At a meeting in Ashgabat between the President of Turkmenistan Serdar Berdimuhamedov, Iranian Energy Minister Abbas Aliabadi, and Chairman of the Central Bank Mohammad Reza Farzin, the possibilities of expanding bilateral cooperation between the two countries in the oil and gas sector, as well as diversifying energy supplies to global …
Read More »Iran’s Oil Minister Elected as OPEC President for 2025
Iranian Oil Minister Mohsen Paknejad has been elected as the president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025. Paknejad expressed gratitude for the trust placed in him, pledging to utilize all his efforts and resources to strengthen OPEC’s unity and progress. “Serving as OPEC president is …
Read More »Iran’s Nuclear Program Being Monitored by IAEA
Spokesperson for the Iranian Foreign Ministry Esmaeil Baqaei said the country’s peaceful nuclear activities are under surveillance of the International Atomic Energy Agency (IAEA). Asked by reporters about the recent comments from IAEA Director General Rafael Grossi that Iran has enhanced its uranium enrichment capabilities, Baqaei said on Saturday that …
Read More »Chinese Refiners Buy more Middle East, Africa Crude as Iran’s Supply Drops
Private Chinese refiners, who buy most of Iran’s crude, have recently scoured West Africa and the Middle East for supply unsold in previous trade cycles, as flows of Iranian crude have dropped amid higher prices and preparation for the incoming Trump Administration. China’s independent refiners, the so-called teapots, are key …
Read More »Iran’s Energy Minister Assures no Blackouts amid Supply Boost
Iranian Energy Minister Abbas Aliabadi has announced that there are no power outages currently across the country as the electricity supply has been stable, and sufficient fuel has been secured to prevent any blackouts. During a parliamentary session on Tuesday, Aliabadi highlighted the significant differences between electricity production and consumption …
Read More »Iraq Says 15-Day Halt in Iranian Gas Cuts 5.5 GW from National Grid
Iraq’s electricity ministry said on Sunday that Iranian gas supplies had been completely halted for 15 days due to maintenance, impacting Baghdad, the central provinces, and the Middle Euphrates, resulting in the loss of 5.5 gigawatts from its national grid. It was no immediately clear when the 15 – day …
Read More »Iran-Russia Partnership Agreement to Cover Defense Sphere
The agreement on all-encompassing partnership between Russia and Iran will cover the defense and security sphere, Russian Deputy Foreign Minister Andrey Rudenko said. “Concerning the contents of the mentioned founding document, I would elect not to disclose details earlier. I would only note it will meet challenges and requirements of …
Read More »EU Spokesman Hopes for Resumption of Nuclear Talks with Iran
The European Union’s Lead spokesperson for foreign affairs and security policy has expressed hope that the bloc’s nuclear diplomacy with Iran will soon resume. “We hope that nuclear diplomacy can resume soon since a solution to the Iran nuclear issue cannot wait any longer. It will also be conducive to …
Read More »Iran-IAEA Interactions must Occur in Non-Political Atmosphere
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has said that the interactions between Iran and the IAEA should occur in a non-political atmosphere and within the framework of existing commitments. During an open session of the Iranian Parliament on Sunday morning, Ghalibaf reacted to the anti-Iran stance of the three European …
Read More »Daily Output of Iranian Gas Refineries Stands at 840 mcm
Iranian gas refineries are currently producing 840 million cubic meters (mcm) of gas per day, according to the director of production coordination and supervision of the National Iranian Gas Company (NIGC). Speaking to the press on the sidelines of a visit to Ilam Refinery, Mohammad-Reza Jolaei, said natural gas accounts …
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