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2018-04-20 09:00:00

IRAN NEED NEW MARKETS

IRAN NEED NEW MARKETS

SHANA - The CEO of the Iranian Gas Commercial Company (IGCC) said his company, as the sole exporter of gas products in Iran, is currently seeking new markets for exporting liquefied petroleum gas (LPG).

According to the National Iranian Gas Company (NIGC), Mohammad Ali Barati told an LPG conference here in Tehran on Tuesday that the market for petroleum products, gas and petrochemicals is a favorable one, adding that by March 2017 (end of the Iranian calendar year of 1396), IGCC exported LPG South Pars phases 4 and 5 form the South Pars Gas Complex along the LPG produced by Fajr Jam, Sarkhoun and Qeshm refineries.

Iranian Gas Commercial Company (IGCC) private joint stocks, officially registered under No.149229, whose shares totally belong to National Iranian Gas Company (NIGC) and its subsidiary company, was organized on Jan. 21,2008 in order to achieve the comprehensive objectives and policies of the industries pertaining to energy, especially oil, gas and petrochemical industries for execution of vital and important projects regarding excavation, production, refining, transmission and distribution of energy and its products to different sectors including homes, industries, power plants, export, and also substitution of other energy carriers by clean and cheap energies, and for the purpose of implementing the following detailed activities:

1. Commercial activities including marketing, purchase, sale, import, export, and brokering of goods, equipment, and hydrocarbon derivatives such as natural gas (NG) liquid petroleum gas (LPG), liquid natural gas ( LNG), liquids, condensate, sulfur, and other refinery products.

2. Carrying out good's services activities including storage, customs formalities and other related tasks.

3. Offering technical and expertise services, good's technical inspection, goods updating and sorting, providing goods procurement- resources bank and other relevant services.

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Earlier:

 C.Asia
2018, April, 11, 13:05:00

IRAN'S OIL GAS

EIA - Iran holds the world’s fourth-largest proved crude oil reserves and the world’s second-largest natural gas reserves. Despite its abundant reserves, Iran’s crude oil production has undergone years of underinvestment and effects of international sanctions. Natural gas production has expanded, the growth has been lower than expected. Since the lifting of sanctions that targeted Iran’s oil sector, oil production has reached more than 3.8 million barrels per day in 2017.

 

 C.Asia
2018, March, 19, 08:00:00

SOUTH PARS GAS DOUBLED

REUTERS - Iran has nearly doubled gas production at South Pars, the world’s largest gas field, in the past year, Iranian President Hassan Rouhani said Sunday,

 

 

 C.Asia
2018, March, 7, 14:55:00

СОТРУДНИЧЕСТВО ИРАНА И РОССИИ

МИНЭНЕРГО РОССИИ - Александр Новак отметил, что одним из ключевых факторов углубления торгово-экономического сотрудничества является активная работа в инвестиционной и финансовой сферах. "Считаю необходимым активизировать работу в данном направлении с тем, чтобы обеспечить увеличение объемов торговли в наших национальных валютах, а также еще более упростить процедуры расчета», - сказал глава российского энергетического ведомства.

 

 C.Asia
2018, February, 27, 13:35:00

U.S. SANCTIONS FOR IRAN

PLATTS - The Trump administration will not certify the Iran nuclear deal, US Vice President Mike Pence said Thursday, increasing the likelihood of re-imposition of US sanctions on international sales of Iranian crude.

 

 C.Asia
2017, December, 15, 13:05:00

GAZPROM - IRAN COOPERATION

GAZPROM - Alexey Miller and Ali Kardor, Iran’s Deputy Minister of Petroleum, CEO of National Iranian Oil Company, inked a Roadmap. Pursuant to the document, Gazprom will conduct a proof-of-concept study with regard to implementing integrated projects for hydrocarbon production, transmission and processing, including petrochemistry, in Iranian territory.

 C.Asia
2017, September, 22, 08:45:00

IRAN'S GAS EXPORT: ABOVE 5 BCM

Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.

 

 

 C.Asia
2017, June, 7, 18:15:00

РОССИЯ - ИРАН: $20 МЛРД.

Россия обладает технологиями, которые мы готовы предлагать за рубеж. Российские компании НК, Роснефть, Газпром нефть, ЛУКОЙЛ, Зарубежнефть, Газпром, Газпром и Татнефть активно интересуются возможностью работы в Иране. По нашим предварительным оценкам, объем инвестиций в нефтегазовый сектор Ирана может составить свыше 20 миллиардов долларов США.

Tags: IRAN, GAS, LPG

Chronicle:

IRAN NEED NEW MARKETS
2018, May, 21, 10:40:00

U.S. PETROLEUM DEMAND UP BY 750 TBD

API - American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.

IRAN NEED NEW MARKETS
2018, May, 21, 10:35:00

IMF: EGYPT'S GROWTH UP

IMF - “Egypt’s growth has continued to accelerate during 2017/18, rising to 5.2 percent in the first half of the year from 4.2 percent in 2016/17. The current account deficit has also declined sharply, reflecting the recovery in tourism and strong growth in remittances, while improved investor confidence has continued to support portfolio inflows. In addition, gross international reserves rose to $44 billion by end-April, equal to 7 months of imports.

IRAN NEED NEW MARKETS
2018, May, 21, 10:30:00

U.S. RIGS UP 1 TO 1,046

BAKER HUGHES A GE - U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up 1 to 200, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 4 rigs from last week to 83, with oil rigs up 6 to 38 and gas rigs down 2 to 45.

IRAN NEED NEW MARKETS
2018, May, 18, 09:20:00

OIL PRICE: ABOVE $79

REUTERS - Brent crude futures LCOc1 were at $79.57 per barrel at 0310 GMT, up 27 cents, or 0.3 percent from their last close. Brent broke through $80 for the first time since November 2014 on Thursday. U.S. West Texas Intermediate (WTI) crude futures were at $71.62 a barrel, up 13 cents, or 0.2 percent, from their last settlement.

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