0839 GMT June 28, 2022
|
Iran’s Oil Minister Bijan Namdar Zanganeh said rising international oil prices won’t benefit producers in the long-run as he warns against impacts of the prices on the oil production economy.
|
|
Iran’s oil minister said the country has the capacity to increase its crude production rapidly, as world powers enter the final stages of negotiations to revive a 2015 nuclear accord with the Islamic Republic.
|
|
Iranian and Afghan officials signed an agreement on border cooperation after the end of a five-hour meeting on Saturday.
|
|
Iran has expanded its energy pipeline network by 933 kilometers as the country aims to reduce costs related to the transportation of petroleum and gas products.
|
|
Iranian oil minister said the country’s oil and natural gas industries have developed considerably since the victory of the 1979 Islamic Revolution of Iran.
|
|
Iran’s oil exports have climbed in recent months and its sales of oil products to foreign buyers reached record highs despite US sanctions, the oil minister said on Friday.
|
|
Foreign energy contractors and project developers can return to Iran, but they will have to agree to Tehran’s new conditions, said Oil Minister Bijan Namdar Zanganeh.
|
|
Iranian Oil Minister Bijan Namdar Zanganeh said a decision by an international grouping of oil producers known as OPEC+ to slightly narrow supply cuts agreed for January would not have a significant impact on global prices.
|
|
Iran’s Minister of Oil Bijan Namdar Zangeneh called Russia a “strategic partner” during a visit to Moscow and invited Russian companies to invest in the Islamic Republic.
|
|
Despite US sanctions against Iran’s oil industry, the country’s oil production has never stopped, said Iranian Oil Minister Bijan Namdar Zanganeh on Monday.
|
|
Iranian Minister of Oil Bijan Namdar Zanganeh said that the crude oil output cuts will decrease from previously-agreed amount of 7.7 million barrels per day (mbd) to 7.2 mbd in January 2021, adding it was a wise decision.
|
|
Iranian Oil Minister Bijan Namdar Zanganeh supported calls within the Organization of Petroleum Exporting Countries (OPEC) for continued cuts to global supply of crude, saying the oil cartel is right to be cautious about the future of a market which has been deeply affected by the spread of the coronavirus pandemic.
|
|
Iranian Oil Minister Bijan Namdar Zanganeh said the Iranian energy sector has made outstanding achievements despite all geostrategic challenges.
|
|
Iran’s oil industry will not succumb to sanctions imposed by the United States, Oil Minister Bijan Namdar Zanganeh said on Monday.
|