Statistics showed that Iran’s non-oil exports value from August 23, 2021 to June 21, 2022 topped $44 billion, showing a hike as compared to the same period of last year. Iran exported 104.452 million tons of non-oil goods, valued at $44.254 billion since the 13th government under President Raeisi took …
Read More »Iran, Nigeria to Develop Energy Cooperation
Pointing to the signing of a memorandum of understanding (MoU) between Iran an Nigeria on cooperation in variou fields including exports of technical and engineering services and petrochemical products (Urea), Iranian Oil Minister said, “The two countries have great capacities that can use them to expand bilateral relations in the …
Read More »Iran Ready to Increase Oil Exports with Sanctions Removed
Tehran is ready to increase its oil exports immediately after the sanctions are removed, Iranian Minister of Petroleum Javad Owji said on Friday, noting that in the first year of the 13th Iranian Government, over $100 billion of oil and gas agreements have been signed. Owji said on Friday on …
Read More »Iran, US may Need Several weeks to Resolve their Differences
US and Iran remain at loggerheads over key details of an emerging deal to revive a landmark nuclear agreement and may need several weeks to resolve their differences, US media said quoting officials familiar with the talks. Expectations of an imminent breakthrough grew as Washington and Tehran responded to a …
Read More »Iran should Become Hub for Designing, Building Nuclear Power Plants
Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami says the country should become a hub for the designing and building of nuclear power plants in the coming years. Eslami said on Thursday that an ongoing global fuel crisis had made the use of nuclear energy more relevant. …
Read More »Iranian Oil Minister Says Tehran Ready to Meet Europe’s Energy Needs in Winter
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 »Hormozgan to Turn into Refining Hub of Iran
Iranian Oil Minister Javad Owji said numerous projects have been defined in the southern province of Hormozgan to turn it into a refining hub within years. Speaking to reporters on the sidelines of a virtual ceremony to launch a major gas project in Kish Island on Monday, Owji said that …
Read More »Iran’s Oil Production Capacity to Reach 4.038m bpd
National Iranian Oil Company (NIOC) is planning to boost the country’s oil production to 4.038 million barrels per day (bpd) in the current Iranian calendar year (ends on March 20, 2023), Shana reported on Monday, quoting an official with the company as saying. According to Hormoz Qalavand, NIOC’s director of …
Read More »Iran Sends Technical Team to Help in Cuba Oil Tank Fire
In line with the goals of activating energy diplomacy by the Iranian Ministry of Petroleum, after a massive fire occurred in oil facilities in Cuba by lightning, a group of Iranian experts was sent to help the country. After lightning struck a large crude oil storage facility in the city …
Read More »Iran’s Non-Oil Export to Neighbors Grows 22% in 4 Months on Year
The value of Iran’s non-oil export to its neighboring countries increased 22 percent in the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) …
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