Iran’s Oil Minister Javad Oji says the Islamic Republic has a good capacity to produce oil and gas and their commodities and is thus capable of partly relieving the energy shortage in the world. Oji said energy prices are out of control in the world and big petrochemical companies in …
Read More »Iran Nuclear Chief: IAEA Disproportionately Focused on Tehran’s Nuclear Work
Iran’s nuclear chief says the country wields less than two percent of the global nuclear capacity, but is subject to 25 percent of all inspections by the International Atomic Energy Agency. Mohammad Eslami the head of the Atom Energy Organization of Iran says the nuclear fuel cycle is an element …
Read More »Iran’s Non-Oil Foreign Trade Touches $9bn Mark
Iran’s non-petroleum foreign trade rose 19% in the month ending July 22, 2022, standing at nearly $9 billion, says an Iranian official. A spokesman for Iran’s Customs Office also said the country exported well over 7 million tonnes of non-oil goods worth more than $4 billion over the one-month period, …
Read More »Iraq Says in Talks with Iran to Increase Natural Gas Imports
The Iraqi Ministry of Electricity says it is in talks with Iran for securing a rise in imports of natural gas from its eastern neighbor as Baghdad works to inaugurate new power plants fueled by natural gas. Ahmad al-Ebadi, a spokesman for the ministry, said the volume of gas imports …
Read More »90% of Nuclear Equipment Domestically Produced
Deputy Head of the Atomic Energy Organization of Iran (AEOI) Pejman Shirmardi has said about 90 percent of the equipment in the field of nuclear technology has been domestically produced which is the result of the efforts by the Iranian scientists. Shirmardi stated on Saturday that approval of the Strategic …
Read More »Hungary Calls for Iran ‘Forceful Return’ to World Energy Markets
The Hungarian foreign minister says Iran’s more forceful return to the global energy markets will serve the interests of all countries. Péter Szijjártó, in a phone conversation with his Iranian counterpart Hossein Amirabdollahian, stressed that the issue of energy is vital for Europe and the world, thanking Iran for caring …
Read More »Iran Accelerates Construction of Phases 2, 3 of Bushehr Nuclear Plant
The head of the Atomic Energy Organization of Iran (AEOI) says construction of the second and third phases of the Bushehr nuclear power plant has been accelerated to tackle Iran’s need to diversify its power generation resources. In a trip to the central Iranian city of Khondab on Friday, Mohammad …
Read More »NIOC’s CEO: Company will not Let any Investment Opportunity with Russia Pass
The CEO of the National Iranian Oil Company has said the signing of strategic cooperation agreement between Iran and Russia is the biggest investment deal in the history of Iranian oil industry. Speaking at a ceremony where the agreement between the NIOC and Russia’s Gazprom Company was signed, Mohsen Khojastehmehr …
Read More »Iran FM: US Has to Choose between Nuclear Deal, Unilateral Demands
The Iranian foreign minister says if the United States wants a lasting nuclear agreement with Iran, it has to stop insisting on its unilateral demands. Hossein Amirabdollahian wrote on his twitter account on Tuesday that he spoke with the EU Foreign Policy Chief Josep Borrell on the phone discussing the …
Read More »Major Iranian Oil Field to Become Operational with $7bn in Domestic Investment
Iran’s oil minister says the project for development of Azadegan joint oil field in the Persian Gulf, will become operational with a 7-billion-dollar funding by a consortium of mostly private sector investors. “For the first time in the history of Iran’s oil industry, the integrated project for the development of …
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