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Iran - draadje voor alle nieuwsberichten etc.

213 Posts
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  1. forum rang 10 voda 21 februari 2013 17:06
    Iran non oil exports to exceed USD 50 billion this year - Official

    Tehran Times reported that Iran’s non oil exports will surpass USD 50 billion by the end of the current Iranian calendar year (March 20).

    Mr Asadollah Asgaroladi Iranian Chamber of Commerce official said that non oil imports are valued at USD 60 billion to USD 65 billion. Non oil exports would approach the imports.

    Mr Shamseddin Hosseini Iranian Finance and Economic Affairs Minister said that Iran conducted USD 78.2 billion in trade in non oil goods with other countries during the first 10 months of the current Iranian calendar year which began on March 20th 2012.

    Mr Hosseini said that the country exported USD 34.5 billion worth of non oil goods and imported USD 43.7 billion of non oil goods during the 10 month period. Exports of industrial and mineral goods increased by 30% YoY.

    In July 2012, Hosseini said Iran conducted economic transactions with 150 countries in the previous Iranian calendar year (March 2011 to March 2012). And about 80 countries transited their products through Iran.

    Iran continues trading with the world at a brisk pace, even though certain countries are currently trying to create obstacles in order to hinder the country’s economic progress.

    Iran exported around USD 43.7 billion worth of non oil goods in the previous Iranian calendar year and imported about USD 61.8 billion worth of non-oil goods to hit the unprecedented mark of USD 105 billion in annual trade.

    Source – Tehran Times
  2. s.lin 21 februari 2013 19:14
    Iran is weer een stapje verder in verrijking uranium
    21 February 2013 06:50 PM
    Iran is begonnen met de installatie van ultramoderne centrifuges in zijn belangrijkste fabriek voor de verrijking van uranium. Dat staat in een vertrouwelijk rapport van het Internationaal Atoomenergieagentschap (IAEA).

    Naar verwachting zal het wantrouwen tegen Iran door deze stap sterker worden.

    Centrifuges
    Iran had de installatie van de centrifuges zelf ook al aangekondigd. Volgende week wordt het overleg van de internationale gemeenschap met Iran over zijn nucleaire ambities hervat. Westerse landen vrezen dat het land in het geheim naar de productie van kernwapens streeft, maar Teheran blijft volhouden dat het alleen vreedzame bedoelingen heeft.

    Productie kernwapen
    Volgens het IAEA staan er in de fabriek nabij de stad Natranz nu 180 zogeheten IR-2m-centrifuges en lege omhulsels van centrifuges. Als die in bedrijf zijn, kan Iran meer materiaal produceren dat het land in de ogen van het westen kan gebruiken voor de productie van een kernwapen.

    BNR.nl
  3. forum rang 10 voda 22 februari 2013 17:00
    Iran increases South Pars gas production capacity by 20pct - Official

    Press TV cited Mr Mohammadreza Zahiri head of Pars Oil and Gas Company as sayin that Iran has increased the production capacity of the giant offshore South Pars gas field by 20% over the past two Persian calendar years (since March 2011).

    Mr Mohammadreza Zahiri said that the POGC has also increased the number of drilling rigs in the South Pars gas field from nine to 15 over the past year. The POGC has particularly focused its development activities in phases 11, 12, 17, 18 and 19 of South Pars.

    The Iranian official pointed out that currently 18 types of drilling services are being provided by Iranian companies, eliminating Iran’s need to foreign companies. Covering an area of 3,700 square kilometers, Iran’s South Pars which is part of a larger gas field shared with Qatar, is divided into 24 phases and holds about 14 trillion cubic meters of gas or about 8% of the total world reserves and more than 18 billion barrels of liquefied natural gas resources.

    Iran, which sits on the world's second largest natural gas reserves after Russia, is making efforts to up its gas production by increasing foreign and domestic investments, especially in South Pars gas field.

    Source - Press TV
  4. forum rang 10 voda 22 februari 2013 17:02
    Iran stops transiting Turkmen LPG to boost exports

    Tehran Times reported that Iran has stopped transiting Liquefied Petroleum Gas from Turkmenistan with the goal of increasing exports of domestically produced LPG to international markets. Iran has boosted the production of LPG in its refineries and has officially stopped transiting Turkmen LPG.

