Referring to the start of the installation of the first platform of Phase 11 of South Pars, Iran's Oil MinisterBijan Namdar Zangeneh said, "Although this project is not a big project compared to other oil projects, it shows that the development of Iran's oil industry will not stop in the face of sanctions.”
An Iranian company will continue the development of Phase 11 of the South Pars (SP) Gas Field in southern Iran as the French company Total and the China National Petroleum Corporation (CNPC) dropped out of the project, the oil minister announced.
Iran’s culture minister said on Monday that he expects the current administration to provide the people of the media, arts, and culture with assistance to help them cope with damages they incurred by the pandemic.
A Paris court on Wednesday sentenced two men to prison terms of seven and 11 years for their role in a bizarre money-raising scam that involved impersonating a French government minister, sometimes using a silicone mask.
Members of the Organization of the Petroleum Exporting Countries (OPEC) have agreed to fresh cuts to the global oil production, says Iran’s Oil Minister Bijan Namdar Zanganeh, adding that the country would remain exempt from the cuts described as the deepest since the 2008 global financial crisis.
Iran is seeking to exponentially increase output from oilfields shared with Iraq, says the country’s oil minister, as the Arab country goes on with massive development plans in a field located near the Iranian border.