Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2019-02-08 11:25:00

IRAN'S GAS PRODUCTION UP

IRAN'S GAS PRODUCTION UP

SHANAIranian Minister of Petroleum Bijan Zangeneh, on the eve of the 40th anniversary of the Islamic Revolution's victory, underlining Iran's natural gas production capacity from the jointly owned South Pars gas field and inauguration of the refinery sections of phases 13 and 22-24 of South Pars in the near future, said: "With the opening of these phases, Iran outdoes Qatar in gas recovery from South Pars gas field."

He also asserted that the Joint Comprehensive Plan of Action (JCPOA or the nuclear deal Tehran struck with the P5+1 group of countries) had been a success prior to the US' unilateral pullout from it, saying Iran's oil production had increased by 1 million barrels a day within only four months after the deal was clinched, inasmuch as the country's oil exports in May 2018 reached 2.8 mbd, which means that the JCPOA was indeed a success. According to Mr. Zangeneh, during the last four decades, Iran's refining capacity has doubled.

Zangeneh also put Iran's gasoline production capacity at 105 million liters per day (ml/d), saying Phase III of the Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) was another accomplishment made possible by the JCPOA. "Iran now produces 37 ml/d of Euro-5 gasoline, which was also achieved thanks to the nuclear deal."

Oil Industry, US Target to Invade Iran

The Iranian Minister of Petroleum noted the current US sanctions imposed on Tehran were more severe than the ones Iran faced during the 8-year imposed war with Iraq, adding the oil industry was the spearhead of the unlawful and unilateral US war on Iran.

He stated that the focus of the US attack was on the Iranian oil industry, saying: "The US is primarily aiming to cut Iran's export revenues to zero, and in case it fails to succeed in this field, it would try to prevent the transfer of Iranian export cash."

The official named crude oil, petroleum products and petrochemicals as the main Iranian exported items, adding, "The United States was trying to prevent export of the items and, in case of the exports, prevent the money to enter the country to be spend to meet the needs of the people of Iran; but we exert all our efforts to ensure they would not succeed."

South Pars Phase 11 Deal

Referring to implementation of Phase 11 project of South Pars and Total's withdrawal from the project, saying: "We signed only one important deal after the JCPOA which concerned development of Phase 11 Project of South Pars with a consortium of France's Total, China's CNPCI and Iran's Petropars in which China had 30% stocks and had insisted to enter the contract."

"With Total's withdrawal from the project, the Chinese company has taken over its stocks as the developer of the project and we still insist that the Chinese stay in the contract."

Zanganeh continued: "We have written to the Chinese for the development of Phase 11 of South Pars gas field, but they have not answered our correspondence so far."

Iran Keen on Working with China and Russia

In response to a question regarding Iran's unwillingness to work with Russia and China in the aftermath of the nuclear deal, Mr. Zangeneh said: "We still have a desire to continue working with the Chinese and the Russians, but it should be noted that for the implementation of a deal, both parties must sign it, I cannot sign a contract on behalf of both parties."

"For the development of the northern and southern parts of Azadegan oilfield, we also agreed to negotiate with the China National Petroleum Corporation (CNPC) outside the bidding process; regarding Yadavaran, we also agreed to negotiate with China's CINOPEC outside the bidding process; however, they are not currently active due to certain considerations of their own, and we cannot be responsible for their inaction."

"I am not willing to dishonor the Iranian nation in order to please certain individuals," he further said, stating that his priority in signing contracts was maximizing the interests of the Iranian nation. "I would [allow] signing of a contact that would only ensure the dignity and interests of the Iranian nation."

Elsewhere in the press conference, the official underlined the signing of a memorandum of understanding between Iran and some Russian companies, adding talks were continuing with the Russians.

He said Iran had never signed a swap deal with Russia, but had entered an oil deal with Moscow, which could not be called a swap deal.

No Offers by India

Zangeneh said India had not offered any propositions for construction of a pipeline to export Iranian gas, saying, "India has not proposed anything in this regard; the Russians first proposed such a thing and Iran endorsed it. Accordingly, an MoU was signed for a pipeline to be installed from the Pakistani territory to India. Russia is now responsible for preparing India and Pakistan for the project and says one of the two is ready for construction of the project. But, the Indian government has never put forward any suggestions regarding gas exports via pipeline to Iran.

Iraq, $2b in Debt to Iran

The official also touched on energy talks between Iran and Iraq, saying in the talks Iran was the side that insisted more and the Iraqi side did nothing; "For example, after sanctions were imposed on Iran, Iraq severed the swap of 11,000 barrels of oil in Kirkuk; on the other hand, Iraq is $2 billion in debt to Iran for receiving Iran's gas and power."

Iran is currently exporting gas to Iraq, Armenia, and Turkey. "Regarding Pakistan, Iran has fulfilled all its commitments in this regard, however, the Pakistanis have failed in this regard and have not built not even a meter of the pipeline on their side."

