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Despite oil sanctions, Iranian petrochemical manufacturers have managed to find new markets and have invested in the downstream sector to earn Iran hard currency revenue. Upgrading the quality of refined products has always been a key issue with treatment facilities. These projects have been highlighted in the 7th National Economic Development Plan. Minister of Petroleum Javad Owji has said under the 13th administration, flare gas gathering had increased from 2. Kish Island is a It is 87 km from Siri Island and km from Qeshm Island. He expressed hope that Alvand Rig would be ready in two years to allow for an output hike from the Siri oil field. The following is the full text of the interview he gave to Iran Petroleum. Iran has managed to increase its crude oil and gas condensate exports over the past 20 months by adopting active energy diplomacy despite international sanctions against its petroleum industry. Sepehr and Jofeir oil fields, located in West Karoun, are among the independent Iranian fields in the cluster and are set to come online soon. The 13th administration is developing both independent and shared fields as part of its plan to boost its power of haggling in global oil markets. The Tehran oil refinery plans to build an integrated petrochemical plant in line with the global perspective of refined petroleum products. Due to its proximity to the Iranian capital, the facility is also planning to upgrade the quality of its products by establishing a continuous catalytic reforming CCR unit. CCR is a chemical process that converts petroleum refinery naphtha distilled from low-octane oil into high-octane liquid products called reformates, which are premium blending stocks for high-octane gasoline. The average output of Iranian oil wells is 1. Since the bulk of oil wells in Iran have already reached the second half of their lifecycle and would continue to see their production fall, the National Iranian Oil Company NIOC decided in to engage local technological companies to rehabilitate shut-in and low-yield wells. National Iranian Oil Engineering and Construction Company NIOEC is tasked with operating infrastructure projects in the downstream oil sector including refining, storage, transport, and distribution of crude oil and petroleum products in Iran. With more than seven decades of work in infrastructure refining, NIOEC has developed special potential in handling such projects, rendering Iran independent of foreign companies. Iran has faced tough US sanctions since when the Trump administration scuppered the nuclear agreement signed between Iran and six world powers. Ever since the 13th administration took office two years ago, Iran has focused on expanding its ties with neighboring countries and has doubled its petrochemical exports. He said Iran had diversified its international mix of petrochemicals. So far, wells have been drilled in the six reservoirs while according to a production plan, MOGPC is proceeding with output hike measures up to the end of the current calendar year by carrying out development and workover activities. However, the decline in production levels is not ruled out due to overhaul programs. He also said that the Maroun reservoir was one of the most sophisticated and attractive reservoirs in the world, requiring cutting-edge technology and investment. Nasseri said foreign companies would be welcome to cooperate in developing the Khami, Amsari, and Bangestan layers of the Maroun field, promising a good rate of return on investment. The Resalat oil field was damaged twice under Iraqi oil strikes during the war. Phase 1 is expected to treble the Resalat output while Phase 2 eyes a sevenfold increase in its output. Minister of Petroleum Javad Owji has said Iran would be open to any foreign investment in the petroleum industry. It recently rose to 3. Completing the value chain of the petrochemical industry is crucial for Iran. From the standpoint of value creation, it would be possible to enhance national revenue by supplying petrochemical products of high value-added. On the other hand, it would be possible to develop the petrochemical industry to end dependence on imports for supplying domestic needs, which would in turn reduce dependence on crude oil and natural gas sales. The petrochemical projects operated under the 13th administration are all aimed at value chain completion. Implementation of these projects would result in the supply of 21 products in line with the value chain completion. National Petrochemical Company NPC expects to accelerate implementation of these projects by engaging holdings and investors. Petroleum industry is a key sector in the Iranian economy. Iran has been trying its best to benefit from its giant hydrocarbon resources to realize its objectives set out in its development plans. Along with sustainable oil and gas production, Iran been instrumental in global energy supply. It may not be eliminated from global energy trading as it continues to play an effective role in this sector. South Pars refineries have processed over 2, bcm of natural gas during the past 26 years. Turkey has made major energy finds over recent years thanks to exploration technology. It has discovered huge natural gas and crude oil reserves off the North Sea and the East Mediterranean. That can have a significant impact on the Turkish economy because this country, which has been known as an importer of oil and gas, can now transform its internal and external economy. Of course, in the meantime, Turkey is faced with problems and challenges with regard to extracting and exploiting its energy resources. The Iranian Ministry of Petroleum has adopted a new plan to sweeten terms of oil and gas contracts. The advantage with this new policy is that the procedure is reduced and companies receiving such licenses might no longer need to sign any contract. Quality upgrading at 9 refineries Upgrading the quality of refined products has always been a key issue with treatment facilities. Planning to capture 2 bcf of flare gas The Iranian Ministry of Petroleum has extensive plans for associated petroleum gas APG gathering. Drilling rigs repaired on Kish Island Kish Island is a Karoun oil output set to rise Sepehr and Jofeir oil fields, located in West Karoun, are among the independent Iranian fields in the cluster and are set to come online soon. Tehran refinery to integrate petrochemical plant The Tehran oil refinery plans to build an integrated petrochemical plant in line with the global perspective of refined petroleum products. New contractual framework for low-yield wells The average output of Iranian oil wells is 1. NIOEC rivaling foreigners in Venezuela refinery renovation National Iranian Oil Engineering and Construction Company NIOEC is tasked with operating infrastructure projects in the downstream oil sector including refining, storage, transport, and distribution of crude oil and petroleum products in Iran. New products at Iran petchem mix Iran has faced tough US sanctions since when the Trump administration scuppered the nuclear agreement signed between Iran and six world powers. Older than a year. Petchem value chain completion easy task Completing the value chain of the petrochemical industry is crucial for Iran. Iran, potential key player in oil market Petroleum industry is a key sector in the Iranian economy. SPGC value chain completed South Pars refineries have processed over 2, bcm of natural gas during the past 26 years. Turkey economy and energy exploration Turkey has made major energy finds over recent years thanks to exploration technology. EI report shows 4. Quality upgrading at 9 refineries. CIS potential market for Iran catalysts. Planning to capture 2 bcf of flare gas. Drilling rigs repaired on Kish Island. Karoun oil output set to rise.

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Buying coke Ahvaz

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Buying coke Ahvaz