National Iranian Oil Company
TEHRAN Mar 08 (Shana) - A senior official from the Iranian Ministry of Petroleum said the ministry approves of the latest revisions to privatization plan for petroleum companies provided by the Iranian Privatization Organization (IPA).
Deputy Oil Minister for Planning and Supervision of Hydrocarbon Reserves Mansour Moazami said on Saturday that the ministry has reached a settlement with the IPA regarding privatization of numerous petroleum companies in the country.
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TEHRAN Mar 08 (Shana):Yadavaran oil field is expected to be producing 85,000 b/d later this year, managing-director of Petroleum Engineering and Development Company (PEDEC) said.
Abdorreza Haji Hosseinnejad said the field’s production is forecasted to reach 50,000 b/d in the coming days.
SHANA: Iranian Foreign Minister Mohammad Javad Zarif says Tehran can be a reliable supplier of energy resources for Spain and other European countries.
Speaking during a meeting with Spanish Foreign Minister Jose Manuel Garcia-Margallo in Tehran on Sunday, Zarif said that there are numerous capacities for cooperation between Iran and the European Union (EU) countries in the current political atmosphere and the potentials should be utilized.