Iran has won the first phase of the legal proceeding at the International Court of Arbitration (ICA) over the quality and price of gas it received from Turkmenistan in 2007. an informed source said.
Read More »Iran to Triple Propylene Production
Head of Iran’s National Petrochemical Company Behzad Mohammadi announced that his country will increase its propylene output by three times after the opening of 7 new projects.
Read More »President Rouhani to Open Thermal Power Plant in Northwestern Iran
Iranian President Hassan Rouhani will inaugurate a gas-fired thermal power plant with a 310 megawatt capacity in Haris county of Northwestern province of East Azerbaijan.
Read More »Iran Gains Know-How to Repair Siemens Gas Turbines
Managing Director of Iranian Gas Transmission Company (IGTC) Saeed Tavakkoli announced that the country'.s experts have managed to repair the German-made Siemens gas turbines using indigenized know-how.
Read More »1st South Pars De-mercaptanization Unit Online by March 2020
The first de-mercaptanization unit of South Pars Phase 2 and 3 Refinery has so far gained 78 percent progress and will come on stream by the end of the current Iranian calendar year to March 2020.
Read More »Iranian VP Underlines Positive Economic Growth despite Sanctions
Iranian Vice-President and Head of the Management and Planning Organization Mohammad Baqer Nobakht stressed failure of enemies in leaving a major impact on Iran'.s economy by imposing the toughest-ever sanctions.
Read More »Ex-German Envoy to Iran Appointed as INSTEX Chief
Erbel is to officially take office on August 1. 2019.
Read More »Iran will Reduce Nuclear Deal Commitments more unless Europe Protects It
Iran has said it will reduce its commitment to the nuclear accord in stages and may even withdrew from the pact.
Read More »Iran Wins First Step of Legal Case against Turkmenistan in Gas Dispute
Over the past two years. Iran provided credible evidence to the court which proved that Turkmenistan was not allowed to cut off gas supplies. thus it has to pay compensations to Iran.
Read More »Iran. Iraq Strengthen Financial Ties
Iran and Iraq are bound together by centuries of economic. religious and political ties.
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