Energy Economy

An Iranian delegation has visited Iraq to hold talks on the Shalamcheh-Basra railway and to visit the sites where the construction of the railway is going to take place on Iraqi side of the border.

As of the beginning of the present Iranian calendar year (March 21. 2019) some $113 million of foreign investments have been absorbed in eight industrial projects of the Razavi Khorasan province.

While geopolitical tensions in the Middle East Gulf remain high. with US sanctions recently extended to more Iranian officials and a Chinese oil importer. as well as another tanker seizure.

Iran is now self-sufficient in supplying Euro-5 petrol.

Relations between the two countries should deepen to serve both nations as a basis for further development of relations.

Foreign Direct Investment in the Northeastern Iranian province of Khorassan Razavi has surpassed the planned level. a local official announced.

Iran is determined to draft its new budget bill with zero-dependence on oil revenues.

Severe weather conditions on 28th September 2016 led to around 850.000 customers in South Australia without access to electricity.

The solar power plants will be built in two regions – the Algarve and the Tajo Valley.

Written by Dr Tony West. formerly Director of Trading and Marketing at Innogy (now Npower). Head of Trading at Scottish Power and amongst other senior wholesale trading roles recently advised Gazprom on their power business development strategy.