Energy Economy

The Director General of Sistan and Baluchestan Ports and Maritime Organization Behrouz Aghaei said on Monday that 29 domestic and foreign companies have voiced readiness to invest in Shahid Beheshti Port of Chabahar.

All developed countries try to provide a safe environment for foreign investors through increasing incentives.

Simec Atlantis Energy remains in a good financial position despite reporting more than £3 million in pre-tax losses for the first half of 2019. according to the boss of the Highland tidal firm.

Abdolnaser Hemmati said that the recent US move to re-impose sanctions against the CBI. which has been already sanctioned. proves that Washington is left with no leverage to pose further pressure against Tehran.

Statistics show that Iran’s second-largest car manufacturing company ``SAIPA`` manufactured 147.588 vehicles in the first five months of the current year (March 21 – August 21).

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

Around 6GW of projects have been awarded contracts. with offshore wind projects set to be delivered for as low as £39.65 MWh.

With projects set to be delivered for as low as £39.65 MWh. around 30% lower than the second auction held in 2017. the auction has caused a stir amongst the sector.

The OECD claims 70% of energy-related carbon dioxide emissions from advanced and emerging economies are completely untaxed.

US sanctions against the central bank of Iran will not affect Russian businesses in that country. Russian Special Presidential Representative for Afghanistan. head of the Asian department of Russia’s Foreign Ministry. Zamir Kabulov said.