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                    Selected News:   

Iran receives frozen assets installments


TEHRAN Nov 26 (Shana)--Iran has received the thirteenth and fourteenth installments of its assets, which had been frozen oversees due to the sanctions imposed on the country.

The Central Bank of Iran (CBI) received the installments as part of the second phase of the unblocking of the country’s frozen assets, agreed on between the Islamic Republic and world powers under an interim nuclear accord last year.

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Bidboland Refinery Output to Hit 8 bcm  


TEHRAN Nov 26 (Shana)--Bidboland gas refinery is predicted to process 8 bcm of gas this calendar year to March 2015, up from last year’s 7.8 bcm, the refinery’s manager said.

Ali-Mohammad Pour-Reza said 5.5 bcm of gas was produced in the refinery during the first eight months of the year, up 20 percent from a year before. He said that four desalting units are processing 27.2 mcm/d of gas in the refinery, adding that the facility is expected to be able to produce up to 30.5 mcm/d of gas.

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SP Phase 12 Feeds IGAT


TEHRAN Nov 26 (Shana)--The injection of processed gas from Phase 12 of South Pars gas into gas trunklines has started, the official in charge of Phase 12 development said.

Rasoul Fallahnejad said sour gas has been pumped out from phases 6-8 of the giant offshore field to the refinery of Phase 12 for treatment.

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