Iran processes 27mcm of condensates in 11 months

Baku, Azerbaijan, March 5

By Fatih Karimov - Trend:

Iranian refineries processed over 27.8 million cubic meters (mcm) of gas condensates during the 11-montn period from March 2015.

The figure indicates a rise by 20 percent compared to the first eleven months of last Iranian fiscal year(ended March 21, 2015), Abdolhossein Samari, an official with National Iranian Gas Company (NIGC) said, the oil ministry's official SHANA news agency reported March 5.

Iran's refineries also produced more than 917,000 tons of sulfur during the first 11 months of the current Iranian fiscal year (March 21, 2015- Feb. 20), the official added.

The figure indicates an increase by seven percent compared the same period of preceding year, Samari, who serves as deputy head of the National Iranian Gas Company said.

The official added that about 2.515 million tons of LPG as well as 1.465 million tons of ethane were produced in the refineries in 11-month period, he said.

The LPG and ethane output witnessed rise by 35 and eight percent respectively compared to the same months of preceding year, he added.

The official further said that Iranian refineries processed 162.5 billion cubic meters (bcm) of gas during the first 11 months of the current Iranian fiscal year.

It should be noted that the Islamic Republic holds 33.6 trillion cubic meters of proved gas reserves, sharing 18 percent of total global gas reserves which puts the country in the top of the world's gas holders list.

