Uzbekistan Eager to Buy Iran Oil
Iran's Minister of Petroleum Bijan Zangeneh met with the visiting Uzbek deputy Prime Minister, Alisher Sultanov, in Tehran.
After the meeting, Zangeneh said: "Iran is eager to develop relations with this country in different sectors."
"This was the second meeting with Uzbek officials in one month, and these meetings are mainly focused on oil and downstream sectors," he added.
Zangeneh said Uzbekistan was willing to invest in Iran's upstream oil and petrochemical sector.
Noting that Uzbekistan is willing to buy oil from Iran, he said: "The issue of oil purchase could be the first step for the expansion of cooperation between the two countries, which may come to fruition before other issues."
Zangeneh said negotiations on Iran's oil sales to Uzbekistan would be followed up on by the Directorate for International Affairs of National Iranian Oil Company.
Uzbekistan, a breakaway republic of the former Union of Soviet Socialist Republics, shares border with Afghanistan, Tajikistan, Turkmenistan, Kyrgyzstan and Kazakhstan.
Uzbekistan Eyes Iran Petchem
Reza Norouz-Zadeh, CEO of Iran's National Petrochemical Company, said after his meeting with Sultanov that Uzbekistan would like to invest in Iran's petrochemical industry, particularly in converting methanol to olefin.
"Although the Uzbeks have rich gas resources they are willing to invest in areas which, in addition to being rich in gas, would have access to high seas," he said.
Norouz-Zadeh said all "investee petrochemical projects" whose preliminary studies have been concluded would be introduced to Uzbekistan for consideration.
Early Recovery from South Yaran
Early recovery of 10,000 b/d has started from South Yaran oil field in western Iran, a senior official says.
CEO of Petroleum Engineering and Development Company Nouroddin Shahnazizadeh said the early production started from six wells.
"The South Yaran field is located between Iraq's Majnoun and Iran's South Azadegan. The 10,000 b/d of oil produced at South Yaran is immediately transferred to Manifold 7 of South Azadegan field before being delivered along with the South Azadegan oil to export terminals," he said.
Shahnazizadeh said 18 wells had been drilled in this jointly owned field by National Iranian Drilling Company (NIDC) and domestic contractors.
He added that 15 wells were located in the Sarvak layer and three others in the Gadvan layer.
Shahnazizadeh said arrangements were being made for the signature of a deal for the integrated development of North Yaran and South Yaran oil fields between the National Iranian Oil Company (NIOC) and the Persia Oil and Gas Industries Development Company.
He said that integration of the two fields would be done within the framework of a heads of agreement.
Iran shares South Yaran with Iraq. The field is located 130 kilometers southwest of the oil-rich city of Ahvaz.
South Yaran holds 645 million barrels of oil in place. The NIOC provides finance for its development.
Singapore Signs Deal to Study Iran Field
Singapore-based Berlanga Group has signed a memorandum of understanding and a non-disclosure agreement with the National Iranian Oil Company (NIOC) to study Iran’s Dalpari Oilfield in the western Ilam Province.
The agreement was signed in Tehran by Shyngys Kulzhamov, the head of Berlanga, and Ramin Hatami, managing director of Iranian Central Oil Fields Company, in the presence of Gholam-Reza Manouchehri, deputy CEO of NIOC for development and engineering affairs and David Walker, managing director of Berlanga.
The West Oil and Gas Production Company, a subsidiary of ICOFC, operates the field and its oil is delivered to Cheshmeh Khosh operation zone through a 28-kilometer, 8-inch pipeline.
NIOC has already concluded MoUs with Austria’s OMV and Thailand’s PTTEP for undertaking surveys on the oilfield.
Dalpari is an underdeveloped oilfield, although its discovery dates back to almost four decades ago. Data show that Ilam holds 11% of Iran’s total oil and gas reserves.
Iran Raises Petchem Exports to Turkey
The head of Petrochemical Downstream Industry Development Department has said that the tariffs levied on Iran's export of petrochemicals to Turkey would decline.
"Negotiations are under way between the two countries and we hope that we would reach agreement for increasing petrochemical exports to Turkey," Reza Mohtashamipour said.
He added that Turkish officials expressed their readiness to modify tariffs levied on Iran's petrochemical exports to Turkey.
Mohtashamipour said 10 items of petrochemical products had been proposed for tariff modification, adding that five items were added to the list throughout talks with Turkish officials.
He said that bottle PET, tissue PET, TDI, polypropylene copolymer and polystyrene were the five new products added to the list for tariff reduction.
Mohtashamipour said that polyethylene, methanol and urea were already on the list.
Romania Ready to Build Equipment for Iran
Iran's deputy minister of petroleum Amir-Hossein Zamani-Nia said Romania would be ready to manufacture equipment for Iran's oil and gas industry.
He made the remarks after meeting Chairman of Iran-Romania Parliamentary Friendship Group Virgil-Daniel Popescu.
"This country is willing to receive gas from Iran and on this basis we discussed options for cooperation in this field," Zamani-Nia said.
He said Romanian companies had expressed willingness to get involved in Iran's petroleum industry projects.
"They have also expressed readiness to manufacture oil and gas equipment and cooperate with Iranian companies," said Zamani-Nia.
Since the first administration of President Hassan Rouhani took office in 2013, meetings at various levels have been held between Iranian and Romanian officials for cooperation in the oil, gas and petrochemical industries.
Romania is a sovereign state located in Southeastern Europe. It borders the Black Sea, Bulgaria, Ukraine, Hungary, Serbia, and Moldova. With almost 20 million inhabitants, the country is the seventh most populous member state of the European Union.