Tag Archives: Iran

A report released by Organization of the Petroleum Exporting Countries (OPEC) indicates that Iran’s oil production in January experienced 21,000 barrels per day increase, reaching the highest production level comparing last three years. Despite continued economic sanctions on the Islamic Republic, its crude oil production reached more than 2.5 million …

Iranian scientists succeeded in breaking the US monopoly in producing electron accelerators, Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami said. “A while ago I wrote about the important role of electron accelerators in this Instagram page and pointed to inspiring research and activities of nuclear scientists …

The managing director of National Iranian Gas Company (NIGC) has said all of the country’s rural and urban population will have access to natural gas through the national gas network within the next two years, IRNA reported. Speaking in a ceremony for the inauguration of a project for gas supply …

Iran’s oil exports have increased by 40 percent in recent months and the oil, gas, condensate and oil products export revenues are expected to reach $35 billion by the end of the current Iranian calendar year (March 20), Shana reported on Sunday. According to Finance and Economic Affairs Minister Ehsan …

Director of Production and Operations of Pars Oil & Gas Company announced the cumulative growth of gas production from South Pars since the beginning of operation in 2002 at about 2,000 billion m3. The duties of Pars Oil & Gas Company are divided into 2 areas of development and production, …

Iran has started gas supply testing to Turkey in limited quantities, which is expected to alleviate natural gas cuts to the country’s industry starting on Jan. 31, Petroleum Pipeline Corporation (BOTAŞ) said Friday. Iran had previously confirmed it would not send natural gas to Turkey starting from Jan. 20 for …

Iran’s LPG exports are projected at around 6 million mt in 2022, with China poised to remain the main buyer, and the volume could be higher if the US lifted sanctions imposed by former President Trump on the country’s energy sector since 2018, sources familiar with the matter said. “The …

Iran Newspaper reported on Wednesday, quoting head of the Islamic Republic of Iran Customs Administration (IRICA) Alireza Moghadasi, that new statistics of Iran’s foreign trade show that Iran’s non-oil exports in the beginning 10 months of the current Iranian calendar year (starting on 20 March 2021) reached $38.763 billion. According …

Turkey is undergoing massive power cuts to industrial customers this week at an unprecedented level never seen before after the country’s natural gas supplies dipped following a disruption of imports from Iran. Major industrial zones and clusters and major production sites, including those of foreign car manufacturers, are being hit …

Expansion of energy exchanges between Russia and Iran as two countries possessing respectively 37 percent and 15 percent of gas and oil reservoirs in the world can pave the way for diminishing petrodollar dominance if Moscow and Tehran omit dollar in economic interactions. The increase of bilateral cooperation between Iran …