The Iranian Parliament has withdrawn a motion to impeach Oil Minister Bijan Namdar Zanganeh a month after he was accused of ignoring the will of lawmakers before announcing a controversial fuel price hike.
Iranian Minister of Petroleum Bijan Zangeneh says Tehran has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC), criticizing certain member states for politicizing the group to counter two OPEC founding members--Iran and Venezuela.
Senior officials from Iran and Germany attended a joint economic session here on Monday after a closed-door meeting by Iranian Oil Minister Bijan Namdar Zangeneh and the visiting Deputy to Chancellor of Germany Sigmar Gabriel.
Indonesian Minister of Energy and Mineral Resources Sudirman Saeed said on Thursday that he would visit Iran, Iraq, Kuwait, Russia and Azerbaijan Republic for consultations to acknowledge the Indonesian decision to rejoin OPEC after six years.
Oil Minister Bijan Namdar Zangeneh said on Thursday that production of natural gas in Iran’s South Pars gas field will increase to 100 mcm by the end of the current Iranian calendar year (ending on March 20, 2015).
Oil Minister Bijan Namdar Zanganeh Thursday said Dehloran gas refinery (NGL 3100) will be built with a fund of $1.5 billion. The minister made the remark on the sidelines of his visit to the oil-rich areas in the city of Dehloran, west of Iran.
Iranian Oil Minister Bijan Namdar Zanganeh says the Islamic Republic gives priority to foreign companies that would negotiate to invest in the country’s oil and natural gas sectors prior to a final deal between Tehran and six world powers.