Tag Archives: Iran

According to the official statistics of the Islamic Republic of Iran Customs Administration (IRICA), country’s natural gas export value in the first 11 months of the previous Iranian year in 1400 hit more than $4.8 billion. Iran exported more than $4.8 billion worth of natural gas to foreign countries from …

Iran is ready to hold talks with Saudi Arabia and Kuwait on the joint development of the Arash gas field (called Durra in Saudi Arabia and Kuwait), Spokesman of the Ministry of Foreign Affairs of Iran, Saeed Khatibzadeh said, Trend reports citing the ministry. According to Khatibzadeh, as Iran has …

In reaction to a so-called agreement concluded between Saudi Arabia and Kuwait on Arash/Al-Durra Joint Gas Field, Iranian Foreign Ministry Spokesman said that Iran reserves right to operate Arash/al-Durra Joint Gas Field. Arash/al-Durra Gas Field is a joint gas field between Iran, Kuwait and Saudi Arabia and that parts of …

Iran’s Oil Minister Javad Oji says the country needs a $200bn investment in the upstream and downstream and petrochemical industries, the bulk of which has been raised under 50 contracts. Oji said the contracts pertain to the development of oil fields, gas flares and gas fields as well as the …

India is pinning hope on the resumption of crude oil supplies from Venezuela and Iran. India, the world’s third-largest energy-consuming and importing nation, is pinning hope on resumption of crude oil supplies from Venezuela and Iran as well as higher production from OPEC+ nations to help cool international oil prices …

The Iranian Energy Ministry announced that it is planning to install a total number of 550,000 rooftop solar units as part of its push to develop the renewable energy capacity in the country. “The government hopes the number of rooftop solar units in the country will increase to over 100,000 …

Vice President and Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami said that political influences outside the framework of rules and regulations of the International Atomic Energy Agency (IAEA) can not affect Iran ties, underlining that Tehran always acted according to international rules of International Atomic Energy …

National Iranian Tanker Company (NITC) has awarded the project for building a 113,000-ton oil tanker to a high-level domestic company, the company’s managing director announced. According to Hossein Shiva, NITC has awarded the construction of the mentioned vessel to Iran Shipbuilding and Offshore Industries Complex (ISOICO) and the official deal …

The National Iranian Oil Company (NIOC) voices the country’s readiness to supply oil to the global market “at a maximum level,” saying Iran’s potential return to the market could effectively help stabilize soaring crude prices. NIOC Managing Director Mohsen Khojasteh-Mehr told IRNA on Friday that the new Iranian administration has …

Iranian Minister of Petroleum Javad Owji has said that the return of oil and gas revenues is accelerating this year despite the sanctions as compared to last year. “Return of revenues from the sale of crude oil, gas condensate, gas exports, petroleum products and petrochemical products has increased 2.5 times …