The operator of South Pars Phase 14 Development Project said gas recovery from the second offshore platform of the project had started.

The head of the market analysis section of the Gas Exporting Countries Forum (GECF) said Iran could play the role of liquefied natural gas (LNG) and FLNG markets in Asia, especially in India and China.

The Iranian Offshore Oil Company (IOOC) signed a contract with PetroIran Company for maintaining and enhancing oil production capacity of Sivand, Esfand and Dena offshore oilfields in Persian Gulf waters.

The National Iranian Oil Company (NIOC) CEO said the company had finalized deals for maintaining and enhancing crude oil production capacity of Sivand and Esfand Oilfields in Siri Operational Area.

The National Iranian Oil Company (NIOC) released details of selling crude oil on the domestic stock market.

The National Iranian Oil Company (NIOC) has planned to supply a million barrels of crude oil on the domestic stock market by October 22.

Iranian Central Oil Fields Company (ICOFC) has completed 80 percent of its gas injection plans to Sarajeh Field in Qom, ICOFC CEO said

Iran is expecting addition of 3 billion cubic feet of natural gas added to its daily production capacity by launching new South Pars phases by early 2019, a senior Iranian oil official said.

The Supreme Economic Coordinating Council has approved a plan to sell oil in hard currency at the Iranian stock market with the aim of diversifying methods of selling oil at the markets trading floor.

Iranian Minister of Petroleum Bijan Zanganeh said Total was not expected to pay a fine to Iran, but the amount that the company had already spent in South Pars Phase 11 project would not be repaid until the project becomes operational.