Tag Archives: Fars News Agency

The US-led price cap coalition will place two separate price limits on Russian oil products depending on their category, the US Treasury Department said in a statement on Friday. According to the statement, following a meeting between Deputy Treasury Secretary Wally Adeyemo and deputy ministers representing other G7 countries, EU …

Iranian authorities announced that domestic contractors have finished pipe laying operation for a major natural gas project in the Persian Gulf despite the US sanctions. About 15 kilometers of pipe laying, including for a 32-inch undersea sour gas pipeline, had been completed in the project. The project was a major …

Tehran and Ankara agreed to start negotiations on a new gas exports agreement which would allow an increased supply of natural gas from Iran to Turkey for a period of 25 years starting in 2026. Talks on a new Iran-Turkey gas supply deal had started based on agreements reached between …

Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami underlined that the moves by Iran to install new centrifuges at the Fordow Nuclear Facility is happening under the Strategic Action Plan of the Iranian Parliament. “This issue has been pursued within the Iranian Parliament’s Strategic Action Plan to …

Moscow has never made nuclear threats, Russian Foreign Ministry Spokeswoman Maria Zakharova said on Friday following the first Conference of States Parties to the Treaty on the Prohibition of Nuclear Weapons. “Statements about mutual threats of using nuclear weapons, which we heard before the conference, are perplexing, as well as …

Iran’s customs office (IRICA) announced that the country’s non-oil exports have increased 21% in the first quarter of the current Iranian year (started on March 21). IRICA Chief Alireza Moqaddasi said on Wednesday that Iran had a trade surplus of $605mln in the June quarter. He added that Iran’s trade …

Denmark’s energy agency said on Monday it had activated the first step of a three-stage emergency gas supply plan, which effectively means a tighter monitoring of the market, due to uncertainty about gas supplies from Russia. The energy agency said gas supplies were guaranteed for now but urged consumers and …

Iranian Foreign Minister Hossein Amir Abdollahian in a phone conversation with UN Secretary-General Antonio Guterres blasted the US and its allies for sponsoring a “hasty and politically-driven” resolution at the IAEA Board of Governors against Iran. Amir Abdollahian criticized the US and its European allies for the submission of an …

Iran will own shares in 3 oil refineries in Venezuela and Nicaragua in return for supplying crude and equipment. Iranian Oil Minister Javad Owji signed major energy deals with authorities in Venezuela and Nicaragua during his recent visits to the two countries. The agreements signed with Venezuelan energy authorities stipulate …

Nearly 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are currently in tankers at sea, according to data from energy analytics firm Vortexa, as cited by Reuters. However, traders are reportedly struggling to find buyers for some of the cargo as EU countries fail to agree …