Energy Economy

The latter company was the fifth supplier to cease trading this year.

Iran’s current supplies of gas to Iraq are enough to generate around 22 terawatt hours (TWh) of electricity.

The regulator said the trader working for ENGIE Global Markets was engaged in a type of market manipulation called spoofing over a three-month period in 2016.

The Norwegian energy giant has also launched a share buyback of up to $5 billion.

The National Iranian Oil Company (NIOC) is going to sell 2 million barrels of gas condensates on the Iran Energy Exchange (IRENEX) on Wednesday September 11.

CEO of Iran National Steel Industrial Group (INSIG) said that the Iranian group has resumed installation of hydrostatic pipe testing machine with the help of the South Korean Myung Jin Machinery (MJM).

Iraq and Afghanistan are among the most important trade partners of Iran and targeting their markets stands among the priorities of Iran in making its trade decisions. Chairman of Iran Export Confederation Mohammad Lahouti said.

Close to 2.063 million tons of non-oil commodities worth $896 million were exported from the western Iranian province of Kermanshah during the first five months of the current fiscal (started on March 21). a senior official said.

Managing-Director of Iran Airports Company Siavash Amir Mokri said on Saturday that his country will buy its second flight check plane according to a $9.9 million worth of contract signed with Germany.

It is the fifth energy supplier to cease trading this year.