Energy Economy

The director general of the Industry, Mine and Trade Organization in Iran’s East Azarbaijan province said the province has exported over $960 million in non-oil products during the first 8 months of the current Iranian year. Speaking at a conference on the export of non-oil goods, held in Tabriz on …

Iran exported non-oil commodities valued at $1.3 billion to India during the first seven months of the current Iranian calendar year (March 21-October 22), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. According to Mohammad Rezvani-Far, India was the fifth top export destination of Iranian non-oil …

The value of trade exchanges between Iran and the Eurasian Economic Union (EAEU) in the first seven months of the current Iranian calendar year (March 21 to October 22, 2023) reached $4.258 billion. In that period, Iran exported $922 million worth of products to EAEU member states and imported $3.3 …

Iran’s oil production has increased to 3.4 million barrels per day (bpd), the spokesperson for the Iranian Oil, Gas and Petrochemical Products Exporters’ Union said. Speaking in an interview with IRNA on Sunday, Seyyed Hamid Hosseini said measures have been taken in the current administration to boost oil exports to …

The managing director of South Pars Gas Company (SPGC) said that 1.96 trillion cubic meters (tcm) of natural gas have been processed by the complex refineries and injected into the country’s gas network since the complex was launched 25 years ago. Speaking to Shana on the occasion of the complex’s …

Iran’s Oil Minister Javad Owji said on Friday the country plans to increase its crude production in the absence of any “green light” from the United States for exports, according to the Shana News Agency affiliated to the Iranian Oil Ministry. Making the remarks in the southwestern province of Fars, …

The first phase of the development project of the Tous Gas field in northeastern Iran was started in an official ceremony on Sunday, Shana reported. Located in Khorasan Razavi Province, Tous Gas field is going to produce three million cubic meters of gas on a daily basis in the first …

Iran’s oil minister, Mohammad Javad Owji reaffirmed Tehran’s commitment to its share in the Arash gas field in the Persian Gulf, vowing not to exceed the agreed-upon production levels. Owji expressed optimism regarding the resolution of issues concerning the Arash field through ongoing negotiations with Kuwait. He assured that Iran …

Iran continued to increase its oil production in August to reach three million barrels per day (bpd) and stand at the third place among OPEC top producers, according to figures released in the organization’s latest monthly report. OPEC data showed that Iran’s oil output increased by 143,000 bpd or five …

Iran’s exports of oil to China hit a historic record in August despite Washington pressure on Tehran, according to a report published in the local media citing data from a major international energy data company. The Sunday report by Fars news agency said Iran’s oil exports to China had reached …