    Mr Hamid Hosseini the member of the Iranian oil, gas and petrochemical exporters said that “Under economic sanctions against the Islamic Republic hiring foreign tankers for exporting liquefied gas has been made difficult so exporting LPG to Iraq and Pakistan is economically justified in such a situation.”

    In August 2012, the volume of LPG produced in different units across Iran has witnessed a 54% increase during the first 4 months of the current Iranian year.

    Recently Mr Alireza Zeighami deputy oil minister of Iran announced that Iran has launched a liquefied gas swap route in the Caspian Sea. Swapping other oil products, such as furnace oil, is currently underway with the Caspian Sea littoral states. Between 15,000 barrels per day to 30,000 barrels of crude oil is swapped per day despite sanctions against the Islamic Republic's oil industry.

    The EU banned importing Iranian crude oil and covering insurance for Iranian oil carrying tankers for European companies. EU insurance companies cover about 95% of tankers in the world.

    Source - Tehran Times
  5. forum rang 10 voda 23 februari 2013 16:34
    Era of cheap gas is over - Iran

    Tehran Times cited Mr Rostam Qasemi oil minister of Iran said that the era of cheap gas is over.

    Mr Qasemi said that realizing a fair gas price is a goal which is seriously followed up by Iran. To this end, we will negotiate with all members of the Gas Exporting Countries Forum. Gas should be sold at a real price.

    In November 2012, Iran was named the new chair of the GECF and will host a summit in autumn 2013. Leaders of the world’s biggest gas suppliers ended their first summit in Doha, Qatar on November 13th 2012. During the gathering, they restated the need for a fair gas price while Iran warned that Western taxation could derail the energy market.

    The GECF issued a declaration after the one-day summit, in which the 12 member states emphasized the need to reach a fair price for natural gas based on gas to oil prices indexation.

    Mr Qasemi called the meeting a turning point in the history of the natural gas industry but criticized the taxes imposed on energy exports by Western consumer countries.

    He said that any taxation by consumer countries will derail the energy market. The fall in the value of the dollar has negatively affected the world economy.

    The forum unites 12 countries as full members and 3 as observers. The full members possess 70% of the world’s gas reserves and account for 42% of gas production, 38% of transport through gas pipelines and 85% of the liquefied natural gas business.

    The GECF members are Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Oman, Qatar, Russia, Trinidad & Tobago, and Venezuela, while Kazakhstan, Norway and the Netherlands have observer status.

    Source - Tehran Times
  6. forum rang 10 voda 27 februari 2013 16:23
    Iran to build USD 4 billion refinery in the port city of Gwadar

    Iran has agreed to build an oil refinery in the port city of Gwadar with at an estimated value of USD4 billion.

    A senior Pakistani official said that the plant will be able to refine 400,000 barrels a day. The agreement was reached during a meeting between an Iranian delegation led by Oil Minister Mr Rostam Qasemi and Mr Raja Pervez Ashraf PM of Pakistan.

    According to a Pakistani official, it is expected that MoU be signed for building the refinery during President Mr Asif Ali Zardari's visit to Tehran on February 27th 2013.

    Source - Tehran Times
  7. forum rang 10 voda 1 maart 2013 17:16
    Iran gas to contribute 13pct of Pakistan consumption

    The Pakistani business community has urged the government to enhance import of gas volume being imported through Iran and Pakistan gas pipeline which is at presently just 13% of the total gas production of the country.

    The government has inked Iran and Pakistan gas pipeline agreement according to which the initial capacity of the pipeline will be 22 billion cubic meters of natural gas per annum which is expected to be later raised to 55 billion cubic meters. This gas quantity will fulfil only the present requirement of the country, bridging the industry’s current demand and supply gap of energy, observed noted industrialist Abdul Basit.

    The LCCI former SVP suggested the government to also pursue the Iranian authorities to increase the gas quantity in the said agreement in view of our future energy demands, besides seeking more avenues of energy.

    He said that the work on this multi million dollar project is stalled for unknown reasons and he is unable to understand the causes of the delay in this highly beneficial project of national importance when the gas pricing formula had already agreed in 2009 and Tehran and Islamabad had also inked the final agreement to launch the project by Spring 2014.

    He said that the Iranian government had already completed its part of the project and if Pakistani authorities show some interest, the pipeline would complete much earlier than the stipulated period which is actually need of the hour. He said that the severest ever shortage of gas in the country calls for extraordinary measures on war footing and the people sitting at the helm of affairs should gear up their efforts for the early completion of the project.

