Iranian Oil Minister Javad Oji has stressed that the global energy market needs an increase in the supply of Iranian oil, saying: “As a major producer of oil and petroleum products, we are always ready to play our role in maintaining global energy security away from politics.” Speaking after an …
Read More »Iran Non-Oil Exports Exceed $44bn in Current Administration
Statistics showed that Iran’s non-oil exports value from August 23, 2021 to June 21, 2022 topped $44 billion, showing a hike as compared to the same period of last year. Iran exported 104.452 million tons of non-oil goods, valued at $44.254 billion since the 13th government under President Raeisi took …
Read More »Iran Ready to Increase Oil Exports with Sanctions Removed
Tehran is ready to increase its oil exports immediately after the sanctions are removed, Iranian Minister of Petroleum Javad Owji said on Friday, noting that in the first year of the 13th Iranian Government, over $100 billion of oil and gas agreements have been signed. Owji said on Friday on …
Read More »Iran should Become Hub for Designing, Building Nuclear Power Plants
Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami says the country should become a hub for the designing and building of nuclear power plants in the coming years. Eslami said on Thursday that an ongoing global fuel crisis had made the use of nuclear energy more relevant. …
Read More »Iranian Oil Minister Says Tehran Ready to Meet Europe’s Energy Needs in Winter
Iran’s Oil Minister Javad Oji says the Islamic Republic has a good capacity to produce oil and gas and their commodities and is thus capable of partly relieving the energy shortage in the world. Oji said energy prices are out of control in the world and big petrochemical companies in …
Read More »Iran’s Oil Production Capacity to Reach 4.038m bpd
National Iranian Oil Company (NIOC) is planning to boost the country’s oil production to 4.038 million barrels per day (bpd) in the current Iranian calendar year (ends on March 20, 2023), Shana reported on Monday, quoting an official with the company as saying. According to Hormoz Qalavand, NIOC’s director of …
Read More »Iran’s Non-Oil Export to Neighbors Grows 22% in 4 Months on Year
The value of Iran’s non-oil export to its neighboring countries increased 22 percent in the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) …
Read More »Iran Completes Pipe-Laying for Major Offshore Gas Project
Iranian authorities announced that domestic contractors have finished pipe laying operation for a major natural gas project in the Persian Gulf despite the US sanctions. About 15 kilometers of pipe laying, including for a 32-inch undersea sour gas pipeline, had been completed in the project. The project was a major …
Read More »Iran’s Non-Oil Foreign Trade Touches $9bn Mark
Iran’s non-petroleum foreign trade rose 19% in the month ending July 22, 2022, standing at nearly $9 billion, says an Iranian official. A spokesman for Iran’s Customs Office also said the country exported well over 7 million tonnes of non-oil goods worth more than $4 billion over the one-month period, …
Read More »Iraq Says in Talks with Iran to Increase Natural Gas Imports
The Iraqi Ministry of Electricity says it is in talks with Iran for securing a rise in imports of natural gas from its eastern neighbor as Baghdad works to inaugurate new power plants fueled by natural gas. Ahmad al-Ebadi, a spokesman for the ministry, said the volume of gas imports …
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