Trial Version
FA Friday, February 22, 2019
Iranian Minister of Petroleum Bijan Zangeneh said oil was discovered in the countrys southwestern Abadan region for the first time.
The National Iranian Oil Company (NIOC) is planning to issue Rls. 30,000 billion in fixed rate bonds by the end of the current calendar year to March 20 in order to finance projects aimed at maintaining and enhancing production capacity of oil and gas fields.
Iranian Central Oil Fields Company Signed 3 Contracts with Local Firms for Maintaining, Enhancing Oil Production capacity of a number of ICOFC fields in three operational regions.
A senior official with the National Iranian Oil Company (NIOC) said the company viewed northern oil-rich regions as a priority just like southern areas for development of the oil industry.
A senior Iranian energy official said the country was supplying a total of 800 million cubic meters/day of natural gas or 5 mbd of oil equivalent.
The Iranian minister of foreign affairs said Tehran would welcome investments by Indians in Iran’s oil, gas and petrochemical projects.
Oil ministry