    He said that there a huge number of industries where the gas is basic raw material and due to its acute shortage there would be no work in these units while the graph of unemployment would go up further.

    Source - Nation.com

  8. forum rang 10 voda 1 maart 2013 17:18
    How much is oil recovery rate in Iran?

    Mr Mohsen Khojastehmehr deputy oil minister of Iran has announced that since 2005 the country's oil reserves have increased by 110 billion barrels due to discovered new oilfields. Iran's in situ oil reserves stand at 800 billion barrels.

    Mr Mohsen Khojastehmehr said that the country's recoverable oil reserves are estimated to be over 157 billion barrels. Comparing the figures for proven oil reserves and the recoverable oil reserves, it will be revealed that Iran's oil recovery factor is less than 20%.

    In other words, Iran is able to extract just 20% of its oil reserves. Of course, the figure varies for different oilfields but the average figure will not exceed 20%.

    According to Iran's Fifth Five Year Economic Development Plan, the oil recovery rate should be increased by 1% by implementation of enhanced oil recovery methods.

    Oil officials said that Iran is currently experimenting different methods to raise oil recovery rate, so that 10 gas injection projects are underway across southern oil regions, one gas injection project is underway in the Darkhovin region and 5 water injection project is underway by the Iranian Offshore Oilfields Company. Moreover several horizontal and infill wells are reportedly drilled.

    According to the reports, the Fourth Five Year Economic Development Plan had envisaged boosting the oil recovery rate by one percent but the goal was not materialized.

    Recently, Karim Zobaidi, the official in charge of research and executive affairs for boosting oil recovery at Iran's Oil Ministry has said that the recovery rate has increased by 0.28% in line with the fifth development plan. This is while two years has passed from the five year plan and the increase in the recovery rate had not been announced in recent months.

    Two years ago, Mr Hormoz Qalavand MD of the National Iranian Southern Oilfields Company announced that the oil recovery rate was 29% at that time. 10 methods were being practiced by Iran to boost the recovery percentage and that the most common method was gas injection. He also referred to other methods including carbon dioxide and nitrogen injection, but to date no report has been released in this regard.

    On February 12, Mr Emad Ro'ayaee, the director for planning at the research center of boosting oil and gas recovery stated that after signing a contract with a number of technological centers and implementing dioxide injection projects into oil wells it is expected that oil recovery rate will rise by 8% to 14%. It means that the dioxide injection plan is currently in the study phase. In June 2012, Iranian Oil Minister Rostam Qasemi put the oil recovery rate at 25% and added that the figure should reach 38% to 40%.

    According to OPEC report, Irans recoverable oil resourses stand at around 154 billion barrel. At present, some 80% of oilfields in Iran are in their second half of age and the country's oil production falls by over 300,000 barrels annually just due to low pressure at oilfields.

    According to Iran's Oil Ministry studies, the country needs USD 70 billion to invest in projects for raising oil and gas recovery rate and extract USD 700 billion worth of oil and condensates from old fields. This goal seems to be impossible taking the bad economic situation in Iran into account.

    Source - Trend.az
  9. forum rang 10 voda 1 maart 2013 17:19
    Iran to set up energy hubs in 3 Persian Gulf islands - NIOOC

    Press TV cited Mr Qeshm and Siri MD of National Iranian Offshore Oil Company as saying that Iran plans to establish three energy hubs in the Persian Gulf islands of Lavan.

    Mr Mahmoud Zirakchianzadeh said that according to the country’s development plan, some USD 70 billion should be invested in the upstream sector of the oil industry. NIOOC plans to turn Lavan Island into a petrochemical hub.

    He said that some three billion cubic feet of natural gas will be fed into the Lavan Island for it to produce and directly export petrochemical products. Some USD 12 billion and USD 16 billion in investment are respectively needed for the development of Lavan’s upstream industries and petrochemical sector.

    The Iranian official further said that Qeshm Island has also been designated as a hub for generating electricity from gas. Iran’s Power Plant Projects Management Company will generate electricity from the natural gas fields of Qeshm by constructing a power plant in the island.

    Mr Zirakchianzadeh said that the project requires some eight billion euros of investment in the upstream industries and more than seven billion euros for the production of 6,000 MW of electricity. Siri Island will become Iran’s gas export hub adding that some USD 14 billion of investment is needed for the development of the three gas fields of Foruz -A and -B and Binaloud in the island.

