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2017-09-11 12:30:00

IRANIAN OIL WILL UP

IRANIAN OIL WILL UP

SHANA - Iran says its crude oil production will reach 4.5 million barrels per day in a matter of a few years, end of the 6th five-year development plan to 2022.

Ali Kardor, managing director of National Iranian Oil Company (NIOC), said Iran will reach an oil production rate of 4.5 million barrels per day (bpd) within five years.

Currently, Iran's output stands at around 3.8 mbd.

Iranian gas production will reach 1.3 billion cubic meters per day and production of gas condensate will reach 864,000 bpd in the next five years, Kardor said.

The boost in oil production will come from an increase of 420,000 bpd from the West Karoun oil field and an additional 280,000 bps from oil fields in central and southern Iran as well as the Iranian Offshore Oil Company (IOOC), Mr. Kardor said.

Oil exports are expected to reach up to 2.5 million bpd within five years, Kardor added.

The increase in gas production is expected to come from South Pars, the world's largest gas field, according to Kardor.

The official also said that production of liquefied petroleum gas (LPG) will increase to 10.5 million tons/year and ethane output of the country will grow to 8.8 mt/y.

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Earlier:

 

IRANIAN OIL EXPORT: 2.6 MBD

IRANIAN OIL EXPORT: 2.6 MBD IRANIAN OIL EXPORT: 2.6 MBD Iran has exported an average of more than 2.6 million barrels of oil and gas condensate per day last month (July 23- Aug 22), Minister of Petroleum Bijan Zangeneeh said. For the first six months ...
2017-08-29
 

СОТРУДНИЧЕСТВО ИРАНА, РОССИИ И ТУРЦИИ

СОТРУДНИЧЕСТВО ИРАНА, РОССИИ И ТУРЦИИ IRAN, RUSSIA,TURKEY COOPERATION Иран, РФ и Турция подписали соглашение по финансированию нефтегазовых проектов Iran, Russia and Turkey signed agreement on maintaining trilateral cooperation in developing oil and ...
2017-08-16
 

INDIAN - IRANIAN GAS INVESTMENT

INDIAN - IRANIAN GAS INVESTMENT INDIAN - IRANIAN GAS INVESTMENT The Indian consortium led by the state-owned Oil and Natural Gas Corporation (ONGC) is willing to spend as much as $11bn to develop the giant Iranian natural gas field it discovered in 2 ...
2017-07-03
 

TOTAL INVESTMENT TO IRAN

TOTAL INVESTMENT TO IRAN TOTAL INVESTMENT TO IRAN It is worth taking the risk at $1 billion because it opens a huge market. We are perfectly conscious of some risks. We have taken into account (sanctions) snap-backs, we have to take into account regu ...
2017-06-20
 

RUSSIA - IRAN OIL TALKS

RUSSIA - IRAN OIL TALKS RUSSIA - IRAN OIL TALKS Iran has so far signed memoranda of understanding (MoUs) with four Russian companies for developing its oil and gas fields: Lukoil for Ab Teymour and Mansouri fields, Zarubezhneft for Aban and West Payd ...
2017-05-31
 

IRANIAN REVENUE: $191 BLN

IRANIAN REVENUE: $191 BLN IRANIAN REVENUE: $191 BLN Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said Iran has so far recovered 1,060 billion cubic meters of natural gas from the supergiant South Pars Gas Field, adding the ...
2017-05-12
 

IRANIAN OIL: $80 BLN

IRANIAN OIL: $80 BLN IRANIAN OIL: $80 BLN Iran plans to strike $80 billion worth of oil contracts over coming two years as the country is set to implement newly-developed IPC contracts, a deputy head of National Iranian Oil Company (NIOC) said Iran p ...
2017-05-12
Tags: IRAN, OIL, PRODUCTION

Chronicle:

IRANIAN OIL WILL UP
November, 22, 11:05:00

NIGERIA & CHEVRON PROJECT &1.7 BLN

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.

IRANIAN OIL WILL UP
November, 22, 11:00:00

MAERSK-AKER-HALLIBURTON ALLIANCE

OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.

IRANIAN OIL WILL UP
November, 20, 09:35:00

OIL PRICE: ABOVE $62 YET

REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.

IRANIAN OIL WILL UP
November, 20, 09:30:00

МИРОВОЙ РЕКОРД РОСНЕФТИ: 15000 М

ПАО «НК «Роснефть» в составе Консорциума «Сахалин-1» успешно завершила бурение с платформы «Орлан» на месторождении Чайво в Охотском море самой протяженной скважины в мире. Длина скважины с горизонтальным окончанием составляет 15000 м, что на сегодняшний день является мировым рекордом. Скважина относится к категории сверхсложных, индекс сложности по DDI (Directional drilling index) составляет 8,0 пунктов, отход от вертикали составляет 14 129 м.

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