Showy MoUs Have Grounded Iran LNG Project

Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.

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We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

The head of the Process Engineering Group of the Technical Standards and Regulations Department of the General Directorate of the Technical, Executive and Evaluation System of the Engineering, Research and Technology Department of the Ministry of Oil said: "To become an energy hub in the region, we must achieve world-class technology so that we can compete with companies such as Aramco and Qatar Petroleum."
Iran halts gas exports to Iraq

Iran halts gas exports to Iraq

The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.
Oil production increased in Arvandan

Oil production increased in Arvandan

Arvandan Oil and Gas Company successfully completed a complex operation in North Gaspé and brought several closed and salt wells back into production.