Gas Condensate

South Pars gas condensate storage capacity hits 2.5 mb

TEHRAN, Dec. 12 (MNA) – The gas condensate storage capacity of South Pars Gas Field has reached 2.5 million barrels now that a new storage tank has come online in Pars Oil and Gas Company (POGC).

NIOC to offer 6mb of crude, gas condensate at IRENEX next week

TEHRAN, Nov. 14 (MNA) – The National Iranian Oil Company (NIOC) has planned to put for sale 6 million barrels of crude oil and gas condensate on the Iran Energy Exchange (IRENEX) next week.

PGSR exports $100mn worth of oil products in seven months

TEHRAN, Oct. 21 (MNA) – Persian Gulf Star Refinery (PGSR) exported $100 million worth of oil products in the first seven months of the current year (March 21 – Oct. 22).

NIOC to offer 2mb of gas condensate at IRENEX on Oct. 1

TEHRAN, Sep. 29 (MNA) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of gas condensate on the international floor of the Iran Energy Exchange (IRENEX) on October 1 at $58.58 per barrel.

IRENEX to supply gas condensates as of Oct. 7

TEHRAN, Sep. 24 (MNA) – Managing Director of Iran Energy Exchange (IRENEX) Seyyed Ali Hosseini on Monday said that Iran Energy Exchange (IRENEX) will supply gas condensates of South Pars Gas Field as of Oct. 7.

Iran’s export of non-oil goods up by 6% last year: PBO

TEHRAN, Sep. 13 (MNA) – Export of non-oil goods, with gas condensates included, registered about a 5.9 percent growth last year (from March 21, 2018 to March 20, 2019) as compared to 2013.

NIOC to offer 2mn barrels of gas condensate on Sep. 11

TEHRAN, Sep. 07 (MNA) – The National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at the international ring of the energy exchange (IRENEX) on September 11.

NIOC to offer 9th round of supplying gas condensate at IRENEX

TEHRAN, Aug. 03 (MNA) – The National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at the international ring of the energy exchange entitled “IRENEX on Tuesday August 6 at the base price of $60.17 per barrel.

IRENEX to offer condensate at $60.40 per barrel on Tue.

TEHRAN, Jul. 13 (MNA) – The National Iranian Oil Company will offer two million barrels of gas condensate at the international ring of the energy exchange (IRENEX) on Tuesday (July 16) at the base price of $60.40 per barrel.

NIOC to launch 7th gas condensate offer at IRENEX on Tue.

TEHRAN, Jun. 23 (MNA) – The National Iranian Oil Company (NIOC) will offer two million barrels of natural gas condensate at Iran Energy Exchange (IRENEX) on Tuesday (June 25).

NIOC to offer gas condensate at IRENEX with 5% discount

TEHRAN, Jun. 03 (MNA) – The National Iranian Oil Company (NIOC) is set to offer two million barrels of natural gas condensate at Iran Energy Exchange (IRENEX) today at discounted prices.

Iran’s gas production hits 7.4% growth

TEHRAN, Jun. 02 (MNA) – Statistics showed that gas production volume in the country hit a 7.4 percent hike in the last year (ended March 20, 2019).

1.085mn barrels of crude sold at IRENEX in 7 months: NIOC report

TEHRAN, Jun. 02 (MNA) – During the 17 rounds of offering held at Iran Energy Exchange (IRENEX) in seven months, as of November 2018, 1.085 million barrels of crude oil have been sold, according to a report of National Iranian Oil Company (NIOC).

2mn barrels of condensate to be offered at IRENEX on Monday

TEHRAN, Jun. 01 (MNA) – The National Iranian Oil Company (NIOC) is set to hold a new round of South Pars condensate offering at the international ring of Iran Energy Exchange (IRENEX) on Monday (June 3).

TPOI head:

15 mega export projects to become operational for identifying target markets

TEHRAN, May 04 (MNA) – Head of Trade Promotion Organization of Iran (TPOI) Mohammadreza Modoudi said on Saturday that a number of 15 mega export projects will be put into operation in the country to identify target markets.

Iran’s exports volume shrinks by 5% in 2018

TEHRAN, Apr. 23 (MNA) – According to the latest statistics of Iran’s foreign trade, total exports volume of the country registered a five percent decline in 2018.

SPGC eyes 7 bcm gas output growth

TEHRAN, Apr. 19 (MNA) – The natural gas output of South Pars Gas Complex (SPGC) is expected to rise by 7 billion cubic meters this calendar year, which began on March 21, compared to the preceding year, SPGC CEO said.

Next gas condensate offering at IRENEX set for April 16

TEHRAN, Apr. 14 (MNA) – The National Iranian Oil Company (NIOC) is set to hold the new round of gas condensate offering at the Iran Energy Exchange (IRENEX) on Tuesday (April 16).

Annual exports through Bushehr province up 24%

TEHRAN, Apr. 13 (MNA) – Close to 30 million tons of non-oil commodities and gas condensate worth $18.721 billion were exported through the southern province of Bushehr during the past fiscal year (ended March 20), indicating a 24% increase year on year.

Gas accounts for 76% share of SPGC output

TEHRAN, Apr. 08 (MNA) – Chief Executive of South Pars Gas Company (SPGC) Hadi Hashemzadeh Farhang said on Mon. that gas accounts for 76 percent share of the company’s total production volume.

Iran offers sympathy to Zimbabwe over deadly storm

TEHRAN, Mar. 17 (MNA) – Iranian Foreign Ministry has extended deepest sympathies and condolences to the government and nation of Zimbabwe over a deadly tropical storm that killed and wounded dozens of people on Friday.

Pars special zone’s gas condensate exports rise

TEHRAN, Mar. 16 (MNA) – Pars Special Economic Energy Zone (PSEEZ) in southern Bushehr province exported over 1.43 million tons of gas condensate to global markets during the past Iranian month (Jan. 21- Feb. 19), a senior official said.

Four South Pars phases to become operational by late March

TEHRAN, Mar. 02 (MNA) – Four phases of South Pars Gas Field in the Persian Gulf are slated to go on stream by the end of the current Iranian year (March 20), the deputy director for Development and Engineering at the National Iranian Oil Company (NIOC) said on Saturday.

2nd round of condensate offering at IRENEX due on Feb. 25

TEHRAN, Feb. 20 (MNA) – The National Iranian Oil Company (NIOC) is set to launch the second round of gas condensate offering at Iran Energy Exchange (IRENEX) on February 25.

S Korea’s imports of Iranian crude exceed $100m in Jan.

TEHRAN, Feb. 19 (MNA) – South Korean companies imported $101.2 million worth of Iranian crude last month, the first such move in five months, data showed Tuesday.

Oil min.:

Iran oil reserves hit over 160bn barrels in 40 yrs.

TEHRAN, Feb. 07 (MNA) – Iranian Oil Minister Bijan Zanganeh said the country’s oil reserves have reached from 88 billion barrels during the Islamic Revolution in 1979 to 160 billion barrels, showing a considerable hike.

SP Phase 13 project registers 93.4% progress

TEHRAN, Feb. 04 MNA) – The caretaker of planning and control of South Pars Gas Field’s Phase 13 said the project has so far gained 93.4% work-in-progress.

Major S Korean refiners to import Iranian condensate in Feb.

TEHRAN, Feb. 04 (MNA) – Hyundai Oilbank Company, a major South Korean refiner, plans to import 2 million barrels of Iranian condensate this month, a person familiar with the issue said Monday.