Oil Minister

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.

US changing energy geography: Zanganeh

TEHRAN, Oct. 09 (MNA) – The Iranian oil minister has said that the arrival of the US in the gas and oil markets was becoming a crucial factor in changing the geography of energy in the world.

Iranian oil min.:

Farzad-B oilfield may be developed by Iranian firms

TEHRAN, Oct. 08 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said that Farzad-B oilfield will likely be developed by Iranian companies.

Zangeneh calls for GECF resistance against world powers' pressure

TEHRAN, Oct. 05 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh has called on the Gas Exporting Countries Forum (GECF) member states to resist against pressure and imposition of opinions of some world powers, saying energy security should be in line with the interests of all countries.

Iran’s oil minister holds bilateral meetings with Armenian, Qatari counterparts

TEHRAN, Oct. 04 (MNA) – The Iranian Oil Minister Bijan Zanganeh held separate meetings with his Armenian and Qatari counterparts in Moscow on Thursday.

Iran petchem revenues to hit $37b by 2026

TEHRAN, Sep. 30 (MNA) – The value of Iran’s petrochemical products would reach $37 billion by 2026, according to Iranian Oil Minister Bijan Zangeneh.

Zanganeh confirms participation at GECF in Moscow

TEHRAN, Sep. 30 (MNA) – Iranian Oil Minister Bijan Zangeneh said he would leave Tehran for Moscow later this week to attend the upcoming Gas Exporting Countries Forum (GECF) ministerial meeting and participate in the Russian Energy Week.

Zanganeh to visit Russia soon: report

TEHRAN, Sep. 28 (MNA) – Iran's Oil Minister Bijan Namdar Zanganeh is reportedly scheduled to pay a visit to in the coming days, the Russian media said.

Bidboland Persian Gulf Gas Refinery online by March 2020

TEHRAN, Sep. 26 (MNA) – The Iranian Minister of Petroleum said that the country would launch Bidboland Persian Gulf Gas Refinery by the end of the current calendar year (March 19, 2020).

Syrian petroleum min. pays visit to South Pars gas field

TEHRAN, Sep. 23 (MNA) – Syrian Minister of Petroleum and Mineral Resources Ali Ghanem paid a visit to South Pars gas field facilities in Asaluyeh, southern Iranian province of Bushehr, on Monday.

Iran petchem output to hit $25 bln by 2021: oil minister

TEHRAN, Sep. 22 (MNA) – The Iranian Oil Minister Bijan Zangeneh has said that the petrochemical output is increasing despite the US sanctions.

Sanctions failed to stop Iran’s oil industry: Zanganeh

TEHRAN, Sep. 14 (MNA) – Iranian Oil Minister Bijan Zanganeh said that US sanctions have failed to stop Iran’s oil industry.

3 days enough for returning oil production to pre-sanctions era: Zanganeh

TEHRAN, Aug. 27 (MNA) – The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.

Zanganeh appoints OPEC director at Iran Oil Ministry

TEHRAN, Aug. 06 (MNA) – Iranian Oil Minister Bijan Zanganeh issued a decree appointing Mohammad Taeb as the director-general of OPEC Affairs at the Iranian Oil Ministry.

Iran no threat to world energy security: Zanganeh

TEHRAN, Jul. 08 (MNA) – Iranian Oil Bijan Zanganeh said that Iran oil is not a threat to global energy security, noting that if this market is at stake, Iran will be affected too.

OPEC will die with these ‘unilateral’ approaches: warns Zanganeh

TEHRAN, Jul. 01 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh said that unilateralism is the biggest threat to OPEC, warning that the body will die if these processes continue.

OPEC 176th meeting rescheduled for July 1

TEHRAN, Jun. 19 (MNA) – 14 members of the Organization of the Petroleum Exporting Countries (OPEC) agreed to change the date of the upcoming OPEC meeting and the OPEC+ assembly from 25 and 26 of June to July 1 and 2, respectively.

Iran conditionally endorses OPEC meeting date change

TEHRAN, Jun. 18 (MNA) – Iran’s oil minister has disagreed with a plan to postpone an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC), saying Iran would confirm rescheduling the upcoming meeting only if it was to be held on July 10-12 from originally June 25.

Iran has no plans to leave OPEC: Oil min.

TEHRAN, Jun. 08 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh said the country has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC).

NPC developing a masterplan for downstream sector

TEHRAN, Jun. 01 (MNA) – The CEO of the National Petrochemical Company (NPC) says the company is preparing a masterplan for developing the downstream petrochemical industries.