Oil Minister

'OPEC+ cannot ignore Iran's return to oil market'

TEHRAN, Jul. 18 (MNA) – Iranian oil minister Bijan Zanganeh said after the Sunday meeting of OPEC+ that Iran's return to the global oil market is important and effective, adding that OPEC+ cannot ignore this issue.

Return of Iranian oil to market will not be a shock: minister

TEHRAN, Jul. 04 (MNA) – Oil Minister Bijan Namdar Zangeneh said Sunday. that Iran can increase its daily production to 6 million barrels per day (bpd), adding that the return of Iranian oil to the global market will not come as shock.

Crude output at 6.5 mln bpd a must for Iran: Zanganeh

TEHRAN, May 31 (MNA) – Iran’s oil minister says the country’s crude output has to reach 6.5 million barrels per day (bpd) in the very near future and before global conventions can hamper any increase in production.

$1.7bn contract signed with local co. to develop Farzad B

TEHRAN, May 17 (MNA) – The National Iranian Oil Company signed a $1.7 billion contract with Iran’s Petropars Ltd. to develop the giant Farzad-B gas field.

Three key pipeline projects go on stream in Iran

TEHRAN, Feb. 22 (MNA) –Three important pipelines were officially launched on Monday in presence of Iranian Oil Minister Bijan Zangeneh, CEO of National Iranian Oil Refining and Distribution Company (NIORDC) Alireza Sadiqabadi through videoconference.

2021 IranPlast kicks off in Tehran

TEHRAN, Feb. 07 (MNA) – The fourth edition of the IranPlast International Exhibition kicked off on Sunday in Tehran's permanent fairground.

Iran launches largest APG collection, processing facility

TEHRAN, Jan. 21 (MNA) – The Persian Gulf Bidboland Gas Refinery Project was officially inaugurated on Thursday by order President Hassan Rouhani via video conference, in the presence of Oil Minister Bijan Namdar Zanganeh.

Iran’s Zanganeh departs for Moscow to hold energy talks

TEHRAN, Dec. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh left Tehran for Moscow Sunday morning to hold talks with Russia’s senior officials.

OPEC+ decision was wise: Zanganeh

TEHRAN, Dec. 04 (MNA) – Iranian Minister of Oil Bijan Zanganeh said that the crude oil output cuts will decrease from previously-agreed amount of 7.7 million bpd to 7.2 million bpd in January 2021, down 500,000 bpd, adding it was a wise decision.

Iranian oil min.:

‘Sanctions on me, a passive reaction to failure of US policy’

TEHRAN, Oct. 27 (MNA) – Iranian Oil Minister said that imposition of sanctions is a passive reaction to the failure of Washington’s policy of reducing (Iran’s) crude oil exports to zero.

Oil Minister:

Iran oil export doing well despite US economic war

TEHRAN, Sep. 15 (MNA) – Condemning the US and the Zionists’ economic war against Iran, the Iranian Oil Minister asserted that the country, as one of the largest exporters of oil products in the world, is doing well in petrochemical products exports.

Iran creates 2.6mb refinery capacity by developing gas supply

TEHRAN, Sep. 07 (MNA) – Referring to the development of gas supply in the last seven years, Iranian Oil Minister Bijan Namdar Zanganeh said that 2.6 million barrels of refining capacity fuel has been distributed and consumed in the country.

Zanganeh:

Value of petrochemical products to reach $ 37bn by March 2024

TEHRAN, Aug. 06 (MNA) – Iranian Oil Minister said that with the operation of 27 petrochemical projects by March 21, 2021and with an investment of $17 billion, the total value of petrochemical products will reach $37 billion by March 21, 2024.

Oil industry activities on track despite sanctions: Zanganeh

TEHRAN, Aug. 03 (MNA) – Oil Minister Bijan Namdar Zanganeh says Iran’s oil industry activities have been going on strongly in the past two years since the US pulled out of the nuclear deal and reimposed sanctions.

Iran will not surrender to US pressures: Oil Min.

TEHRAN, Jul. 11 (MNA) – Iranian Oil Minister Bijan Zanganeh hailed the signing of an agreement with a domestic company for the development of an oilfield in Iran.

US imposed sanctions on Iran’s captains after failing to bribe them: oil min.

TEHRAN, Jun. 26 (MNA) – Iranian Oil Minister Bijan Zanganeh said that sanctions against captains of Iranian fuel tankers are ineffective.

Agreement between OPEC members ‘goes ahead’ as predicted: Zanganeh

TEHRAN, Jun. 06 (MNA) – After the 179th meeting of oil and energy ministers of OPEC held on Saturday, Iranian Oil Minister Bijan Namdar Zanganeh said the agreement made between OPEC member states went ahead as planned.

Iran’s oil min. holds talk with three OPEC, Non-OPEC members on oil market

TEHRAN, Apr. 08 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh held a phone talk on Tue. with oil ministers of three OPEC and Non-OPEC members.

Oil min. holds phone talk with Russia’s energy min. on reducing oil output

TEHRAN, Feb. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh held a phone conversation with the Russian Energy Minister Alexander Novak on Thu. with regards to the cooperation of the two countries within the framework of OPEC Plus.

Oil min.:

Iran’s national wealth rises $400bn by 1% growth in oilfields recovery coefficient

TEHRAN, Feb. 16 (MNA) – Minister Bijan Namdar Zanganeh put the current recovery coefficient in Iranian oilfields at below 30% and said that $400 billion will be added to Iran’s national wealth by increasing one percent in oilfields recovery coefficient.

Deputy oil min.:

Need for making $33bn investment to reduce power plants’ gas consumption

TEHRAN, Feb. 15 (MNA) – Iranian Deputy Oil Minister Hossein Montazer Torbati said that $33 billion worth of investment is needed for reducing gas consumption in power plants in the nationwide.

Iran to launch major APG processing plant: Zangeneh

TEHRAN, Feb. 06 (MNA) – The Iranian Minister of Petroleum said the country had started countdown for launching a major plant for collecting and processing associated petroleum gas (APG) with $3 billion of investment.

Petchem progress in line with Establishment policies: Zanganeh

TEHRAN, Dec. 30 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh says the development of petrochemical plants is going on in line with the policies of the Islamic establishment of Iran to create jobs and prevent the sale of crude oil and gas.

Parl. has impeachment of 3 ministers on agenda

TEHRAN, Dec. 08 (MNA) – The spokesman of the Iranian Parliament's presiding board announced on Sunday that impeachment of the ministers of oil, education and the interior minister is on the agenda of the Parliament.

Iran oil min. satisfied with talks at 177th OPEC meeting

TEHRAN, Dec. 06 (MNA) – Iranian Oil Minister Bijan Zanganeh expressed satisfaction at the negotiations between OPEC members on Thursday, announcing an extraordinary OPEC meeting would be held within the next 3 to 4 months.

Zanganeh:

53bn barrels of in-place oil at newly-discovered Namavaran Oilfield

TEHRAN, Nov. 11 (MNA) – Iranian Oil Bijan Namdar Zanganeh said the newly-discovered oilfield in Khuzesan, named Namavaran, has an estimated 53 billion barrels of in-place oil.

Upcoming OPEC meeting to discuss output reduction: Oil min.

TEHRAN, Nov. 05 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said the meeting of the Organization of the Petroleum Exporting Countries (OPEC) in December will discuss more reductions to the group’s oil output.

Iran petchem exports satisfactory, says Zanganeh

TEHRAN, Oct. 21 (MNA) – Iranian Oil Minister Bijan Zangeneh said the country’s petrochemical exports were at a satisfactory state.