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FA Monday, August 20, 2018
The National Iranian Oil Company (NIOC)s Director of Investment and Business says: "Despite Washingtons desire, this year, activities in Irans petroleum industry, especially in the upstream sector, will bolster."
Plans are under way to add 84 million cubic meters (3 billion cubic feet) to Irans daily gas recovery from South Pars Gas Field by March 2019.
The CEO of Iran Gas Transmission Company (IGTC) said the company has the means and capacity to transmit as much as 260 billion cubic meters of natural gas and liquids per year.
The National Iranian Oil Company (NIOC) is to sign two contracts, valued at $1.2 billion for gathering associated gases in Khuzestan, southwestern Iran.
Irans crude oil exports rose year-on-year from 2.115 mbd to 2.3 mbd in the first 4 months of the current Iranian calendar year (began on March 21).
The CEO of the National Iranian Gas Export Company (NIGEC) said Iran and Oman were about to form a joint strategic committee to finalize a long-sought gas pipeline project.
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