{"id":1375,"date":"2017-10-25T10:19:43","date_gmt":"2017-10-25T10:19:43","guid":{"rendered":"http:\/\/madaresharghi.com\/foreign-investors-positive-about-iranian-oil-projects\/"},"modified":"2017-10-25T10:19:43","modified_gmt":"2017-10-25T10:19:43","slug":"foreign-investors-positive-about-iranian-oil-projects","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/foreign-investors-positive-about-iranian-oil-projects\/","title":{"rendered":"Foreign Investors Positive About Iranian Oil Projects"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tIran\u2019s new model of contracts for oil and gas projects has made investment in the country\u2019s petroleum industry much more appealing for multinationals. Lyu Gongxun, vice president of PetroChina Company Ltd., made the statement on the sidelines of the Third Iranian Petroleum and Energy Club Congress and Exhibition (IPEC) in Tehran on Wednesday, Shana reported.<br \/> \tPointing to the fact that Iran\u2019s oil petroleum industry is full of opportunities and challenges, Gongxun said, \u201cConcerted efforts should be made to expand energy ties between Tehran and Beijing, as such collaboration can help minimize investment risks and attract more financers.\u201d<br \/> \tAttaching great importance to adopting cutting-edge techniques to enhance the recovery rate in Iran\u2019s massive oil and gas fields, the official noted that the Chinese company is equipped with state-of-the-art technology to help the country achieve the goal in the safest possible way.<br \/> \tThe Chinese official also highlighted the company\u2019s commitment to environmental issues in Iran. Reportedly, Tehran is also in talks with PetroChina on collaboration and transfer of know-how in the petrochemical sector.<br \/> \tBased in Beijing, PetroChina is the country\u2019s biggest oil producer. It is a subsidiary of state-owned China National Petroleum Corporation that has been actively seeking a place in Iran\u2019s energy sector after the lifting of international sanctions against Tehran last year.<br \/> \tThe prospective cooperation with PetroChina will further expand the role of Chinese majors in Iran\u2019s energy market.<\/p>\n<p> \t\u00a0 Major Breakthrough<br \/> \tAccording to Alessandro Tiani, Italy\u2019s Eni\u2019s vice president for advanced reservoir modeling and EOR technologies, who also delivered a lecture at IPEC, Iran holds the world\u2019s second biggest natural gas reserves after Russia, and has the fourth-largest proven oil reserves, that is why raising recovery factor in the country\u2019s hydrocarbon reservoirs even by 1% can translate into a major breakthrough. Referring to the implementation of advanced enhanced oil recovery and improved oil recovery methods, Tiani said as long as the methods are not applied appropriately, not only do they not yield positive results, but they can also result in irreparable damage to the reservoir.<br \/> \t\u201cHaving access to sophisticated techniques, Eni can help the National Iranian Oil Company accomplish its strategic goal in the shortest possible time,\u201d he added, noting that Eni was involved in the development of several oil and gas projects in Iran before a series of international sanctions barred multinationals from investing in the country.<br \/> \tThe projects that the Italian energy giant was involved in Iran included the development of phases 4 and 5 of the country\u2019s South Pars Gas Field as well as the Darkhovein, Doroud and Balal oilfields. The Italian energy giant has also signed a memorandum of understanding with NIOC to conduct technical surveys on Kish gas field and the third phase of Darkhoveyn Oilfield in six months.<br \/> \tIPEC aims to promote efficiency as a public and non-governmental organization staffed by senior executives, experts and researchers active in the fields of strategic management, energy economics, technology and commerce.<br \/> \tThis association follows national index experience of oil and energy fields with an efficient structure to use the optimal capacity, establish good relations among executives and facilitate the transfer of know-how to hundreds executives and entrepreneurs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi Iran\u2019s new model of contracts for oil and gas projects has made investment in the country\u2019s petroleum industry much more appealing for multinationals. Lyu Gongxun, vice president of PetroChina Company Ltd., made the statement on the sidelines of the Third Iranian Petroleum and Energy Club Congress and Exhibition (IPEC) in Tehran on Wednesday, Shana [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[639],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foreign Investors Positive About Iranian Oil Projects - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/foreign-investors-positive-about-iranian-oil-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign Investors Positive About Iranian Oil Projects - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi Iran\u2019s new model of contracts for oil and gas projects has made investment in the country\u2019s petroleum industry much more appealing for multinationals. Lyu Gongxun, vice president of PetroChina Company Ltd., made the statement on the sidelines of the Third Iranian Petroleum and Energy Club Congress and Exhibition (IPEC) in Tehran on Wednesday, Shana [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/madaresharghi.ir\/en\/foreign-investors-positive-about-iranian-oil-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-25T10:19:43+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"3 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\",\"url\":\"https:\/\/madaresharghi.ir\/en\/\",\"name\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"description\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/madaresharghi.ir\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/foreign-investors-positive-about-iranian-oil-projects\/#webpage\",\"url\":\"https:\/\/madaresharghi.ir\/en\/foreign-investors-positive-about-iranian-oil-projects\/\",\"name\":\"Foreign Investors Positive About Iranian Oil Projects - madaresharghi | An Analytical Look at Middle Eastern Developments\",\"isPartOf\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\"},\"datePublished\":\"2017-10-25T10:19:43+00:00\",\"dateModified\":\"2017-10-25T10:19:43+00:00\",\"author\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/madaresharghi.ir\/en\/foreign-investors-positive-about-iranian-oil-projects\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\",\"name\":\"administrator\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/901309319175b0d219e688b01909d220?s=96&d=mm&r=g\",\"caption\":\"administrator\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/1375"}],"collection":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/comments?post=1375"}],"version-history":[{"count":0,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/1375\/revisions"}],"wp:attachment":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media?parent=1375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/categories?post=1375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/tags?post=1375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}