Nozari won vote TOP STORIES of confidence holam-Hossein Nozari has received votes of confidence Mansourabad Gto lead Iran’s oil industry.President’s nominee for the Oil inaugurated Ministry, Gholam-Hossein Nozari, won a vote of confidence he first phase of Mansoura- by 217 votes to 20. Nozari, who has been a caretaker of the Tbad oilfield in Khuzestan ministry for the past three months, was backed by parliament Province, southern Iran, was offi- members.A vote of confidence session was held with the cially inaugurated last week. participation of President Mahmoud Ahmadinejad, First Vice- President Parviz Davoudi and nine cabinet ministers. Seyed Ja’far Hejazi, Khuzestan Province governor general, The Weekly Publication of the Iranian Petroleum Industry No. 371, New Edition Nov 18 , 20 07 Behbahan governor, manag- ers of National Iranian South Oil Company, and a number of provincial executive managers Count Down IPI talks on track were present in the opening cer- emony. SPD7 Platform to be installed MMehdiehdi JJediniaedinia After months of negotiation, political issues. every three years instead of a Delivering speech in the this month ran and Pakistan finalized Iran finally gave India a four- Meanwhile in New Delhi, long-term fixed price. ceremony, NISOC Managing PD7 platform of Phase 6 Ithe articles of the contract month deadline to formally agree Petroleum Minister Murli Deora Despite the fact that certain Director Seifollah Jashnsaz said Swould be installed in late on November 10 after lawyers its participation in a multibillion said India remained interested in internal problems including the implementation of develop- November. of both countries reviewed and dollar project to transport Iranian a deal. “Before the next tripar- the high cost of transferring gas ment plan of the field was based Peteropars Company manager endorsed the draft. gas to India through Pakistan. tite meeting, a bilateral meeting from Iran to the subcontinent and on an initiative of domestic oil for logistical affairs of South The pipeline project, dubbed The warning came after between India and Pakistan is the provisions for the periodic experts, increasing the compa- Pars field’s phases 6-8, Ali the Nigeria’s top energy adviser, the huge sums it needs to develop Repsol are among companies that Export Company said in a presen- need to consider this aspect of Rilwanu Lukman, has said the energy sector. have signed preliminary deals tation this week that Iran was in Energy for Sustainable oil production when evaluating deals with foreign companies Nozari said an increase in to develop Iran’s giant South talks with Bahrain over a 25-year Development oil prices. to extract Nigerian oil should OPEC quota would have no Pars gas field and build facili- contract to supply gas. Iran had a considerable share be reviewed. impact on global oil prices. ties to chill and export the gas. Rationing had reduced Iran’s of the world’s gas reserves and Nigeria produces billions of dollars worth of crude “Evidence shows there is “Iranian experts are carrying out gasoline consumption 15 percent therefore was drawing up a strat- ENERGY AT A GLANCE oil every year in partnership with Western companies adequate oil supply in interna- a similar LNG project and its cost in the past six months, turning egy for developing and widely but the country is not a winner. tional market,” he said, adding is five billion dollars according around the rapid annual growth exploiting this source of energy, Qapco And ENGC Sign Eth- Lukman said he wanted to improve the conditions of ylene Export Deal oil deals to be even more beneficial to both sides. that there were many reasons to the estimate, but Total has of around 10 percent in recent said Nozari in the OPEC sym- behind global oil price rise proposed a higher price for a years, Nozari said. posium entitled “Energy for Hawiyah NGL Recovery Plant Nigeria is Africa’s top oil exporter and a key sup- 90% Completed in Saudi plier of crude to the US. including the falling value of similar project with the same Sustainable Development” Saudi Aramco Selects Jadwa Speaking to reporters in Abuja, Mr Lukman did the U.S. dollar. capacity,” he said. in Riyadh. “Although Iran is not name specific companies. Nozari said, “We are interested Environment as a vital among the world’s largest holders Investment Company As New “We have to look at what is on [the] ground now in foreign companies’ participa- MOU with Bahrain topic of hydrocarbon reserves and Luberef Partner and see which way we can improve the conditions tion,” however assuring, “But we In another part of his remarks, Meanwhile the minister said main producers of crude oil and Range Resources Forges so that our relationship will be even more beneficial are able to boost oil production Nozari said Iran will sign a the issue of the environment was natural gas, it has carried out and Ahead With Somalia Drill- to both sides,» he said. capacity to 4.5 million bpd even memorandum of understand- among vital topics on agenda is implementing main measures ing Plan After Prime Minister The Niger Delta region has a history of disputes without foreign investors.” ing to supply natural to Bahrain. of the Riyadh symposium, on demand management in a bid Resigns between oil companies and communities who have India’s OVL Looking To for years demanded a greater share of the wealth. Speaking about the impacts He said the contract would be adding, “Industrial and devel- to increase its share in the crude of sanctions against Iran’s oil for exports to start at a rate of 1 oped countries produce the most and natural gas export markets Expand In Sudan Rilwanu Lukman was the OPEC Secretary General Nour And Wood Mackenzie from 1 January 1995 to 31 December 2000. He hails industry, in his talks with report- billion cubic feet per day (cfd) environmental pollution which and to reduce its dependence on To Prepare Study For Syrian from Zaria in Kaduna State of Nigeria. ers on the sidelines of the OPEC from 2010 and could rise to as leads to global warming.” He imports of oil products,” Nozari Dr. Lukman is currently on the board of Afren Plc, symposium, the minister said, much as 2 billion cfd. underlined that Iran and Saudi added. The minister elaborated Refinery a leading independent exploration and production “We are working without paying “Our gas has a very good Arabia enjoyed good level of on policies and measures of Iran Gulfsands Starts 3D Seismic company. He was, until November 2003, Presidential any attention to such acts. Since market in the Gulf region,” cooperation at the OPEC and on optimal use of resources, On Khurbet East Field in Adviser on Petroleum and Energy Matters to the such measures were carried out, Nozari said. Gulf govern- said, “Iran and OPEC members promotion of living standards, Syria Federal Government of Nigeria and Chairman of the we have managed to lift crude oil ments are rapidly building up stress convergence in the orga- and move toward sustainable Attack On Oil Pipeline In Nigerian National Petroleum Corporation. output by 200 thousand barrels the number of gas-fired power nization.” development. Marib