TEHRAN (PIN) – Iran"s heavy oil price rose about 2 dollars a barrel in July, according to OPEC Secretariat Calculations.

TEHRAN (PIN) – National Iranian Oil Company managing director says Total"s withdrawal from Iran"s oil industry is not true.

TEHRAN (PIN) – Petropars Company managing director announced the executive operation of South Pars phase-12 refinery project will be officially implemented tomorrow in presence of the Oil Minister.

TEHRAN (PIN) – Management of oil incomes is the most important challenge facing Iran"s oil industry, an expert said.

TEHRAN (PIN) – Launching new units, Iran petrochemical production capacity would raise to 47 million tons by mid-March 2009, Iranian Oil Minister said. According to PIN, attending the 8th International Petrochemical Forum, Mr. Nozari continued Iran"s share of the region"s petrochemical output is expected to rise 4 percent to 29 percent this year. Annually petrochemical industry performance review within last year shows a 9mm-t increase in production capacity, he pointed out, rising to 35mm t at present time. He went on to say that petrochemical output had a remarkable rise last year increasing to 24mm t. Nozari pointed out Iran owes a major part of its past achievements in its petrochemical industry to the expertise and capabilities of its own engineers and technicians and the country"s comparative advantages as well as its vast hydrocarbon reserves, especially natural gas.

TEHRAN (PIN) - Serakhs-Jask pipeline is the best option for moving the central Asian countries crude oil to the Persian Gulf, deputy Oil Minister for international affairs told PIN. Hossein Noghrekar-Shirazi added Serakhs-Jask pipeline is one of the issues that has been put on the table to be discussed with the northern neighboring countries adding that by commissioning the pipeline along with Neka-Jask line, Jask region would be converted into a huge oil, gas and petrochemical products hub.

TEHRAN (PIN) - Iran"s export crude price stood at 108.22 dollars a barrel on Monday. According to PIN, Iran"s export crude price stood at 108.22 dollars a barrel on Monday, Sep. 1, National Iranian Oil Company international affairs reported.

TEHRAN (PIN) – Accompanying Iran"s president, the Oil Minister Gholam-Hossein Nozari here Saturday morning returned to Tehran from Ankara where Iranian delegation in a two-day visit discussed many issues with Turkish side.

TEHRAN (PIN) - Turkey"s President Abdullah Gul says Iran plays an important role in establishing security in the region, Press TV reported.

TEHRAN (PIN) – National Iranian Gas Export Company says a Swiss delegation is to travel to Tehran to hold discussion with Iranian officials on technical issues related to Swiss gas contract.