Around 17 billion cubic meters of gas is burned off in Iran annually which translates into a $4-6 billion loss for the treasury.
Read More »Iran’s Energy Sector 2016: The Notable Events
Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.
Read More »Iran. Azerbaijan to launch Astara-Astara Railway Soon
A total of 8.5 kilometers of the 100-km railroad has been built which includes a rail bridge over Astarachai river.
Read More »Russian President Approves Broadening of Economic Ties with Iran
The 13th Iran-Russia Joint Commission session started since Sunday and will end on Tuesday with conclusion of several cooperation documents.
Read More »Iran Sends Back Russia`s Waste Fuel to Moscow
According to the Joint Comprehensive Plan of Action (JCPOA). there is no prohibition for the country to keep nuclear waste inside Iran.
Read More »Iran. Russia Ink Deal to Build 1400 MW Power Plant
Novak said the volume of trade ties between the two countries had 80% rise compared with the previous year.
Read More »British Firms Lifts Ban on Iran`s Turbines
In line with lifting ban on oil industry key facilities. Asian and European companies will contribute to progress of projects in South Pars.
Read More »Increase of FDI in Building Solar Power Plants
Foreign capital have increased solar projects in the province.
Read More »