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Nov 2014
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                    Selected News:   
News3

South Pars Annual Revenues at $56b

2014-12-21

TEHRAN Dec 21 (Shana)--Revenues from the giant offshore South Pars gas field reach $56 billion, managing-director of South Pars Gas Complex said.

Masoud Hassani said the revenues are made from the production of 270 mcm/d of gas, 400,000 b/d of gas condensate, 8,000 tons of liquefied petroleum gas, 1,000 tons of sulfur and 5,200 tons of ethane.

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News2

Drilling in Phase 14 of South Pars at 46%  

2014-12-19

TEHRAN Dec 19 (Shana)--Drilling operations in Phase 14 of the giant offshore South Pars gas field have progressed 46 percent, the director of drilling for this phase said.

Hamid-Reza Shafiei said 22 wells are being spudded in platforms A and C.

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News3

NPC Settling Its Foreign Debts

2014-12-19

TEHRAN Dec 19 (Shana)--National Petrochemical Company (NPC) is regularly reimbursing its debts to foreign banks and financers, a top petrochemical official said.

Issa Mashayekhi said NPC has so far repaid some $4.5 billion to foreign lenders and that it has still to pay $1.5 billion.

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