The executive of the Azar Oil Field Development Plan said: "With the announcement of the readiness of the Cheshmeh Khosh Gas and Liquefied Gas Plant (NGL 3100) to receive high-pressure gas from early November, the Azar Oil Field Development Plan has taken an important step towards the sustainable and optimal exploitation of associated gases, and the fourth-tier compressors for boosting the pressure of this field have entered the operation circuit."
A follow-up meeting on the implementation of the Memorandum of Understanding of the Iran-Russia Joint Economic Commission was held with the presence of the Deputy Minister of Oil and representatives of executive agencies. The meeting emphasized accelerating the implementation of the approvals, removing obstacles to cooperation, and preparing for the 19th Joint Commission by the end of the year.
Turbopump No. 3 of the Persian Gulf Oil Terminal's crude oil export terminal was successfully repaired with the efforts of the terminal's expert staff.
As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.
During the Ahmadinejad administration, some people without the necessary expertise entered the case and made wrong decisions. While, according to documents, some Iranian lawyers received between one and one and a half percent of the export amount as a fee. In contrast, the Emirati side had offered a much lower figure, around 8 cents per unit of gas.
The executor of the Gore-Jask crude oil pipeline construction project said: "Relying on the power of knowledge-based companies and domestic manufacturers, Matan Company succeeded in localizing the technical knowledge of casting the body of 42-inch centrifugal pumps."
The National Iranian Drilling Company announced that 72 oil wells were completed in the first half of this year, an increase of 20 compared to the same period last year.
Following Ukraine's attacks on Russian oil refineries and the reduction in the country's fuel exports to Central Asia, Iran has a unique opportunity to fill Russia's void in regional markets. But can Iran seize this opportunity despite sanctions and domestic challenges?
With the successful launch of the F43 well in the Yadavaran joint field, the plan to increase production in this field has entered the implementation phase. As the first of 24 new wells, this well has achieved sustainable production by relying on domestic capacity and complying with safety and environmental requirements.
The Abadan Refinery, as the first and largest oil refinery in the Middle East, with a history of over a century, continues to play a key role in supplying petroleum products to Iran and the region. At its peak, the refinery became the largest refinery in the world, with a refining capacity of 520,000 barrels per day, and is a symbol of the self-sufficiency and resilience of the Iranian oil industry.