Tag Archives: Financial Tribune

The new capacity is expected to help the ministry avoid periodic outages during the hot summer when demand peaks for cooling homes and businesses.

Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.

Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.

Petrochemical sales account for 34.7% of Iran’s non-oil exports and 39.1% of industrial exports in terms of value in the period.

Data show some 240 megawatts. or just around 0.3% of Iran'.s total electricity supplies come from renewable sources such as solar and wind.

Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.

In the meantime. other foreign companies are welcome to discuss their interest in the gas field.

Some 54 power units have gone on stream in the last four years.

Officials place condensate exports between 600.000 and 700.000 barrels a day.

The country'.s main export grade. marketed as Iran Heavy. gained 42 cents to reach $49.35 per barrel. matching its 2017 average.