Tag Archives: Development

An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this Iranian calendar year (ending on March 20).

China last year and this year imposed tariffs on imports of the super-chilled fuel from the United States.

Moscow considers $60 per barrel a reasonable price. as at this level Russia can invest in new projects.

An onshore wind project in the Outer Hebrides has started to generate power as turbines are constructed on North Uist.

There was currently a supply glut in the global oil market which was caused by the US shale boom.

The four-year project is backed by some of the world’s biggest energy companies.

Iranian Communication and IT Minister said that the government has been seriously working on linking rural areas to mobile networks. adding that currently more than 86 percent of villages across Iran are enjoying connection.

On the occasion of the Government Week in the current year (started March 21. 2019). Minister of Energy Reza Ardakanian inaugurated a 7-megawatt solar power plant in Abhar. Zanjan province.

In 2019. China included tight gas in the new unconventional gas subsidy scheme for the first time.

Despite the US sanctions. many countries. including China. still continue oil imports from Iran.