Energy Economy

133 major energy projects have been inaugurated in various provinces across the country in recent months.

Instrument Support of Trade Exchanges (INSTEX) circles are optimistic that its first deal is expected shortly.

The sanctions have severely impeded Iran'.s ability to import food. drugs and medical equipment.

Diplomats from Germany. France and the UK drew a line in the sand this month. telling US officials their bullying tactics wouldn’t help marshal support for President Donald Trump’s Iran policy.

Projects that can receive financing include onshore and offshore wind. solar farms. smart meters. energy from waste and biomass power.

A drop in oil imports from 359 million barrels to approximately 280 million barrels equates to a reduction of more than a fifth.

The world’s largest energy traders enjoyed one of their best ever years in 2019 as pipeline outages. dramatic changes in ship fuel regulations and Middle East conflicts shook up the global oil market.

Iranian Ambassador to the UK Hamid Baeidinejad in a message talked of UK government'.s tendency for expansion of new round ties with Iran.

They have agreed a new financial partnership agreement that will boost their collaboration to tackle key challenges. including climate change.

Swedish property company Wallenstam will use the financing to build sustainable affordable housing projects across the country.