Energy Economy

Iran-Kenya Trade at $50 Million

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 …

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Goods Transited from W Iran up Four-Fold

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 …

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NIOC Launches Projects Worth €30 Million

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 …

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POGC to Drill 35 New Wells in South Pars

Pars Oil and Gas Company (POGC) is planning to spud 35 new wells in the supergiant South Pars gas field to enhance and maintain gas production in the massive joint field. According to POGC, the deputy head of POGC’s Reservoir Operations Engineering Unit outlined the company’s recent activities said on …

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Iran, Russia Firms to Build Joint Pipeline

The CEO of Sina Energy Gostar Holding, affiliated with Mustazafan Foundation, said the holding was planning to build a pipeline for the transfer of petroleum products with support from Russian companies. According to the Mustazafan Foundation, Mohammad Ziyar underlined the details of a document signed during the recent visit of …

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Over 17% of Iran’s Knowledge-Based Companies Work in Oil Industry

Head of Iranian Petroleum Industries Equipment Manufacturers Association (known as SIPIEM) has said over 17 percent of the country’s knowledge-based companies are active in the oil, gas, and petrochemical sectors, Shana reported. Speaking at a conference on the promotion of knowledge-based companies dubbed “Development of relations with knowledge-based and technological …

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