    He said that the petrochemical sector in Siri Island presents some USD 16 billion in investment opportunities. Iran, which sits on the world's second largest natural gas reserves after Russia is making efforts to boost its gas production by increasing foreign and domestic investments.

    Source - Press TV
  10. forum rang 10 voda 4 maart 2013 17:04
    Iran seeks to attract foreign investment for industrial projects

    Tehran Times reported that Iran plans to invite foreign investors to participate in establishing industrial parks in the country.

    Mr Fakhrollah Molaei deputy industry minister of Iran said that the investors will be also urged to invest in completing semi finished projects which have progressed by 50%. There are 321 semi finished industrial projects have been identified so far in which IRR 40 billion has been invested.

    In September 2012, Mr Behrouz Alishiri head of the Organization for Investment, Economic and Technical Assistance of Iran said that foreign investment plans worth as much as USD 10 billion are expected to be transacted by Iran during the current Iranian calendar year which ends on March 20.

    Mr Alishiri said that foreign investment plans in Iran amounted to USD 4.3 billion last year showing 27% growth compared on the year before. Iran needs up to USD 400 billion in direct foreign investment to materialize its objective of 8% economic growth. Over the next five years, the government will need new sources of capital sourced through the input of national and international private finance.

    He said in October 2011 that the growth of direct foreign investment in Iran ranks amongst the highest in the world. Despite the global economic sanctions, more than 400 foreign companies are now directly investing in Iran.

    Source - Tehran Times
  11. forum rang 10 voda 4 maart 2013 17:08
    Iran starts tapping 2 oilfields with 15000 BPD projected yield

    Tehran Times reported that 2 oilfields, namely Sarvestan and Saadat Abad located in central parts of Iran officially came on stream with a total projected output of 15,000 barrels per day.

    The fields started early production on February 2, the Shana News Agency reported. The two oilfields hold an estimated in situ reserve of 1.402 billion barrels of crude oil.

    Mr Mahmoud Ahmadinejad president of Iran and Mr Rostam Qasemi oil minister of Iran attended the inauguration ceremony of the oilfields.

    Mr Ahmad Qalebani MD of National Iranian Oil Company has said that the country's daily oil and gas outputs should amount to five million barrels and 1.47 billion cubic meters by 2015.

    NIOC has announced that it will implement 11 plans by the Iranian calendar month of Mordad 1392 (July 22nd to August 22nd 2013) with the goal of boosting oil production by 175,000 barrels per day.

    The plans are related to the first phase of the development plans of the Yadavaran, Sarvestan, Saadatabad, Hengam, Forouzan, Reshadat, Aban and Paydar oilfields. Once all the phases of the development plans are implemented, the output will be increased by 500,000 barrels per day.

    Source - Tehran Times
  12. forum rang 10 voda 5 maart 2013 16:40
    New steel coke plant opening in Iran

    Mining reported that Iranian company Isfahan Still Mill Company will launch the country's largest steel coke plant in the next few months.

    The new plant will have a production capacity of about 900,000 tonnes. The company forecasts it will produce 2.8 million tonnes of products by March 2014 and 3.4 million tonnes during the following year.

    As the plant opens, the company will also be starting up two power plants. It also hopes to develop a new mining unit with its profits. Isfahan estimates the country's coal output to be 1.6 million tonnes with coal concentrates totalling 700,000 tonnes.

    Source - Mining.com
  13. forum rang 10 voda 5 maart 2013 16:46
    Iran to build mini LNG production units

    Trend reported that Iran plans to build several mini liquefied natural gas production units in.

    An official with the National Iranian Gas Company said that the move aims at transporting gas to the provinces which are far from gas sources. Constructing mini LNG units in different provinces will reduce Iran's costs to transport gas to all parts of the country.

    Mr Pakseresht said that Northen province of Mazandaran, western province of Kermanshah and south western province of Ilam are the three nominated location for constructing the first unit.

    He went on to note that Ilam province will be more likely to be chosen. Iran's first mini LNG production unit will have the capacity to produce 150 tons per day.

    In the fourth 5 Year National Develop Plan (2005-2009), the country aimed to produce 70 million tonnes of LNG from the South Pars, North Pars, Ferdosi and Golshan gas fields by launching six LNG production facilities.

    After cancelling LNG project contracts with French Total, Spanish Repsol, Dutch British Shell and Malaysian Petronas until 2008, Iran practically lost as much as 27 million tons of its LNG production capacity.