No Updates about Oil Output, Exports

Zangeneh refused to give any details about Iran's current oil production and exports due to the sanctions, saying, "If we do not say anything, it does not mean that nothing is being done. We have so far done well which is why the US is fuming at us and is deeply focused on out activities."

Iran's Increased Hydrocarbon Deposits

Bijan Zangeneh said the country's recoverable oil stood at 160 billion barrels.

"Although Iran's crude oil production has dropped from 5 mb/d [in 1979] to about 4 mb/d today, the significant point is that the country's recoverable liquid hydrocarbon reserves has increased from 88 billion to 160 billion barrels now."

He said that more than 50 billion barrels of oil had been recovered in the past four years.

Zangeneh also said Iran's recoverable gas deposits had grown to 33 tcf from 9 tcf over the past four decades.

"There was almost no gas industry before the [1979 Islamic] Revolution and only 36 mcm/d was processed at the Bidboland refinery. Today, this figure has been multiplied by 30," the minister said.

Zangeneh also said that Iran's gas condensate production had reached 750,000 b/d from nothing in 1979.

The minister also touched on the petrochemical sector, saying Iran was selling more than 30 million tonnes a year of petrochemical products, which is valued at $17 billion.

Zangeneh said Iran had outdone Qatar in recovery from the giant offshore South Pars gas field and surpassed Iraq in production from jointly owned oil reservoirs.

He said that production from the jointly owned oil fields in West Karoun would reach 350,000 b/d in March, up from 70,000 b/d in 2013.

Zangeneh said an oil terminal would become operational in Jask for export outside the Persian Gulf region by March 2021.

The minister also boasted that Iran's gasoline production had risen from 52 ml/d five years ago to 105 ml/d now.

 

-----

Earlier: 

 W.Asia
2019, January, 14, 11:55:00

IRAN'S OIL FOR INDIA DOWN 41%

REUTERS - India’s oil imports from Iran fell by 41 percent in December to 302,000 barrels per day oil (bpd), ship tracking data reviewed by Reuters showed, as pressure from U.S. sanctions took effect.

 
 W.Asia
2018, December, 17, 10:20:00

IRAN'S OIL FOR S.KOREA: ZERO

PLATTS - South Korea imported no Iranian crude in November for a third straight month due to the re-imposition of US sanctions on Tehran, according to preliminary data released by the Korea Customs Service on Monday.

 
 W.Asia
2018, December, 14, 09:00:00

IRAN'S OIL: NO CUTS

SHANA - “OPEC resolution states that the Secretary-General and OPEC's President would allow countries that subject to certain sanctions to be exempted from production cuts,” Zangeneh added.

 
 W.Asia
2018, December, 12, 08:55:00

IRAN SANCTIONS AGAIN

AN - US Energy Secretary Rick Perry said on Tuesday he had discussed his country’s sanctions against Iran with Iraqi energy officials and signalled an intention to step up US private sector investment in Iraq.

 
 W.Asia
2018, November, 30, 11:50:00

ИРАНО - РОССИЙСКОЕ РАЗВИТИЕ

МИНЭНЕРГО РОССИИ - «В рамках межправительственной комиссии действует 10 рабочих групп, в том числе в транспортной сфере, в сфере финансов, энергетики и по другим направлениям. Такие группы позволяют на экспертном уровне активно решать текущие вопросы двусторонней повестки дня. За последние годы создана солидная нормативно-правовая база двустороннего сотрудничества, подписано свыше 50 совместных документов», - подчеркнул в ходе встречи глава Минэнерго России.

 
 W.Asia
2018, October, 31, 13:10:00

IRAN - CHINA SPECIAL CONDITIONS

PLATTS - China's Sinopec is in discussions with government authorities and suppliers regarding its Iranian crude imports and is trying to make special arrangements on the flow in the coming weeks, an executive said during the company's third quarter results briefing call

 
W.Asia
2018, October, 19, 10:50:00

IRANIAN GAS: 1 BLN CMD

SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.

Tags: IRAN, GAS, PRODUCTION
IRAN'S GAS PRODUCTION UP February, 18, 12:30:00

OIL PRICE: ABOVE $66

IRAN'S GAS PRODUCTION UP February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

IRAN'S GAS PRODUCTION UP February, 18, 12:20:00

BRENT OIL: UNDERVALUED

IRAN'S GAS PRODUCTION UP February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

IRAN'S GAS PRODUCTION UP February, 18, 12:10:00

BENEFIT FOR RUSSIA

IRAN'S GAS PRODUCTION UP February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

All Publications »

Chronicle:

IRAN'S GAS PRODUCTION UP
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

IRAN'S GAS PRODUCTION UP
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

IRAN'S GAS PRODUCTION UP
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

IRAN'S GAS PRODUCTION UP
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

All Publications »