Tag Archives: Iran

The CEO of Pars Oil and Gas Company (POGC) said the onshore refining unit of Phase 14 of supergiant South Pars gas field would become operational by November 2019.

Freedom of navigation must be respected at all times.

A study carried out by the Iranian parliament alleges that the Iranian economy suffers billions in losses each year over the damage inflicted on the environment.

A senior official from Iran’s Ministry of Oil says the country is currently holding abundant stocks of fuel despite US sanction that have affected the oil industry.

Iran’s ports south and north of the country are drawing an unprecedented amount of investment from the private sector as authorities eye a jump in onshore manufacturing activities.

Armenian Parliament Speaker Ararat Mirzoyan blasted the US sanctions on Iran and pressures on other states to stop cooperation with the country. saying that his country cannot halt buying gas from Tehran.

The price of oil spiked just minutes after Tehran seized a foreign vessel which was smuggling one million liters of fuel near Larak Island in the Strait of Hormuz off Iran’s coast.

All 23 crew members of the Stena Impero tanker detained by the Iranian authorities in the Strait of Hormuz are on board the vessel in Bandar Abbas.

The rule of reprisal is a recognized concept in international law and it is used in the face of another country’s illegal measures.

The United States withdrew from the Iranian nuclear deal on 8 May 2018 and imposed economic sanctions on Tehran'.s oil exports.