    After that in 2008, Iran signed USD 25 billion worth of contracts to develop its gas fields and produce LNG with the Chinese SINOC group, Chinese CEPA, Polish state owned gas company and Malaysian Petrofield LNG Company.

    The value of Iran's contracts with PGNiG and Petrofield were respectively about USD 2 billion and USD 14 billion to USD 16 billion. Currently all these contracts have been suspended. During the past few years, LNG export amount has increased rapidly.

    According to BP annual statistics published in June, about one third of the world's 1025 bcm of total dealt gas in 2011 was LNG amounting to 330.8 billion cubic meter while LNG shipments grew by 10.1% compared to 2010.

    Qatar and Iran's southern neighbour and partner in the South Pars gas field with thanks to ExxonMobil, Total, Mitsui, Marubeni, ConocoPhillips and Shell companies has become the world's biggest LNG producer with 77 million tonnes of LNG output annually.

    Source - Trend
  14. forum rang 10 voda 13 maart 2013 16:52
    National railway length to be doubled to 20000 KM in near future - Minister Ahmad Sadeqi

    Trend cited Mr Ahmad Sadeqi deputy roads and urban development minister of Iraq as saying that Iran will double the length of its national railway to 20,000 kilometres in the near future.

    Currently, some 10,000 kilometres of railway lines are operating across the country. Over 3500 kilometres of highways are being built in the country.

    Mr Sadeqi said that in February, Iran sold IRR 7 trillion bonds to expand its roads and transportation infrastructures. The earnings will be spent to expand railways, major and minor roads across the country.

    Last year, 54 railway freeway and highway projects were implemented at a cost of 30 trillion rials using revenues earned through selling bonds.

    He pointed out to financing 50% of the projects through selling bonds and added that IRR 23 trillion is needed annually to implement road transport expansion projects in the country.

    Source - Trend
  15. forum rang 10 voda 15 maart 2013 15:31
    Iran allocates EUR 2 billion to build gas condensates refinery

    Tehran Times reported that Iran has allocated EUR 2.1 billion so far in establishing the Persian Gulf Star gas condensates refinery in southern Hormozgan province.

    Mr Ebrahim Azizi governor general of Hormozgan Province said that the refinery is the largest gas condensates refinery in the world. The construction of the refinery has progressed by 65%. It will add 27.6 million liters to the country’s daily gasoline output.

    Some EUR 3.6 billion will be invested in the project. The refinery will also produce 14 million liters of diesel fuel, 3.8 million liters of LPG and 3.3 million liters of jet fuel.

    Mr Alireza Zeighami deputy oil minister of Iran said that seven oil refining projects are underway in Iran with the goal of boosting gasoline production capacity to 110 million liters per day. The projects will be inaugurated maximum by the end of the H1 of the next Iranian calendar year.

    The projects include Arak, Lavan, Tabriz, Esfahan, Bandar Abbas, Tehran and Persian Gulf Star refineries. Iran exported over 132,000 tonnes of gasoline worth around USD 134 million last year.

    According to Customs Administration data, the gasoline exports rose by 127% in value and 108.5% in volume respectively compared to the year before. Armenia, Afghanistan, the UAE, Iraq and Oman were the destinations for Iranian gasoline.

    Source - Tehran Times

  16. forum rang 10 voda 17 maart 2013 16:13
    Iran oil exports seen rising by IEA

    According to the International Energy Agency, Iranian oil shipments advanced 13% last month even as the US implemented new sanctions against the Persian Gulf country.

    The Paris based adviser to 28 oil consuming nations said that imports from Iran rose to 1.28 million barrels a day in February from 1.13 million barrels in January. US rules took effect last month that require importers to pay in local currencies kept in escrow accounts.

    The US and allies are restricting Iran’s oil exports to pressure the government in Tehran to stop enriching uranium. Negotiators will meet in Kazakhstan next month to discuss steps toward an agreement on Iran’s nuclear program.

    IEA said that the only thing clear is that the current stalemate between Iran and the West is unsustainable. Sooner or later, something has to give. Iran bought secondhand tankers to take oil to China. The country is also ordering vessels to turn off transponders signaling ships’ locations, destinations and depths in the water, complicating the compilation of exports data.

    The shipments estimates are based on import data submitted by nations in the Organization for Economic Cooperation and Development, information from customs agencies, and news reports for individual countries. Tanker tracking is the only source of information for the most current month.