Azerbaijan confirms 572 new COVID-19 cases
Azerbaijan confirms 572 new COVID-19 cases
Southern Gas Corridor CJSC’s assets up
Southern Gas Corridor CJSC’s assets up
Azerbaijani gymnasts congratulate policemen on professional holiday (VIDEO)
Azerbaijani gymnasts congratulate policemen on professional holiday (VIDEO)
Loading Bars
Latest
Azerbaijan confirms 572 new COVID-19 cases
Georgia's National Bank carries foreign exchange intervention to stabilize lari
Public services digitalization leads to indirect economic effects in Kazakhstan
Southern Gas Corridor CJSC’s assets up
Data on cargo transshipment from Kazakhstan via ports of Turkey announced
Turkmenistan’s Demiryollary to buy materials for track superstructure via tender
Georgia makes changes in preferential agro-credit system for food industry
Azerbaijani gymnasts congratulate policemen on professional holiday (VIDEO)
New opportunities from UNEC for those who want to study Design (PHOTO)
Demand for notes of Azerbaijan's Central Bank surpasses supply
Turkey discloses volume of cargo transshipment through Antalya port
Azerbaijani Agriculture Ministry talks issuing subsidies to farmers
Georgia expands agriculture support programs
Turkmenbashi Complex of Oil Refineries opens tender for feasibility study preparation
Azerbaijani banks' demand at CBA's foreign exchange auction rises
EBRD reveals total investments volume in Turkmenistan
Payment card turnover increases in Azerbaijan
U.S. trade deficit widens as exports fall to lowest level since 2009
Azerbaijan sees growth in volume of deposits
Kazakh president makes amendments to laws on ensuring internet accessibility
Ryanair resumes flights from Greece after four-month grounding
Georgia decreases live chickens export to Azerbaijan
Bank lending on rise in Azerbaijan’s capital and districts
Azerbaijan working on optimizing usage of excess energy
Japan significantly raises import of Kazakh-made goods
Get 4G MiFi device and 3 months of 10 GB internet for just 119 AZN from Azercell!
Kazakhstan, Turkey to cooperate in SMEs development
Turkey's trade turnover with France shrinks
Geological exploration in Kazakhstan to be held over next 4-5 years
Georgian ambassador: Southern Gas Corridor to bring additional investments
Amount of mortgage loans issued by Azerbaijani banks drops
UK says significant differences remain on Brexit free trade deal
Turkey not ruling out leaving Istanbul Convention
Iran reveals housing units built within Mehr Housing Project
Georgia, Azerbaijan to hold another business forum - ambassador
Italy's Prada sales in Asia up double-digit, trend will continue - CEO
Uzbekistan's Uzbekneftegaz overhauls natural gas well in Karakalpakstan
Several airlines to carry out charter flights to bring Georgian citizens home
Uzbekistan may implement joint projects with Spanish Inditex company
Volume of cargo transshipment from Portugal via Turkish ports revealed
Uzbekistan's COVID-19 cases nearing 9,000
Real estate expert talks car prices in Azerbaijan following fuel price rise
Kazakh-Turkish JV opens tender to buy wells piping spare parts
Tesla beats vehicle delivery estimates for second quarter
Singapore's companies mostly operate in Kazakhstan's trade sector
Uzbekistan launches paper production facility
Tender on building overhaul opens in Azerbaijan's Gabala
Entrepreneurs in Azerbaijan to receive loans under state guarantees
EBRD to provide new loan for Turkmenistan's construction sector
Turkey's five-month cargo transportation to Ukraine almost doubles
Azerbaijan's Entrepreneurship Development Fund reveals amount of issued loans
Azerbaijan’s energy minister: It is important to continue expanding OPEC+ format
Ambassador talks cooperation between Azerbaijan, Georgia to increase transit potential
American Airlines warns of 25% drop in international capacity in 2021 summer
Azerbaijan marks growth in number of debit cards
Loan term extended for entrepreneurs in several spheres of Azerbaijani agricultural sector
Geostat: Bulgaria ranks third among largest importers of Georgian products
Chemical fertilizer production plants in Iran's Bushehr province resume operations
Azerbaijan reveals data on lending to economy
Azerbaijani president makes phone call to Russian president
Turkish BOTAS announces volume of oil shipment from Ceyhan terminal
Uzbekistan, US may establish joint investment fund
Liberty Steel Hartlepool updates on work at Umid field
IRENA to partake in Azerbaijan's bioenergy mapping
Banks of Uzbekistan to sell gold bullions
Iran's AEO spokesman talks Natanz nuclear facility damage following accident
Ambassador: SOCAR actively participates in gas supplies for Georgia's new projects
Amount of problem loans down in Azerbaijan
Uzbekneftegaz increases gas production in Uzbekistan's Karakalpakstan
Iran reveals its COVID-19 data for July 2
Turkmenistan working with USAID to find best solutions agricultural pests
Uzbekistan to take measures to further improve agricultural management system
Kazakhstan's renewable energy to benefit from long-term power system dev't scenarios
Uzbekistan intends to issue Eurobonds in national currency
Azerbaijani, Afghan, Turkmen presidents meet through videoconferencing (PHOTO)
USAID intends to strengthen energy co-op with Turkmenistan
Kazakhstan introduces new standards for halal goods production
Bank deposits in Azerbaijani regions mostly made in national currency
Turkmenistan working to obtain status in WTO
Turkmengas strengthens production of enterprises with new equipment, vehicles
Kazakhstan's oil & gas company to buy oils via tender
SOCAR talks construction of new structures at Heydar Aliyev Oil Refinery
President Ilham Aliyev makes Facebook post on occasion of Day of Police (PHOTO)
First Vice-President Mehriban Aliyeva congratulates Azerbaijani policemen on their professional holiday (PHOTO)
Italy May jobless rate rises to 7.7% as people resume work search after lockdown
Azerbaijan to simplify its int'l road transport movement with new e-technology
Kazakhstan changes recommended rates on deposits in national currency
Azerbaijani oil up in price
Russia's coronavirus case tally passes 660,000
SOCAR Petroleum commissions new filling station in Azerbaijan
SOCAR talks modernization work at Heydar Aliyev Oil Refinery
Precious metals prices grow in Kazakhstan
McDonald's to pause U.S. reopening of dine-in services by 21 days
Kazakhstan re-introducing anti-COVID quarantine as infections increase
Gold price drops in Azerbaijan on July 2
Azerbaijani State Oil Fund's investments in foreign real estates rise
Georgia reports 8 new cases of coronavirus
Baku records increase in average monthly salary
India's coronavirus cases cross 600,000 amid easing of lockdowns
Azerbaijani currency rates for July 2
All news