Iranian Deputy Foreign Minister for International and Legal Affairs Mohsen Baharavand and the Organization of Petroleum Exporting Countries (OPEC) Secretary-General Mohammad Sanusi Barkindo in a meeting in Vienna on Saturday reviewed bilateral relations in the field of energy. The meeting was held on the occasion of the 60th establishment anniversary …
Read More »US ‘Deeply Concerned’ over Turkish Energy Exploration in Mediterranean
Visiting US Secretary of State Mike Pompeo said Saturday that Washington is “deeply concerned” over Turkey’s gas exploration in the Eastern Mediterranean amid growing tensions between Turkey, Cyprus and Greece. “We remain deeply concerned by Turkey’s ongoing operations surveying for natural resources in areas over which Greece and Cyprus assert …
Read More »Iran Exports $2.5bln Worth of Non-Oil Goods to Middle Eastern Countries
Director-General of Iran’s Trade Promotion Organization’s Office for Arabian and African Countries Farzad Piltan announced exports of about $2.5 billion worth of non-oil goods from Iran to the Middle Eastern countries over the past five months. “Iraq, the UAE, Oman, Kuwait, Syria, Qatar, Jordan, Lebanon, and Bahrain have been the …
Read More »IAEA’s Report Creating Constructive Future for Cooperation with Iran
Iranian Ambassador and Permanent Representative to Vienna-Based International Organizations Kazzem Qaribabadi underlined that the latest report by the International Atomic Energy Agency on Safeguards Agreement with Iran is harbinger of positive and constructive prospects for relations between the Islamic Republic and the IAEA. “The report deals with the development of …
Read More »Iran Deems EU Trade via INSTEX Inadequate
Iranian Deputy Foreign Minister Seyed Abbas Araqchi said that EU commercial dealings through the Instrument in Support of Trade Exchange (INSTEX) is not satisfactory for his country, adding that Tehran does not count on the system. “It is now two years that the idea (of INSTEX) has started and it …
Read More »IAEA Granted Access to Two Sites, Says Has No More Demands to Visit Undeclared Iranian Centers
Iran permitted the International Atomic Energy Agency (IAEA) to get access to two sites in the country, but meantime, the UN-affiliated nuclear watchdog said it would have no more demands to visit other centers undeclared by Tehran in the present context. “Iran and the IAEA reached an agreement on the …
Read More »Iran Exports $6.3bln of Non-Oil Goods in 3 Months
Iranian ministry of industry, mine and trade announced that the country has exported non-oil products worth $6.3 billion in the first quarter of the current calendar year (March 20-June 20, 2020). The ministry also said that it plans to export $41 billion of non-oil products by the yearend. There are …
Read More »Iran to Put into Operation 250 Energy Projects by Yearend
Iran’s Energy Minister Reza Ardakanian announced his country’s plans to inaugurate and put into operation 250 electricity and water projects by the end of the current Iranian year (March 20). “We have decided to put into operation 250 projects by investing nearly 50,000bln tomans ($11.9bln) by the end of this …
Read More »Iran Kicks Off Pipe-Laying for Longest Subsea Gas Project
An Iranian contractor started laying pipes for a long underwater gas transfer project connecting the Kish Island in the Persian Gulf to the country’s national gas network. The pipeline will link a gas supply terminal in Bandar Aftab, also known as Gerzeh, in the Southern Hormozgan province, to a gas-fired …
Read More »Petchem Complexes Need to Focus on Coronavirus-Related Feedstock
Iranian Oil Minister Bijan Zangeneh urged petrochemical plants and complexes to supply the downstream industries with the necessary raw materials for manufacturing products used for equipment and systems needed for containing the COVID-19 outbreak. “All petrochemical companies whose products are used as raw materials for the production of consumer goods …
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