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  Economy - 3 News

Ghana Asks for Transfer of Iran's Experience in Oil and Gas Industries
TEHRAN (FNA)- The Ghanaian embassy's political and economic advisor said Accra is interested in utilizing the technological knowhow and experience of Iranian experts in the oil and gas sectors. ( 11:16:02 - 2013/04/21)

Iran Plans Huge Oil Storage Facilities
TEHRAN (FNA)- The managing-director of Iran's Oil Terminals Company (IOTC) said 10-million-barrel underground crude oil storage facilities are to be constructed in the country. ( 11:15:40 - 2013/04/21)

Iran Sees No Need for OPEC Emergency Meeting
TEHRAN (FNA)- Iran sees no need for an emergency meeting of the Organization of Petroleum Exporting Countries over a recent drop in crude prices before the producers' annual session at the end of May, Oil Minister Rostam Qassemi said. ( 11:15:08 - 2013/04/21)

Minister: Western Sanctions Backfire
TEHRAN (FNA)- Western sanctions have provided Iranian producers with an opportunity to compete with rivals in the international markets, Iranian Minister of Industry, Mining and Trade Mehdi Ghazanfari said. ( 11:14:37 - 2013/04/21)

Iran Indigenizes Most Equipment Needed in Oil Industry
TEHRAN (FNA)- Iran has managed to manufacture more than 70 percent of the equipment needed in its oil industry, Head of the National Iranian Oil Company (NIOC) Ahmad Qalebani announced. ( 11:13:56 - 2013/04/21)

Iran Can Produce 4.2 mb/d of Oil
TEHRAN (FNA)- Iranian Oil Ministry Spokesman Alireza Nikzad Rahbar said the country is capable of producing 4.2 mb/d of crude oil. ( 11:10:12 - 2013/04/21)

Iran to Celebrate Oil Self-Sufficiency Soon
TEHRAN (FNA)- Iran's Oil Minister Rostam Qassemi said the country will soon celebrate self-sufficiency in its oil industry. ( 11:09:38 - 2013/04/21)

Iran Produces 5 Necessary Petrochemicals
TEHRAN (FNA)- Head of the Research Center for the Chemical Industries Development of Iran announced production of five petrochemicals needed by the oil industry. ( 11:04:41 - 2013/04/21)

19 Million Tons of Petrochemicals Distributed
TEHRAN (FNA)- Head of the National Petrochemical Company (NPC) Abdul-Hossein Bayat said 19 million tons of petrochemical products were delivered to domestic producers in the last Iranian year (March 21, 2012-March 20, 2013). ( 11:04:16 - 2013/04/21)

Persian Gulf Petchem Company Lists on TSE
TEHRAN (FNA)- The major Iranian company, Persian Gulf Petrochemical Co., is to list five percent of its shares on the Tehran Stock Exchange. ( 11:03:51 - 2013/04/21)

Indigenous Oil Products Ready for Export
TEHRAN (FNA)- The goods and equipment needed by the Iranian oil industry are supplied by tens of domestic manufacturers, head of the Society of Iranian Petroleum Industries Equipment Manufacturers (SIPIEM) Reza Padidar said. ( 11:03:46 - 2013/04/21)

Petchem Can Replace Petrodollars
TEHRAN (FNA)- Iran can produce enough petrochemical products to stop selling crude oil in five years' time from now, head of the Union of Oil, Gas and Petrochemical Products Exporters Hassan Khosrojerdi said. ( 11:02:38 - 2013/04/21)

Iranian Oil Industry Research Institute Masters 75 Technologies
TEHRAN (FNA)- The Research Institute of the Petroleum Industry (RIPI) has indigenized 75 technologies required in the oil industry, a report said. ( 11:02:09 - 2013/04/21)

Iran to Build Onshore Drilling Rig
TEHRAN (FNA)- Iran will soon build an onshore drilling rig, sources said. ( 10:54:53 - 2013/04/21)

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