News in Brief
Iran invests $1m on renovation of maritime fleet
IRNA – Iran invested $1 million on the construction or purchase of ships in two years since President Ebrahim Raisi took office in August 2021, according to the director of the country’s Ports and Maritime Organization (PMO).
Noting that many ships have been bought to commute either in the Caspian Sea in northern Iran or in the southern Iranian waters, Ali Akbar Safaei said that some of the purchased vessels have already been delivered to Iran and some others are being transferred to the country.
First ship carrying LPG berths at Abadan
TASNIM – With the failure of cruel US sanctions against Iran and the country’s success in boosting gas exports, the first consignment of liquefied petroleum gas (LPG) was loaded at Abadan Oil Refinery.
There are plans for selling the surplus products of the refinery at the international markets along with meeting the demands of the country, CEO of Abadan Oil Refinery Hakim Qayem said.
Sepehr, Jofeir oil production to start soon
SHANA – The Petroleum Engineering and Development Company (PEDEC) managing director said oil production at Sepehr and Jofeir fields in southwestern Iran could officially start during the Government Week (August 24-30).
Abouzar Sharifi added a comprehensive plan has been outlined for the development and production of Sepehr and Jofeir fields in three phases.
According to him, a major part of the first phase of the two fields’ development plan has been implemented and their crude oil production – around 20,000 barrels per day (bpd) – could start during the last week of August.