Russia’s Foreign Minister Sergey Lavrov on Friday, in support of the Iranian stance on lifting sanctions and nuclear talks, called for a change in the US stance and the return to the international agreement (JCPOA). According to The Russian News Agency TASS, talking to media, Sergei Lavrov, who was visiting …
Read More »Iran Completed Installing 3rd IR-6 Centrifuge Cascades
Iran has completed installing three advanced IR-6 centrifuge cascades at its Natanz fuel enrichment plant (FEP), International Atomic Energy Agency (IAEA) said in a report to member states on Wednesday. Iran has also informed the agency it plans to install an additional six IR-2m cascades at the FEP in a …
Read More »Iran’s Gas Export Income in 4 Months Equals that of Entire Previous Year
Iran has earned as much money from the export of gas in the past four months as it had received during the whole last year, the oil minister said. Speaking to reporters on the sidelines of a cabinet meeting on Wednesday, Oil Minister Javad Owji said the income generated by …
Read More »Iran Exported Commodities Worth $2.2b to UAE in 4 Months
Iran exported non-oil products valued at $2.264 billion to the United Arab Emirates (UAE) in the first four months of the current Iranian calendar year (March 21-July 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA). Based on the IRICA data, the UAE was …
Read More »Turkey to Increase Oil, Gas Imports from Iran
Turkey plans to purchase more oil and gas from Iran amid greater energy needs and developing ties between the two countries, President Recep Tayyip Erdogan has announced. Making the remarks in an interview with the state-owned broadcaster, TRT Haber, on Monday, Erdogan said: “Turkey will increase its purchases of oil …
Read More »Iran Announces Discovery of New Gas Field
The spokesman of the Energy Commission of Iranian Parliament Malek Shahriati announced the discovery of a new gas field north of the South Pars gas field in southern Iran, Trend reports citing YJC. The gas field is estimated to hold 1 trillion cubic meter of natural gas in its reserve. …
Read More »Iran, Syria Enjoy High Potential to Boost Coop. In Oil Sector
Syrian Minister of Oil and Mineral Resources described cooperation between the oil ministries of Iran and Syria as good, emphasizing that the two countries have high capacity to increase bilateral cooperation in oil sector. Bassam Tomeh made the remarks on Sunday on the sidelines of the 3rd International Exhibition of …
Read More »Iran-Russia $40b Oil Contract is a Win-Win Deal
The CEO of Iran’s Petroleum Engineering and Development Company (PEDEC) said that the memorandum of understanding on investment signed between Iran and Russia was an example of a win-win deal. The implementation of the MoU could pave the way for positive developments in Iran’s oil and gas industry, Abouzar Sharifi …
Read More »Afghanistan Signs Deal to Import 350,000 Tons of Oil from Iran
Afghanistan’s finance ministry announced Saturday that a contract was signed for the purchase of 350,000 tons of oil from neighboring Iran. The agreement was signed with an Iranian firm during an Afghan delegation’s visit to the neighboring country. The delegation included representatives of Afghanistan Oil and Gas Corporation, ministries of …
Read More »Hungary Calls for Iran ‘Forceful Return’ to World Energy Markets
The Hungarian foreign minister says Iran’s more forceful return to the global energy markets will serve the interests of all countries. Péter Szijjártó, in a phone conversation with his Iranian counterpart Hossein Amirabdollahian, stressed that the issue of energy is vital for Europe and the world, thanking Iran for caring …
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