The Iranian Customs Spokesman said that the amount of non-oil trade of Iran with Oman was 4,190,000 million tons of goods worth more than 1 billion dollars. Roohollah latifi said in an exclusive interview with ILNA that “In the year 1400 (2021-2022), the amount of non-oil trade of Iran with …
Read More »Iran Ready to Cooperate with Bulgaria in Energy Field
In a meeting with the Bulgarian official, Iran’s Deputy Foreign Minister for Economic Diplomacy said that Iran is ready to cooperate with Bulgaria in the energy field. During the meeting held with Deputy Minister of Foreign Affairs of Bulgaria Velislava Petrova on Sunday, Mahdi Safari expressed satisfaction with the increase …
Read More »Iranian Gov’t Restores 1mln bpd Oil Production
Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr said on Sunday that the government of President Seyed Ebrahim Rayeesi has managed to restore 1mln bpd of crude production which had been lost due to the US sanctions. Iran produced 3.838 million bpd before the US pulled …
Read More »Iran Inks Confidential Oil Contract with Foreign Firm
The Manager of National Iranian Oil Company (NIOC) for Investment and Business Affairs announced the conclusion of a confidential contract, valued at €500 million, with a foreign company. Fereydoun Kord-Zanganeh made the remarks on Sunday in an interview with the Iran newspaper and stated that the company signed oil contracts …
Read More »Return of Iran Crude to Market Helps Stabilize Prices
Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani says the return of Iranian oil to world markets will help stabilize oil prices. Iran’s oil is under sanctions imposed by the United States after it withdrew from the Iranian nuclear deal in May 2018, nearly three years after the accord was …
Read More »Iran, Oman Agree to Revive Natural Gas Export Deal
Iran and Oman have agreed to revive a deal for natural gas exports to the latter and jointly develop Hengam natural gas field in the Strait of Hormuz in the Persia Gulf. The agreement was made during the recent visit by Iranian Oil Minister Javad Owji to Muscat. The deal …
Read More »Iran, Turkmenistan Mull over Boosting Electricity Trade
Iran and Turkmenistan discussed ways to expand the electricity swap. A delegation from the Iranian energy ministry headed by the Deputy Iranian Minister of Energy for Water and Wastewater Affairs visited the Turkmen capital of Ashgabat on Tuesday to discuss Iran-Turkmenistan cooperation in the water and electricity field as well …
Read More »Iran Ready to Swap Turkmenistan’s Gas to Armenia
Iranian Oil Minister Javad Oji has expressed the country’s readiness for swapping Turkmenistan’s natural gas to Armenia, Shana reported. Oji made the remarks in a meeting with Armenian Minister of Territorial Administration and Infrastructure Gnel Sanosyan in Tehran on Monday. Speaking in this meeting, the Iranian minister also expressed the …
Read More »Iran Considering Gas Exports to Europe
Iran is considering the possibility of exporting gas to Europe, an oil ministry official said Sunday against the backdrop of soaring energy prices due to Russia’s war in Ukraine. “Iran is studying this subject but we have not reached a conclusion yet,” deputy oil minister Majid Chegeni was quoted as …
Read More »Iran, Venezuela can have Win-Win Oil Cooperation
An expert on energy has said that Iran can participate in Venezuela’s oil exploration and extraction projects to the best of its ability and this is in the interest of both countries and it is a win-win game. Ali Asghar Zargar said in remarks to ILNA that “Both Iran and …
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