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2017-05-12 11:35:00

IRANIAN REVENUE: $191 BLN

IRANIAN REVENUE: $191 BLN

IRAN SOUTH PARS FIELD MAP

SHANAManaging 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 recovery has fetched Iran over 191 billion dollars in revenue.

Addressing a ceremony to inaugurate 6 development phases of the gas field on Sunday, the official said Qatar has recovered 1,771 billion cubic meters of gas from the field in its own territories.

He expressed hope that launching new development projects at the field will bring Iran's revenues from it close to that of Qatar.

Mr. Kardor said Iran's recovery of gas from the field has nearly doubled from 2013, beginning of President Rouhani's first term.

In the year Iran produced 285 mcm/d while it is now recovering 570mcm/d, he added.

Iran pumped out 155 bcm of gas from the field last Iranian calendar year which ended on March 20, setting a new record in production from the field.

Iran has so far invested 71 billion dollars for developing the gas field of which $19b has been procured by domestic investors and the rest were supplied by dipping into the National Development Fund of Iran (NDFI), banks, bonds, etc. he added.

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Earlier: 

IRAN SUPPORTS CUTTING 

IRAN'S OIL EXPORT 2.6 MBPD 

IRANIAN OIL TO INDIA: 540 TBD 

IRAN, RUSSIA STRATEGIC PARTNERSHIP 

IRAN & VENEZUELA: STRATEGIC PARTNERS

Tags: IRAN, OIL

Chronicle:

IRANIAN REVENUE: $191 BLN
2018, October, 17, 10:05:00

U.S. IN EUROPE

REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.

IRANIAN REVENUE: $191 BLN
2018, October, 17, 10:00:00

TOTAL IN RUSSIA: THE LARGEST

FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow. 

IRANIAN REVENUE: $191 BLN
2018, October, 17, 09:55:00

PETROBRAS - CNPC COOPERATION

PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said

IRANIAN REVENUE: $191 BLN
2018, October, 17, 09:50:00

NORWAY'S DEFENCE

BLOOMBERG - The wealth fund’s initial case had focused on limiting Norway’s exposure to a drop in oil prices, given its status as western Europe’s biggest petroleum producer. When the proposal was first made last year, it rocked markets, and drew responses from a number of major investors.

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