Iran's energy sector review

Iran has 15 joint oilfields with its Arab neighbors The joint oilfields' production accounts for less than 10 per cent of Iran's current total oil output. The development process of Iran's three joint oilfields with Saudi Arabia including Arash, Esfandiar, and Farzad is currently slow, the Managing Director of National Iranian Oil Company Roknoddin Javadi said, adding that Iran currently produces 252,000 barrels of oil at its joint oilfields with neighboring counties. Javadi told the Iranian Mehr News Agency on January 24 that the country also produces 283 million cubic meters of gross gas at its joint [South Pars] gas field. Iran produces some 283 million cubic meters of gross gas per day at 10 phases of the gas field. Some 200 million cubic meters of the mentioned amount is being transferred to the national gas network, while the rest is being injected to the oil wells or being fed to the petrochemical complexes. According to BP's reports, Qatar produces ...

Long-lasting delays in Iran's upstream gas projects doubled the country's liquid fuel consumption of power plants in winter compared to temperate seasons. Iran holds 33.6 trillion cubic meters of proved gas reserves, sharing 18 percent of total global gas reserves which puts Iran in the top of the world's gas holders list, however, lacking technology and investment led to long-term delays in implementation of gas production projects. During the current Iranian calendar year (from March 20, 2013) the country slightly increased gas output, but consumption hugely outpaced it. Gas output, consumption growth During the last months of Iran's Ex-President Mahmoud Ahmadinejad tenure, the gas sweetening units of giant South Pars gas field's Phases 15 and 16 were inaugurated, while the gas extraction projects in these phases were not yet completed. Then, Iran decided to transfer some 12.5 million cubic meters per day of the produced sour gas in Phases 6, 7 and ...

After nine years of extreme disputes, Iran and the international community reached a historical accord and that was implemented on Jan.20. I said international community because the United Nations and all major countries involved in applying restrictive measures to curb Iran's hidden and suspicious nuclear activities were suspected to be used to build an A-bomb. Iran has repeatedly announced that the enrichment uranium is aimed to produce nuclear fuel for power plants, but supplying the fuel of Iran's only nuclear power plant Bushehr, is guaranteed by Russia for 10 years. Russia delivered 82 tons of nuclear fuel in 2008 and 30 more tons in May 2011 to Iran. This amount meets the Bushehr NPP's fuel needs for four years. According to the International Atomic Energy Agency (IAEA) when issuing a publication on November 2013, Iran enriched 196 kg of 19.75 percent-enriched U-235 which was diluted or converted to oxide uranium- Uco8- on Jan.20. Iran's total 3.5 ...