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Tehran - 07:20 / GMT - 02:50

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  Economy - 0 News


Ahmadinejad in Lorestan Province to Inaugurate Development Projects
TEHRAN (FNA)- Iranian President Mahmoud Ahmadinejad arrived in Khoramabad in the Western Lorestan province on Saturday in a bid to inaugurate several development projects completed by Iranian experts. ( 12:36:24 - 2013/05/25)



First Train of SP Phases 15-16 to Start Operation This Month
TEHRAN (FNA)- Managing Director of Pars Oil and Gas Company (POGC) Mohammad Reza Zahiri said the first train of South Pars gas field phases 15 and 16 will come online this month. ( 12:30:16 - 2013/05/25)



Membrane Technology Center Inaugurated
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi inaugurated the first membrane technology center in the Middle East at the Petrochemical Research and Technology Company in Tehran. ( 12:18:18 - 2013/05/25)



Oil Ministry Reducing Flare By 90 Percent
TEHRAN (FNA)- Iranian Deputy Oil Minister Mohsen Khojasteh Mehr said that 90 percent of gases being burnt by flares will be gathered up to 2015. ( 12:14:19 - 2013/05/25)



Iran's Petrochemical Revenues Up by $2bln
TEHRAN (FNA)- The petrochemical projects that have come online since the beginning of new Iranian year (started on March 21, 2013) will raise the country's revenues by 2 billion dollars. ( 11:38:19 - 2013/05/25)



Construction of NGL Factory Kicks Off in Dehloran
TEHRAN (FNA)- Director of the engineering and construction operations at Iran's Central Oil Fields Company (ICOFC) said operations have started for the construction of a factory that will gather associated gases in Northern Dezfoul oil fields. ( 11:26:41 - 2013/05/25)



Minister Pleased with Allocation of 14.5 Percent of Oil Revenues to Oil Industry
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi expressed satisfaction with the parliament's recent decision for allocating 14.5 percent of oil revenues to the development of the oil industry. ( 11:19:13 - 2013/05/25)



Oil Products Storage Capacity Going Up
TEHRAN (FNA)- Oil products storage capacity of Iran will climb by 1.3 billion liters in the current Iranian year (ending on March 20, 2014) by launching new oil storage projects. ( 11:04:30 - 2013/05/25)



Petchem Share in Non-Oil Exports Rising
TEHRAN (FNA)- The share of the petrochemical products in non-oil exports will rise this year by launching new petrochemical plans, Iranian Oil Minister Rostam Qassemi said. ( 11:00:06 - 2013/05/25)



Petchem Unit Inaugurated in Tabriz
TEHRAN (FNA)- The Hydrogenation Unit of Tabriz petrochemical plant was inaugurated officially. ( 10:58:33 - 2013/05/25)



NIOC Attracts $25bln in Upstream Sector
TEHRAN (FNA)- Senior Iranian oil industry officials announced that they have invested a record sum of 25 billion dollars in the upstream sector last year. ( 10:57:40 - 2013/05/25)



Qassemi Outlines Oil Policies
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi outlined the Oil Ministry's policies during a conference titled 'Defining Oil Ministry's Policies for the Year 1992. ( 10:20:34 - 2013/05/25)



Iran Ready to Raise Gas Exports to Turkey
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said the Islamic Republic of Iran is ready to meet the energy needs of Turkey, adding that the 9th Iran's gas trunkline will be built with the participation of Turkish companies in a bid to boost gas exports to the neighboring country. ( 10:19:31 - 2013/05/25)



Oil Ministry Revenues Up
TEHRAN (FNA)- The Oil Ministry's 14.5 percent share from oil revenues in this year's budget will be calculated based on the volume of oil production not exports, officials said. ( 10:18:43 - 2013/05/25)



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