Iran plans to expand oil explorationMay 19, 2012 - 13:22 AMT PanARMENIAN.Net - Iranian officials announced that the country plans to expand oil exploration throughout the country, especially in Northeastern provinces, Fars News Agency reports. The National Iranian Oil Company (NIOC) Director for Exploration Seyed Mahmoud Mohaddes said the company plans to extend exploratory activities from West and Southwest to Northern and Northeastern country. "Yet, exploration will be more concentrated in the West and Southwest," the official said, adding that drilling operations which started last year in six oil and gas fields, including Khayyam, Farzad A and Delavaran, will continue this year. Mohaddes said seismic operations which started last year in 210 kilometers of the area surrounding Farzad B in Persian Gulf completed early this year. He further described the last year performance of his department as "successful", saying that his department's activities last year were three times more than its obligations. Last December Iran's Oil Minister Rostam Qassemi announced discovery of a new field with remarkable gas reserves in the waters of the Caspian Sea which was named Kochak khan Jangali. Qassemi said oil industry experts could reach the reservoir following more than 2400 meters drilling adding the reservoir is completely within the Iranian side of the sea locating on the edge of Iran's maritime border. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Welcome to CaseKey 2024. Byblos Bank Armenia firmly stands by future innovators Strategic business cases, invaluable experience, innovative approaches and more than 25 events are in store for the participants of CaseKey 2024. Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Blinken says U.S. reviewing a number of aid requests from Armenia He said the U.S. is reviewing the requests to determine what more it can do to increase its assistance to Armenia. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |