TEHRAN Sept. 12 (Shana) As a result of feeding the power stations and industries with natural gas, Iran managed to divert its surplus gasoil which was consumed by the industries to foreign markets for the first time and to become one of exporting countries of the product. With introduction of additional South Pars phases to the gas production stream ...

Iran has raised fuel prices by 40 percent and scrapped an eight-year-old rationing program for private motorists as President Hassan Rouhanis government seeks to shore up public finances. Gas stations will sell regular fuel for 10,000 rials (36 U.S. cents), a liter, said Naser Sajadi, head of national Iranian Oil Products Distribution Co., according ...

TEHRAN Dec 08 (Shana)--Irans fuel supply to vessels in high seas has exceeded two billion liters to stand at 2.46 billion liter in the first eight months of the current calendar year (started March 21), up 32 percent year-on-year, the managing-director of National Iranian Oil Products Distribution Company said. Naser Sajjadi said supplying fuel oil ...

TEHRAN Sep. 11 (Shana)--Islamic Republic of Iran has finalized a contract with Iraq under its terms Tehran will start delivery of 2.5 million liters of gasoil a day to the neighboring country. Managing director of the National Iranian Oil Products Distribution Company (NIOPDC) Seyyed Naser Sajjadi made the remarks adding the one-year contract will ...

TEHRAN Sep 07. (Shana)-- Iran holds the largest network of CNG distribution in the world, managing director of the National Iranian Oil Products Distribution Company (NIOPDC), Seyyed Naser Sajjadi said. Referring to CNG industry as a new phenomenon, Sajadi said CNG has been a rapidly rising industry over the past 10 years. According to NIOPDC official,...