TEHRAN, Jul 8 -Iran’s oil minister Bijan Namdar Zanganeh has said that the country is seeking to put an end to ambiguities surrounding China’s presence in a major investment project in South Pars gas field .
Tehran, YJC. Hormoz Qalavand, Managing Director of the National Iranian Oil Company’s (NIOC) Exploration Department said on Sunday a huge natural gas reserve has been discovered in south of Iran.
Tehran, YJC. Deputy Oil Minister says Iran needs to allocate $1 billion a month to the South Pars oil field and that each day the expansion operations halted will cost $100 million.
Tehran, YJC. After delays in South Pars expansion, the Hengam project for increasing oil production was inaugurated on Thursday as the President’s only project in this field .