Tag Archives: Iran

Iranian Energy Minister Reza Ardakanian announced that a number of 20 power plants. with the generation capacity of 3.000 megawatts. will go online by the end of the current local calendar year on March 20.

The Grace 1 supertanker. carrying 2.1m barrels of oil. was Illegally detained by British Marines off the coasts of Gibraltar on 4 July.

The Average of Iranian crude oil prices from the beginning of 2019 has been $63.15.

Islamic Republic of Iran has currently electricity exchanges with some of neighboring countries including Armenia and Iraq.

Britain had said the vessel was violating European sanctions by taking oil to Syria. a charge Iran denies.

National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX).

Gibraltar on Tuesday said it plans to de-escalate tensions with Iran over the seizure of Grace 1 supertanker. reinvigorating hopeful speculations that it might release the large vessel soon.

New statistics show that Iran has exported about 20% more steel this year. while it has cut down its imports of the item by 208%.

A senior official in Iran’s petrochemical industry announced that the country will float 2 more Pet-Chem companies in the stock market as it seeks to finance expansion projects in downstream.in a bid to soft-pedal the impact of the US unilateral sanction.

Deputy Head of Iran'.s Ports and Maritime Organization (PMO) for Maritime Affairs Jalil Eslami announced on Tuesday that the Iranian oil tanker which was seized by the British forces in the Strait of Gibraltar will be freed in the near future.