Rashid Al-Ghilani, Oman’s Chargé d’affaires in Tehran, has said his country welcomes investment in Iran’s renewable energy sector. Al-Ghilani made the remarks in an Iran-Oman business forum in Tehran on Sunday, the portal of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported. The forum, focusing on the …
Read More »Iran’s Trade with African States Surpasses $1.4 bn
Iran’s trade with African states reached 2.65 mn tons worth $1.41 bn during the first 8 months of current Iranian year (March 21-Nov. 21), registering a 53.55% and an 82.51% rise in weight and value year-on-year, respectively. South Africa with 526,830 tons worth $287.11 million was the main trade partner …
Read More »Iran’s First Coal-Fired Power Station Plan on Track
The construction of the first phase of Iran’s first coal-fired power plant in Tabas, South Khorasan Province, has registered a work-in-progress rate of 35%. Based on data from the Thermal Power Plant Holding Company, the boiler of the plant has been imported on account of its higher technology, which will …
Read More »Iran Rich Gas Output Hits 1.04 bcm/d
National Iranian Oil Company (NIOC) produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, said a NIOC official. The director of production supervision of National Iranian Oil Company (NIOC) said that currently, NIOC produces 1 billion and 40 million cubic meters …
Read More »Iran’s Exports to Iraq via Khosravi Border up 28% in March-Dec.
Iran exported more than $621.761 million worth of non-oil commodities to Iraq via the Khosravi border crossing in the first nine months of the calendar year that started in late March, up 28% compared to the same period last year. Mehdi Abbasi, director of the Khosravi Customs Office, told IRNA …
Read More »Iran, Belarus to Sign MoU on Scientific Coop. in Oil Industry
Iran’s Petroleum University of Technology (PUT) and the Belarusian State Technological University (BSTU) will sign a memorandum of understanding for cooperation through video conference. The document will be aimed at starting scientific activities and meeting the needs of the oil industry and establishing a close relationship between the two parties. …
Read More »Iran’s Trade with Persian Gulf States Tops $20 bn in 8 Months
Iran’s exports to Persian Gulf states reached 25.01 million tons worth $8.87 billion while imports stood at 8.19 million tons worth $11.35 billion. Iran traded 33.2 million tons of goods (excluding crude oil exports) worth $20.22 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, …
Read More »Iran Gas Output from South Pars Hits 0.7bcm/d
The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters. According to Pars Oil and Gas Company, Mohammad Hossein Motejali said the company raised its gas production from the massive gas field due …
Read More »Iranian Companies to Participate in Iraq’s Energy Projects
In coordination with the Iranian Oil Ministry’s representative office in Baghdad, the Iraqi Oil Ministry has notified all its affiliated entities about Iranian companies’ readiness for participation in the country’s energy projects, Shana reported. The oil ministries of Iran and Iraq have established a joint working group in order to …
Read More »EIA: Despite Sanctions, Iran Gets $34b of Oil Revenue in 7 Months: EIA
U.S. Energy Information Administration (EIA) in a recent report has put Iran’s oil revenues earned in the first seven months of 2022 at $34 billion, only five billion less than Iran’s total oil revenue in 2021. Based on the EIA report, Iran’s average monthly income from oil sales in January-July …
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