The demand for oil is much higher than its current level of production.
Read More »NIGC Expands Reach in West Azarbaijan
Iran holds the world’s second largest gas reserves after Russia and the clean fossil fuel is its single biggest source of energy.
Read More »Iran. Pakistan to Commission Gas Pipeline Project
This project will take Iran'.s gas supplies to its energy hungry neighbor.
Read More »Tehran-Tokyo Ties to Boost with Japanese PM Abe’s Visit
Iran and Japan enjoy historic and friendly relations.
Read More »No Talks or Perspective for Talks with US
The tensions between Iran and the US are rooted in (the US) economic terrorism and sanctions.
Read More »India Likely to Resume Importing of Iranian Crude Products
It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.
Read More »Iranian April Crude Imports Hit 5-Year High
China'.s crude oil imports from Iran hit a five-year high in April at 792.380 b d or 3.24 million mt. before the expiry of US sanction waivers for Iranian oil May 2. data released Sunday by the General Administration of Customs showed.
Read More »Indian Govt to Resume Oil Imports from Iran
Indian New govt plans to hold talks with Iran at the earliest to discuss ways to resume oil imports and is even looking to pay in Indian currency. ThePrint reported on Tuesday.
Read More »Iran. Uzbekistan Ready to Start Direct Flights Soon
A senior Iranian economic official announced negotiations with the Uzbek officials to launch direct flights between the two countries.
Read More »Petchem Plant Breaks Production Export Record
Pardis Urea and Ammonia Plant has registered a new production and export record in the calendar year of 1397 which ended on March 20.
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