Bijan Namdar Zanganeh

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SOCAR may take part in oil and gas projects in Iran

SOCAR may take part in oil and gas projects in Iran

A delegation led by President of SOCAR Rovnaq Abdullayev met with Iran's oil minister Bijan Namdar Zanganeh, APA reports. According to SOCAR’s website, the two sides discussed the current …

Russia to Buy Iranian Crude Oil

Russia to Buy Iranian Crude Oil

Tehran and Moscow are close to signing an agreement for the export of 100,000 barrels per day of Iranian oil to Russia, Oil Minister Bijan Namdar Zanganeh said on Tuesday. "The two sides will seal an agreement on oil export to …

Iran to present oil and gas contracts in Russia

Iran to present oil and gas contracts in Russia

The Iranian delegation will arrive in Russia to present the conditions of oil and gas contracts to Russian companies -the Russia Energy Minister Alexander Novak said following his talks with the Iranian Oil Minister Bijan …

Iran prepares to begin oil production at South Pars field

Iran prepares to begin oil production at South Pars field

Iranian Oil Minister Bijan Namdar Zanganeh said that Islamic Republic will begin oil production at South Pars field by the end of the current fiscal year (March 21, 2017). According to him, considering the conditions of …

Zanganeh: OPEC output cut should be extended

Zanganeh: OPEC output cut should be extended

Iranian Oil Minister Bijan Namdar Zanganeh said OPEC should cut crude production "a bit more" in the second half of 2017, Fars news agency reported. Zanganeh added that data showing compliance on the part …

Iran gives 7 oil projects to Russia

Iran gives 7 oil projects to Russia

Iran plans to assign development of seven oil fields to Russian companies, Iran’s Oil Minister Bijan Namdar Zanganeh said, explaining that Russian companies would develop and increase the recovery rate of the fields. …

OPEC demands Russia to cut oil output

OPEC demands Russia to cut oil output

OPEC will continue to insist on Russia cutting, not just freezing oil production after the organization finalizes its own agreement, the Saudi Energy Minister Khalid al-Falih said before the OPEC meeting. "A freeze …

Iran, Iraq Oil Ministers said to skirt energy talks with Saudis

Iran, Iraq Oil Ministers said to skirt energy talks with Saudis

Iraq’s oil minister will bypass energy talks this week in Qatar, where rival producer Saudi Arabia plans to hold talks with Russia on possible collective action to limit production. His Iranian counterpart is also said to be giving the …

Zanganeh: oil market reacts positively to OPEC decision

Zanganeh: oil market reacts positively to OPEC decision

Iranian Oil Minister Bijan Zanganeh said that the oil market has positively reacted to the decision made by members of the Organization of Petroleum Exporting Countries (OPEC) at their informal meeting in Algeria. …

Iran needs $100 billion investment to develop oil sector

Iran needs $100 billion investment to develop oil sector

Iran needs more than $100 billion investment to develop its oil sector, Iranian Oil Minister Bijan Zanganeh said on the sidelines of a ceremony for inking a contract between the National Iranian Oil Company (NIOC) and Persia Oil …

Iran, Iraq agree to connect oil pipelines

Iran, Iraq agree to connect oil pipelines

Iran and Iraq have agreed to connect their oil pipelines, Trend reported citing Fars. According to the report, the agreement was achieved between Iran’s Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart …