TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company said that $11 billion is needed to complete the West Karun projects.

TEHRAN (ُNIOC) _ The CEO of Pars Oil and Gas Company said: Gas production from South Pars has reached its peak.”

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said the country would need to invest $65 to $89 billion to develop its oil and gas fields otherwise it will become a gas importer in the coming years.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said: Soon, good news will be announced about the diversity of contracts for crude oil, gas condensate and oil barter.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji appointed Mohsen Khojasteh Mehr as his deputy and the CEO of the National Iranian Oil Company (NIOC).

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said his ministry is planning to invest 4 billion dollars in the western province of Ilam to develop oil and energy projects.

TEHRAN (NIOC) _ The Deputy Chairman of the Energy Commission of the Islamic Consultative Assembly said: The determination of the Ministry of Petroleum under the 13th administration and the move towards increasing production in joint oil fields is commendable.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said the first train of the phase 14 refinery of the South Pars gas field would come on stream in the winter this year.

TEHRAN (NIOC) _ The CEO of Pars Oil and Gas Company said out of a total of 39 platforms in South Pars Gas Field, 37 platforms and out of a total of 400 wells in this field, 336 wells (84) are in production line.

TEHRAN (NIOC) – The President of CNPC International LTD. (Iran), Li Yingchang, met with Iranian Minister of Petroleum Javad Owji in his Tehran office on Thursday.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji addressed the 20th OPEC and non-OPEC Ministerial Meeting that was held on Wednesday, September 01, 2021 via videoconference.

TEHRAN (NIOC) _ Pars Oil and Gas Company is planning to drill a new well at South Pars offshore gas field in order to preserve the field’s output.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said the supply of winter fuel is the most important priority of the oil industry for the time being, adding, Our effort is to strengthen Iran's position in OPEC and take back our markets.

TEHRAN (NIOC) _ West Karoun is home to a cluster of oil fields Iran shares with neighboring Iraq. This area in western Iran is set to form a new oil civilization in Iran. There are 11 oil fields in West Karoun. Iran Plans to develop them to increase its oil output by 1 mb/d by developing these fields.

TEHRAN (NIOC) – Iranian President Ebrahim Raeisi President nominated Javad Owji as the proposed Minister of Petroleum for a vote of confidence in the Islamic Consultative Assembly

TEHRAN (NIOC) _ The first phase of implementation of crude oil export from Jask Port is starting against the backdrop of Iranian officials realizing their dream of diversity in the crude oil export markets, as well as security of energy supply in Iran. The idea of construction of an oil terminal in Jask was first brought up in 1980s, but the project started under the administration of President Hassan Rouhani. To that effect, necessary planning was made and meetings were held. Since domestic manufacturers could not build some equipment and commodities in the country, they were planned to be purchased from foreign companies. The foreign firms did not keep their promises and once the US re-imposed sanctions on Iran in 2018, foreign firms quitted any cooperation with Iran.

TEHRAN (NIOC) _The monitoring center of the National Iranian Oil Company (NIOC), which was established with the aim of collecting, aggregating and displaying online and continuous data on production, domestic distribution and foreign trade of oil, gas, gas condensate, gaseous liquids and naphtha, has been launched officially.

TEHRAN (NIOC) _ Iranian President Ebrahim Raeisi received the secretary general of the Organization of the Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, in Tehran on Friday.

TEHRAN (NIOC) – Iranian Minister of Petroleum Bijan Zangeneh announced the country’s full technical readiness to return to the global crude oil markets at the highest level after the political agreement and the lifting of the sanctions.

TEHRAN (NIOC) – Iranian President Hassan Rouhani inaugurated several major gas projects. The projects include the offshore section of 27 South Pars gas field phases, the first phase of the Siraf Pars export port and two offshore chains of the 14th phase of South Pars gas field which came online by order of President Hassan Rouhani.