Tag Archives: Iran

The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.277 million barrels per day (bpd) of crude oil in August, registering a 4,000-bpd increase compared to the previous month. As reported, Iran has maintained its place as OPEC’s third-biggest oil producer after Saudi Arabia …

Iranian Ambassador to Russia Kazem Jalali says that Russia’s investment in Iranian oil fields is among the areas of energy cooperation between Tehran and Moscow. “We are cooperating with our Russian partners in the energy sector. First, there are investments by the Russian side in Iranian oil fields. We are …

Liquefied natural gas (LNG) has become the world’s most sought-after emergency energy source following Russia’s invasion of Ukraine on 24 February 2022. This is because it is readily available in the spot markets and can be moved quickly to anywhere required, unlike gas or oil sent through pipelines. Unlike pipelined …

Head of National Iranian Oil Refining and Distribution Company (NIORDC) Jalil Salari says the country is currently producing over 30 million liters of Euro 4 gasoline and 70 million liters of Euro 5 gasoline on a daily basis. Referring to the growth of all the country’s refineries in the production …

Iran is eager to collaborate with Russia and facilitate the transit of Russian natural gas through its territory. According to the Russian news agency TASS, the Iranian Ambassador to Moscow, Kazem Jalali, said on Saturday, “We are very interested in working with Russia. We are ready to transit Russian gas …

Iran has been expanding its oil destination markets as the country is pushing to send more oil to the global markets in an attempt to neutralize Western sanctions. Iran has sent shipments of crude oil to new destinations such as Bangladesh and Oman, according to shipping sources and data cited …

Iran’s Ambassador to Russia Kazem Jalali has described the Iran-Russia gas transfer as a win-win deal. In an interview with IRNA which was published on Sunday, Jalali said that the landmark project will benefit both sides. In the past, there were some speculations that Tehran and Moscow were rivals when …

Based on the latest data released by the Iranian Ports and Maritime Organization (PMO), some 76,330,052 tons of goods were loaded and unloaded at the country’s ports in the first four months of the current Iranian calendar year (March 20- July 21). As reported, during the mentioned four months more …

The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four months of this year 1403 in the Iranian calendar (started March 21, 2024). Iran exported $17.5 billion worth of non-oil goods from March 21 to …

The head of the Islamic Republic of Iran Customs Administration (IRICA) said that in the first four months of the current Iranian calendar year (March 20-July 21) the country exported $17.5 billion non-oil goods, registering an 8.0 percent growth, year on year. Mohammad Rezvanifar put the total value of the …