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 …
Read More »Iran-Kenya Trade at $50 Million
Iran and Kenya traded $50 million worth of goods in the first eight months of the current Iranian year (March 21-Nov. 21), according to an Iranian official. Iran’s exports to Kenya reached 86,156 tons worth $38.3 million during the period, registering a 20% year-on-year decrease, says Rouhollah Latifi, the deputy …
Read More »Iranian Oil Tanker Reportedly Arrives in Venezuela
Media sources on Tuesday reported that an Iranian tanker carrying about 2 million barrels of ultra-light oil arrived this week in Venezuelan waters. Venezuela and Iran, both under United States sanctions, have recently expanded cooperation mainly through a swap that provides Venezuela’s state-run oil company PDVSA with light oil for …
Read More »Goods Transited from W Iran up Four-Fold
Commodities transited from Customs of Iran’s Kermanshah have seen a four-fold hike during 8 months, according to a provincial customs official. The head of the Kermanshah Customs Administration said that customs in the province have witnessed revenue of around 359.4 billion tomans in the eight months of this year. The …
Read More »Iran Begins Procedures to Build Darkhovin Nuclear Plant
The construction project of the Darkhovin Nuclear Power Plant began in the presence of the Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami, and a number of senior nuclear officials in Khuzestan province. The Darkhovin Nuclear Power Plant is a planned nuclear power plant located about 70 …
Read More »No Evidence that Iran Wants to Develop Nuclear Weapons
There is no evidence that Iran intends to develop nuclear weapons, reviewing its participation in the NPT, Vladimir Yermakov, director of the Russian Foreign Ministry’s Non-Proliferation and Arms Control Department said. “Iran has been and remains a conscientious participant in the Treaty on the Non-Proliferation of Nuclear Weapons. The conclusion …
Read More »Unloading, Loading of 142 Million Tons of Goods in Iran Ports
Data released by the Ports and Maritime Organization of Iran show that over 142 million tons of goods have been unloaded and loaded in the Iranian ports in the first 8 months of the current Iranian year of 1401. During the said period (Mar. 21-Nov.21), 34,543,036 tons of non-oil goods …
Read More »Iran’s Q1-3 Trade with EU Rises 18% YOY to €3.9 bn
Iran and the European Union’s 27 member states traded €3.98 billion worth of goods during the first three quarters of 2022, registering an 18.35% rise compared with last year’s corresponding period. New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during …
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