Energy Economy

The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters. According to Pars Oil and Gas Company, Mohammad Hossein Motejali said the company raised its gas production from the massive gas field due …

In coordination with the Iranian Oil Ministry’s representative office in Baghdad, the Iraqi Oil Ministry has notified all its affiliated entities about Iranian companies’ readiness for participation in the country’s energy projects, Shana reported. The oil ministries of Iran and Iraq have established a joint working group in order to …

U.S. Energy Information Administration (EIA) in a recent report has put Iran’s oil revenues earned in the first seven months of 2022 at $34 billion, only five billion less than Iran’s total oil revenue in 2021. Based on the EIA report, Iran’s average monthly income from oil sales in January-July …

Iran and Kenya traded $50 million worth of goods in the first eight months of the current Iranian year (March 21-Nov. 21), according to an Iranian official. Iran’s exports to Kenya reached 86,156 tons worth $38.3 million during the period, registering a 20% year-on-year decrease, says Rouhollah Latifi, the deputy …

Commodities transited from Customs of Iran’s Kermanshah have seen a four-fold hike during 8 months, according to a provincial customs official. The head of the Kermanshah Customs Administration said that customs in the province have witnessed revenue of around 359.4 billion tomans in the eight months of this year. The …

Data released by the Ports and Maritime Organization of Iran show that over 142 million tons of goods have been unloaded and loaded in the Iranian ports in the first 8 months of the current Iranian year of 1401. During the said period (Mar. 21-Nov.21), 34,543,036 tons of non-oil goods …

Iran and the European Union’s 27 member states traded €3.98 billion worth of goods during the first three quarters of 2022, registering an 18.35% rise compared with last year’s corresponding period. New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during …

Iran traded 28.4 million tons of goods (excluding crude oil exports) worth $17.28 billion with the Persian Gulf’s six littoral states. The latest data released by the Islamic Republic of Iran Customs Administration show that Iran traded 28.4 million tons of goods (excluding crude oil exports) worth $17.28 billion with …

The National Iranian Oil Company (NIOC) has launched 10 oil and gas projects with a total value of €30 million. “The projects will effectively contribute to job creation and technology development in the country,” NIOC official Mahdia Motahari said, Shana reported. He went on to say that a list of …

According to the latest data released by the Islamic Republic of Iran Customs Administration, Iran’s trade with neighbors crossed $29 billion during the 7 months. Iran traded 45.28 million tons of goods worth $29.09 billion, excluding crude oil exports, with its 15 neighboring countries during the current Iranian year’s first …