraq to pay off its outstanding debts relating to the construction of a joint gas pipeline with the Islamic Republic. According to Mehr News Agency, he said that if Baghdad fails to settle its outstanding debts, Tehran will not deliver gas to Iraq. The […]

Iran’s First LPG Cargo Arrives in Indonesia

State-run energy giant Pertamina officially received a cargo of liquefied petroleum gas (LPG) from Iran on Thursday, marking Iran’s first shipment as a new supplier of LPG to Indonesia. Pertamina president director Dwi Soetjipto welcomed the 44,000 metric tons of LPG transported from Asaluyeh Port in Iran 13 days ago by its VLGC Pertamina Gas […]

Iran Sells Condensate to BP for 1st Time since Sanctions

The National Iranian Oil Company (NIOC) has sold natural gas condensate to BP, one of the world’s leading integrated oil and gas companies, for the first time after the removal of anti-Tehran sanctions, a report said. NIOC will supply South Pars condensate to BP for loading between September and October, said an NIOC official on […]

Iran Studying Europe Gas Export Plans

Iran is reviewing various options for exports of natural gas to Europe thus once more reviving an ambitious plan that had been previously shelved due to sanctions as well as technical problems. Alireza Kameli, the managing director of the National Iranian Gas Export Company (NIGEC), said that Iran’s media as saying that exporting natural gas […]

Gas Export to Europe ‘Uneconomical’

Alireza Kameli, managing director of National Iranian Gas Exports Company (NIGEC), said the company is considering export of gas to Europe but the high cost of gas delivery to European destinations makes investment in the sector economically unjustifiable. “We are trying to figure out novel methods for export of our gas to European destinations and […]

Hyundai in Talks with NIOC over Condensate Imports

South Korea’s Hyundai Chemical is in talks with the National Iranian Oil Company (NIOC) to sign long-term contracts and import condensate from the Islamic Republic, a report said. Hyundai Chemical is still in talks with the NIOC for long-term condensate supplies, according to a report carried recently by Reuters. The report added that Hyundai recently […]

Iran Signs Pilot Contract with Georgia on Gas Export

Iran has signed a small-scale pilot contract with a Georgian customer to export gas to the Caucasian country via Armenia, Iran’s oil minister announced on Tuesday. Iran hopes that the pilot deal will be implemented by next March with the supply of gas through Armenian territory, Bijan Namdar Zanganeh told reporters in Tehran on Tuesday, […]

Iran to Finalize Gas Export to Georgia in Weeks

Iran to Finalize Project to Export Gas to Georgia in Weeks A project on exporting Iranian gas to Georgia will be finalized within the next two months, an Iranian official announced Monday. According to managing director of National Iranian Gas Exports Company (NIGEC), Alireza Kameli, Tehran is seriously working on the gas export project. He […]

Indonesia to Import LPG from Iran

Indonesia plans to import liquefied petroleum gas (LPG) from Iran amid a shortage of LPG supplies in various regions of the country. The Indonesian government will import 588,000 tons of LPG during the 2016 to 2017 period through state-owned oil and gas company Pertamina, Antara News reported on Monday. Director of Pertamina Dwi Soetjipto said […]

Iran to Use Southeast Europe for Gas Exports

The director of International Affairs at the National Iranian Gas Exports Company (NIGEC) said Iran wants to use Southeast Europe as a corridor for its gas exports to Western European countries. “Our capacity will increase to 1.2 billion cubic meters per day during next five years. So we have enough gas for export,” Azizollah Ramezani […]

Iran, Indonesia Ink Big LPG Deal

Iran has clinched a deal with Indonesia to sell the Southeast Asian country 80,000 tons of liquefied petroleum gas (LPG). Iranian Oil Minister Bijan Namdar Zanganeh and Indonesia’s Minister of Energy and Mineral Resources Sudirman Said signed the deal in Tehran on Monday. The LPG will be delivered to Indonesia in two cargoes. According to […]