    According to the US Department of Energy exports will average 1.38 million barrels a day in the Iranian fiscal year starting March 21st 2013. That’s in line with the government’s budget expecting 1.3 million barrels a day. Oil sales once accounted for half of government revenue.

    Source – Bloomberg
  17. forum rang 10 voda 23 maart 2013 16:02
    Iran celebrates 62nd anniversary of oil nationalization

    Iran has marked the 62nd anniversary of the nationalization of its oil industry as a momentous breakthrough in the nation's movement for independence.

    On March 20, 1961, members of the Iranian parliament passed a bill introduced by then Prime Minister Mr Mohammad Mosaddeq on the nationalization of the oil industry.

    Mr Mosaddeq garnered the support of his nationalist party and religious groups led by prominent cleric, Ayatollah Abolqasem Kashani, for the initiative.

    Experts said that before nationalization of Iran's oil industry, the British government which controlled Iran's oil industry through the Anglo and Persian Oil Company reaped higher profits from Iran's oil resources than the Iranian government.

    Some scholars believe that nationalization of Iran's oil industry was the main reason behind the 1953 joint CIA-MI6-sponsored coup d'état, codenamed Operation Ajax which overthrew Mr Mosaddeq.

    Source - Trend News Agency
  18. forum rang 10 voda 10 april 2013 17:08
    Iran carrying out USD 3 billion worth of water and power projects overseas

    Tehran Times reported that Iran is currently implementing 59 water and power contracts valued at USD 3.198 billion overseas.

    Mr Esmaeil Mahsouli deputy energy minister of Iran said that Iran has also invested USD 1.453 billion to complete 213 projects in these fields in other countries. Some 45 Iranian companies have launched water and power projects in 40 countries mainly in Central Asia, Middle East, Latin America and Africa.

    Iran has reached self sufficiency in producing equipments for the domestic power electricity industry. The country has signed a couple of technical and engineering projects in recent years in the fields of energy in several Asian and African countries. Iran aims to export USD 4.5 billion worth of technical and engineering services in the current calendar year.

    Source - Tehran Times
  19. forum rang 10 voda 16 april 2013 16:55
    Iran annual car imports exceed USD 1 billion

    Tehran Times reported that Iran imported over 44,000 cars, worth more than USD 1 billion, during the past Iranian calendar year, which ended on March 20th. The imports showed 11.3% rise YoY.

    The average price of the imported cars was USD 24,441, according to the report.

    The UAE, South Korea, and Kuwait were the main sources of exporting cars to Iran, with 57%, 27% and 4% shares of the total number of exported cars respectively.

    On February 3rd ISNA reported that the Iranian administration has decided to reduce car import charges by 5% in a bid to create a balance in prices of cars in the domestic market.

    The car import charges will be decreased by 5% in the next Iranian calendar year, which begins on March 21st.

    Industrial Development and Renovation Organization’s chairman Mr Gholamreza Shafei said in December 2012 that the main problem facing the Iranian car industry is not the international sanctions but is the shortage of revolving capital.

    He said that “Iranian carmakers are manufacturing at 50% of their nominal capacity. This is due to the shortage of capital, the Fars News Agency quoted him as saying.”

    Iran plans to manufacture at least three million cars by 2025 and export some 1 million sets, Iranian Industry, Mines and Mr Trade Minister Mehdi Ghazanfari said that on June 16th 2012.

    Source - Tehran Times
  20. forum rang 10 voda 17 april 2013 16:55
    Iran increases oil production from joint field with Iraq

    Press TV reported that Iran has enhanced production from an oil field it shares with its western neighbor Iraq by 5,000 barrels a day.

    Crude oil production from Dehloran Oil Field is 5,000 barrels higher in the current Iranian calendar year which started on March 21st compared with the previous year.

    Last year, Managing Director of Iranian Central Oil Fields Company Mr Mehdi Fakour announced that the company planned to develop the second phase of the field to increase its output by 25,000 barrel per day.

    Dehloran oil field is located 22 kilometers from a city of the same name in Ilam Province and contains nearly 4 billion barrels of in place oil.

    Iran shares oil and gas fields with most of its neighbors, including Iraq, Kuwait, Qatar as well as Oman and Turkmenistan.

    Based on studies, there are 23 joint hydrocarbon fields between Iran and Iraq which are divided into exploration, development and production categories.

    Source - Press TV
213 Posts
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