Tag Archives: Financial Tribune

NIOC plans to employ enhanced oil recovery methods to boost the extraction rate in fields by 35%.

Foreign firms urge us to provide them with either government or non-government guarantees. neither of which is possible for PGSR.

The price drop mirrors the trend in global prices that have been shaky in recent weeks.

The first preliminary agreement calls for constructing two polyethylene units plus an ethane cracker unit to convert ethane to ethylene.

PGPIC is Iran'.s largest petrochemical company with over 60 subsidiaries. owning more than 11% of Iran'.s capital market.

Government data show the share of renewables in Iran’s energy basket is 240 megawatts at present. which is less than 1% of total installed power generation capacity of 77.000 MW.

Exports amounted to 7.1 million tons in four months. up nearly 5% from 6.84 million tons in the same period of last year.

Iran has huge potential to harness renewable energies. including geothermal. solar and wind power.

Foreign investors have submitted investment proposals worth a total of $3.6 billion to develop renewable projects in Iran.

Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.