Energy Economy

Iran’s Non-Oil Exports Rise in One Month

Iran witnessed a surge of almost 25 percent in exports during the 6th month of the current year (August 22-September 21) compared with the previous month, Iran’s Customs Administration (IRICA) spokesman Rouhollah Latifi said on Saturday. Latifi said that the exports had reached $2.691 billion in value terms from August …

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Iran to Put Major NGL Project on Stream by March

Iran plans to put into operation a great natural gas liquid (NGL) plant by March, Head of the Khatam-al Anbiya Construction Headquarters Saeed Mohammad said, adding that the plant will collect flare gases from Southwestern oilfields. Mohammad said that the first phase of NGL 3200 project would use 250 million …

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Iran’s Nuclear Power Capacity to be Tripled

Iranian Energy Minister announced on Sunday that the country plans to increase its nuclear power capacity from its current 1,000 megawatts to 3,000 MW in future. In this regard, the construction of two new 1,000-megawatt-nuclear power plants is underway in Bushehr, Reza Ardakanian said. The minister lamented that lack of …

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Steel Industry in Full Swing

Iran’s crude steel production reached 18.625 million tons in the first eight months of 2020 to register an 11.3-percent increase year on year, Mehr news agency reported. The country’s steel output stood at 16.739 million in the previous year’s same eight months. The increase in the Iranian steel production comes …

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