US sanctions on Iran and Venezuela’s oil and gas need to be lifted if the world wants oil prices to decrease, says, the Turkish foreign minister. Speaking at a news conference in the southern Mersin province, Foreign Minister Mevlut Cavusoglu dubbed the US criticism “bullying,” as Ankara threw its weight …
Read More »Iran Energy Minister Calls for Expansion of Ties with Nicaragua
Iran’s Minister of Energy Al-Akbar Mehrabian highlighted the country’s cooperation with Latin American states and called for fostering relations with Nicaragua. Mehrabian made the remarks at a video conference with a Nicaraguan delegation. Referring to the history of Iran’s cooperation with Latin American countries, including Nicaragua and Venezuela, the minister …
Read More »Iran-Russia Joint Economic Committee Meeting to Kick off in Russia on Oct. 29
The 16th meeting of Iran-Russia Joint Economic Committee will be held in Russia during October 29-November 1. Iranian Oil Minister Javad Oji and Russian Deputy Prime Minister Alexander Novak will co-chair the meeting. Under the joint economic committee meeting, 19 working groups have been defined, which include a diverse range …
Read More »Clarifying the Position of the Ministry of Oil for Cooperation with Russian Companies
At the Energy Week conference in Russia, Ahmad Asadzadeh emphasized the need to upgrade infrastructure for the development of interactions in the energy sector in the Eurasian region, and by mentioning some examples in the railway and port infrastructure sector, he pointed out the necessity of developing these sectors. He …
Read More »Iran Trade Value with Neighboring States Hits 7% Growth in H1
Statistics showed that 38,650,000 tons of non-oil goods, valued at $24.198 billion, were exchanged between Iran and 15 neighboring states in the first half of the current year, showing a seven percent growth. Iran’s trade value with neighboring states registered a seven percent from March 21 to September 23, registering …
Read More »Iran and Gazprom Create Roadmap for Fields
Iran and Gazprom have created a roadmap on fields, there are several working groups, Iranian Deputy Petroleum Minister Ahmad Asadzadeh said. “Another area is the development of fields in Iran. This is one of the topics in the agreement. We have created a roadmap with Gazprom, we have several working …
Read More »Iran Enhances Gas Exports to Iraq
Director of Dispatching of the National Iranian Gas Company (NIGC) Mohammad Reza Joulai announced that Iran’s gas exports to Iraq increased in the current year. Joulai met and held talks with senior officials of the Iraqi Ministry of Electricity in Isfahan province, Iran on Tuesday. Joulai highlighted in this meeting …
Read More »Exports of Gas from Iran to Turkey Resume
The National Iranian Gas Company (NIGC) has said that Iran has resumed gas exports to neighboring Turkey after repairs on the pipelines were done. According to the official news service of the Iranian Ministry of Petroleum (SHANA), Mohammad Reza Jolaei, an official with the National Iranian Gas Company (NIGC), said …
Read More »Astara Crossing Records $239 mn Non-Oil Products Exports
An Iranian economic official with Astara customs said on Monday that more than $239 million worth of non-oil commodities were exported from the Astara crossing in the first six months of the current year (March 21–Sep. 22). Ali Hossein Zolghadri put the volume of exported non-oil commodities at 402,317 tons …
Read More »Russia Plans to Develop 6 Oil and 2 Gas Fields in Iran
The Iranian deputy oil minister says Russia’s state-run oil company Gazprom is going to develop six oilfields and two gas fields in the Islamic Republic. Ahmad Assadzadeh added that Iranian and Russian officials have agreed during talks in Moscow to fast-track plans to finalize deals to this end. Assadzadeh expressed …
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