Tag Archives | gas exports

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 […]

Iran Ready to Start Gas Delivery to Iraq

A senior Iranian oil official said the country has started pumping gas into a pipeline that the Islamic Republic plans to use for exports of natural gas to Iraq. “The pipeline is complete on the Iranian side and will be soon inaugurated by senior Iranian officials to start pumping gas into Iraq,” Managing Director of […]

Iran in Dialogue to Process LNG in Oman: Minister

Iran has started discussion with Oman on using spare capacity of Oman LNG, to process Iranian gas for exports, local media reports said quoting officials. Addressing the annual media briefing in Muscat, Mohammed bin Hamad Al Rumhy (pictured), minister of oil and gas, said that Oman LNG has a spare capacity of 1.5 million tonnes […]

Iran “Best Option to Meet Pakistan’s Energy Needs”

Pakistan’s Minister for Water and Power says Iran being neighbor of Pakistan is the best option and cheapest route to import oil, gas and electricity for the energy starved country. Khawaja Muhammad Asif said lifting of sanctions have opened up new possibilities for increase in import of energy from Iran to Pakistan to 100 MW, […]

India wants Subsea Gas Line from Iran

By John Lee. PressTV reports that the Indian government is determined to seal a deal with Tehran to lay a 1,400-kilometer undersea gas pipeline from Iran to India. The planned multi-billion-dollar project would connect Iran’s southeastern port of Chabahar to India’s western Gujarat State, avoiding Pakistan. New Delhi will also reportedly fund a rail link […]

Indonesia’s Pertamina Seeks to Import LPG from Iran

A senior official of Indonesian state-owned energy company Pertamina said on Tuesday it plans to import liquefied petroleum gas (LPG) from Iran to meet domestic demand. The company’s Vice President of Crude Product Trading and Commercial of Integrated Supply Chain (ISC), Hasto Wibowo, said Pertamina is currently exploring opportunities to import LPG at bargain prices […]

EU to Visit Iran to Develop Energy Ties

By John Lee. The European Commission will undertake a first “technical assessment mission” to Iran in February, according to a report from Reuters. European Climate and Energy Commissioner Miguel Arias Canete (pictured) said potential areas for cooperation included all areas of energy — nuclear, oil, gas, renewable energy and energy efficiency. He mentioned in particular the […]

Will South Pars help Revive Iran’s Economy?

By Dr. Reza Yeganehshakib, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Will South Pars help bring Iran’s economy back to life? The Persian Gulf is home to one of the largest independent gas reservoirs in the world. Shared between Iran and Qatar, the Iranian […]

Iran can Export 3,000MW Electricity to Pakistan

According to Pakistan’s Foreign Office, the country currently imports 74MW of electricity from Iran for its coastal Makran division, but Iran has the potential to increase its electricity this to 3,000MW. Energy-starved Pakistan will take 100MW this month, and two projects are under consideration involving the import of 1,000MW and 100MW. The two countries are […]

Bulgaria Ready to Transit Iranian Gas to Europe

Bulgarian Foreign Minister Daniel Mitov said his country is ready to receive natural gas from Iran and pump it to European countries. He made the statement in a meeting with Majlis (Parliament) Speaker Ali Larijani, during which expansion of trade ties after the removal of anti-Iran sanctions was discussed. “In the coming 2-3 weeks, when […]

Iran ‘in Talks’ for $4.5bn Undersea Gas Pipeline to India

By John Lee. The Managing Director of the National Iranian Gas Export Company (NIGEC) has said that Iran is discussing a plan to lay a $4.5-billion subsea pipeline to export natural gas to India. But Alireza Kameli (pictured) also told The Economic Times that a proposal for another pipeline between the two countries via Pakistan […]

Poland Considers Oil and Gas Prospects in Iran

Poland’s state-run gas distributor is examining oil and gas exploration and production opportunities in Iran. The Polish Oil and Gas Company (POGC, PGNiG)‘s CEO Mariusz Zawisza told Reuters: “We are interested in the Iranian market and we are considering various business configurations there … “We have an office in Iran and are at the stage of […]

Iran Negotiates Exporting LNG via Oman

Petroleum Minister Bijan Zangeneh negotiated exporting liquefied natural gas (LNG) from Iran via Omani ports during a meeting in Tehran with Omani minister of Oil and Gas Mohmmed bin Hamad Al Rumhi. “The main item on the agenda was using Oman’s unused LNG facilities,” Managing Director of the National Iranian Gas Export Company (NIGEC) Alireza […]

Tehran, Amsterdam Eye Boosted Gas Trade

Henk Kamp, The Minister of Economic Affairs of the Netherlands, has met with Managing Director of the National Iranian Gas Company (NIGC), Mohammad Reza Araqi, to discuss boosting gas ties. During the meeting, the Dutch official said Dutch companies are prepared to boost their presence in Iran for investing in and constructing gas refineries and […]

Iran, Iraq Sign 6-Year Gas Deal

Iran has agreed to send 35 mcm/d of its gas to the Iraqi city of Basra for a period of 6-years. Based on the deal, signed by Head of National Iranian Gas Company (NIGC) Reza Araqi and Iraqi Deputy Minister of Electricity Khalid Hassan Saleh, Iran will supply 20mcm/d of natural gas to Basra in […]

Iraqi Kurdistan to Export Oil through Iran

BasNews reports that the Kurdistan Regional Government (KRG) is planning to build pipelines transporting oil and gas to and from Iran. Abdullah Akrayi, the Head of the KRG’s Department of Relations with Iran, told BasNews that Erbil has resumed discussions with Tehran to establish two pipelines importing gas from Iran and sending KRG oil to […]

Crude Oil for Gas: Prospects for Iran-Saudi Reconciliation

Despite the sectarian barbs traded between Saudi Arabia and Iran, Iran’s unique ability to meet the kingdom’s fast growing demand for electricity may help spur a reconciliation, according to the Atlantic Council‘s Jean-François Seznec. In his report Crude Oil for Natural Gas: Prospects for Iran-Saudi Reconciliation, Seznec argues that the two dominant energy producers do […]

Kuwait may Import Gas from Iran

By John Lee. The Chief Executive of the Kuwait Petroleum Corporation (KPC) has said that his company has conducted negotiations with both Iran and Iraq to import gas. Nizar Al-Adsani (pictured) said in a statement: “Kuwait is in need of gas for power plants … [but] up until now we have not agreed on the […]

Private Sector Cash to Pump Iranian Gas to Iraq

The pipeline to carry gas to Iran’s western and northwestern regions as well as exporting it to neighboring Iraq will start soon with BOT (Build-Operate-Transfer) financing from Bank Pasargad, the bank’s CEO has said. “We have increased our investment for the development of oil, gas, refining, and petrochemical industries. The contract to finance the Iraq […]