Tag Archives | National Iranian Oil Products Distribution Company (NIOPDC)

Iran Starts Oil Swap with Iraq’s Kirkuk

Iran started swapping oil with Iraq‘s Kirkuk on Sunday, after the two neighbours sorted out the logistic issues that were preventing the swap’s startup. According to the CIF-based swap deal, Iran receives 30,000 to 60,000 bpd of oil from the Kirkuk oil fields in northern Iraq to an Iranian refinery across the border via tanker […]

CNG Project up for Grabs

An Iranian CNG official says there are many investment opportunities in compressed natural gas (CNG) projects in Iran. Addressing an energy conference, the Director of CNG Projects at the National Iranian Oil Products Distribution Company (NIOPDC) Hamid Ghasemi said Iran currently consumes 20 million cubic meters of CNG per day, adding the best investment opportunities […]

Korean Credit Line to Finance Refinery Project

A project to optimize Iran’s Isfahan Refinery will be financed by a South Korean credit line. South Korea will provide €1.9 billion worth of credit for upgrading and optimizing the refinery. Alireza Arman, Consolidated Planning Manager of National Iranian Oil Products Refining and Distribution Company (NIOPDC), said: “A contract for improving process and optimizing Isfahan […]

Iranian Company Claims to Develop New Fuel Detector

According to a report from the Oil Ministry’s news agency Shana, the Urmia offshoot of the National Iranian Oil Products Distribution Company (NIOPDC) has joined a domestic knowledge-based company for production of fuel detectors used for curbing smuggling of fuel in border regions. Ahad Mojarrad, director of the Urmia offshoot of NIOPDC, said the device […]

Iran Begins LNG Exports to Kenya, Tanzania, S Africa

Iran has started exports of liquefied natural gas (LNG) to Kenya, Tanzania and South Africa, an official announced. Esmaeel Hasham Firouz, the export-import director of the National Iranian Oil Products Distribution Company (NIOPDC), said the Islamic Republic has begun to ship excess natural gas supplies as LNG to the three African countries. He said the […]