Energy Economy

In the mining sector alone. there is a capacity of over 50 billion tons of minerals in Iran ready to be extracted.

Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12. 2019. an official from the central bank (CBI) said.

The Iranian government ratified a new set of regulations to allow cryptocurrency miners continue their business in Iran within a legalized framework which prevents unfair consumption of subsidized electricity.

All the five littoral states have been trying to reach a solution on the issue.

The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.

MSU has close cooperation with Roscosmos State Corporation for Space Activities.

It has been designed to transport up to 2.6bn cubic meters of natural gas a year to the national transmission network from 2021.

The Aberthaw B power station. which directly employs around 170 people. will be closed on 31st March 2020 Share on LinkedInShare on FacebookTweet about this on Twitter.

Ofgem has launched a review. following which the regulator expects the rule to be implemented from early 2020.

Iran is ready for increasing the volume of bilateral trade with Turkey.