Bijan Namdar Zanganeh

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Zanganeh: OPEC must reduce oil production

Zanganeh: OPEC must reduce oil production

OPEC member states should cut crude output to boost prices to a range of $70 to $80 a barrel, the Iranian Oil Minister Bijan Namdar Zanganeh said. However, he does not expect that such a decision will be taken at the next meeting …

Iran introduces new type of investment oil contracts

Iran introduces new type of investment oil contracts

The Iranian government will approve the new model of oil contracts - Iran Petroleum Contract (IPC), the Iranian oil minister, Bijan Namdar Zanganeh, said. The IPC will increase the attractiveness of Iranian oil …

Lukoil prepares to return to Iran

Lukoil prepares to return to Iran

Russia’s Lukoil has expressed readiness to return to the Iranian oil market, Iranian deputy petroleum minister Amir Hossein Zamaninia said. Lukoil’s president Vagit Alekperov met with ...

Iran and Germany to discuss investments

Iran and Germany to discuss investments

Tehran intends to hold serious talks with German businessmen about investments in Iran after the lifting of sanctions. "Iranian and German companies can start talks after the lifting of sanctions in …

Zanganeh: We will return our share to the oil market

Zanganeh: We will return our share to the oil market

Iran intends to restore its position on the oil market after the international sanctions are removed from it, Iranian Oil Minister Bijan Namdar Zanganeh stated. "Once sanctions are lifted we will be able to return …

Tehran almost reject investments in oil production

Tehran almost reject investments in oil production

The Iranian authorities have almost stopped the flow of investments in the oil industry of the country in connection with the collapse of prices for hydrocarbons. The tendency has been observed over the last five years: in 2011-2012 the …

Iran will agree to export oil at any price

Iran will agree to export oil at any price

Iran intends to sell its oil, whatever the prices are in the world markets, said the head of the Ministry of Oil of the Republic Bijan Namdar Zanganeh. "We have to sell our …

No matter what, Iran plans to increase oil production

No matter what, Iran plans to increase oil production

Iran intends to continue to increase oil production, no matter what, in order to maintain its share in the oil market, Iranian Oil Minister Bijan Namdar Zanganeh stated. "We will increase production at any cost, …

Iran and Japan discuss bilateral cooperation

Iran and Japan discuss bilateral cooperation

A two-day visit by a Japanese delegation to Tehran, headed by the Minister of Economy, Trade and Industry Daishiro Yamagiwa, has ended today. Together with the Minister, Iran was visited by heads of major Japanese …

Iran and Azerbaijan discussing swap deliveries of oil

Iran and Azerbaijan discussing swap deliveries of oil

Iran is ready to carry out swap deliveries of Azerbaijan’s oil to the Persian Gulf region, the Iranian Oil Minister Bijan Namdar Zanganeh said at the meeting with Azerbaijan’s Economy and Industry Minister, Shahin Mustafayev. …

Turkmenistan and Iran plan to expand energy cooperation

Turkmenistan and Iran plan to expand energy cooperation

During the visit of a delegation led by Turkmenistan’s deputy prime minister and foreign minister, Rashid Meredov, a meeting was held with Iran’s roads and urban development minister, Abbas Ahmad Akhoundi, who co-chairs the Iranian part of the joint ...