By the end of this year, 5 large petrochemical projects will be put into operation

By the end of this year, 5 large petrochemical projects will be put into operation

The Minister of Oil announced the operation of 5 large petrochemical projects by the end of this year and said: The Ibn Sina Petrochemical Project in Hamadan was approved in 2003 during the visit of the Supreme Leader of the Islamic Revolution to this province, but it remained undecided until recently with a value of one billion dollars.
The value of current projects in the Ministry of Oil is 76 billion dollars

The value of current projects in the Ministry of Oil is 76 billion dollars

Pointing out that in the 13th government, a total of 182 projects worth 76 billion dollars are underway in the oil industry with the aim of increasing upstream and downstream production capacity, he said: In this government, half-finished projects worth 28.5 billion dollars, which are mainly The upstream and downstream projects of the oil industry were completed and put into operation.
The embargo on Iran’s oil exports has not been lifted

The embargo on Iran’s oil exports has not been lifted

Emphasizing that there is no more news about the freezing of the sold crude oil shipments and the storage of gas condensate, the oil minister said: According to the American senators, no discount or lifting of sanctions has been done in the field of selling and exporting Iranian oil.
Iran does not miss its share in Arash Square

Iran does not miss its share in Arash Square

Referring to the negotiations of the Ministry of Foreign Affairs regarding the development of the Arash field, the oil minister said: We expect to resolve the issues related to this field through negotiations with the Kuwaiti side. The Islamic Republic of Iran does not miss its share in Arash Square.
Compensating the gas imbalance in winter by operating phase 11 of South Pars

Compensating the gas imbalance in winter by operating phase 11 of South Pars

Pointing out that phase 11 of the South Pars common field is the most border phase of this field, the oil minister said: by operating phase 11, in addition to compensating the gas imbalance in winter, gas migration to the neighboring country (Qatar) was also prevented. According to Energy Press, Javad Oji pointed out that

Last year, 16 billion dollars worth of petrochemical products were exported

Last year, 16 billion dollars worth of petrochemical products were exported

Referring to the annual production capacity of 92 million tons of the country’s petrochemical industry, the Minister of Oil said: Last year, $16 billion worth of petrochemical products were exported. According to Energy Press, Javad Oji today (Monday, 6th of Shahrivar) during the ceremony of the official start of gas extraction from Phase 11 of