
Director of supervision and coordinating production at the National Iranian Oil Company (NIOC) said the upstream sector is fully prepared to meet fuel needs in winter. The NIOC’s official, Amir Masoud Jabbari Rad, said efforts are underway in upstream sector to guarantee supplying enough fuel in winter amid NIGC, refining and petrochemical sectors efforts to produce and storing a desirable level of fuel for winter. We will do all we can to supply enough fuel for cold days, he said adding we hope to leave behind upcoming winter without any problem as we did last year, he told Shana. He further referred to Petroleum Minister’s emphasize on paying special attention to the issue stating rising gas output assures that the country will face no problem in providing fuel in winter. Petroleum ministry has held various sessions on the issue dating back to summer in order to assess the status of output, consumption and storage. Currently total gas production of the country stands at 700 million cubic meters per day of which Iran’s Central Oil Fields Company (ICOFC) and South Pars Gas Complex each account for production of 300 mcm/d while the remainder is being provided through gathering associated gases in oil fields located south of the country. Round the clock efforts for launching South Pars gas field phases 15 and 16 and part of phase 12 before coming winter is part of efforts under way by Ministry of Petroleum to assure providing fuel needs in winter.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor