Located near the city of Yazd in central Iran, the new power plant will produce 17 megawatts of clean energy. This unique power plant which is being constructed next to Yazd Combined Cycle Power Plant on a 40-hectare land is aimed to develop clean energy, indigenize the knowledge for the …
Read More »Iran’s Oil Export Rising Gradually
A member of energy commission in Majlis (the Parliament) said that oil export of the Islamic Republic of Iran was gradually increasing. Iranian lawmaker Mousa Mousavi said on Saturday that Iran’s oil export has been growing despite oil industry being under sanctions. He said that with plans in place, Iran …
Read More »Iran Consumes Natural Gas Equal to 12 European Countries
Head of National Iranian Gas Company (NIGC) has said Iran is the world’s fourth consumer of natural gas and the country’s gas consumption equals that of 12 European countries, Shana reported. “We are the third-largest gas producer in the world and the fourth largest consumer after Russia, the United States, …
Read More »IAEA Chief: I Need to Meet with Iran’s Senior Officials to Discuss JCPOA
Repeating unconstructive allegations against Iran, the director-general of the International Atomic Energy Agency claimed that he needed to meet with senior officials to discuss a long list of issues related to the Islamic Republic’s nuclear program. “I have not had any contact with this government that has been there for …
Read More »Iran, China Top FMs Discuss Vienna Talks, IAEA Cooperation
The top diplomats from Iran and China discussed upcoming nuclear talks in Vienna on Saturday and Iran’s cooperation with the UN nuclear watchdog. Foreign Minster Hossein Amir-Abdollahian expressed hope to his Chinese counterpart Wang Yi in a telephone call that the US and the Europeans would “enter the negotiations realistically,” …
Read More »Power Plants’ Liquid Fuel Storage up 400m Liters
Head of Iran Grid Management Company (IGMC) has said the liquid fuel storages of the country’s power plants are 71 percent full on average, which means that currently there is 400 million liters more liquid fuel available compared to the previous year. According to Mostafa Rajabi Mashhadi, the amount of …
Read More »Monthly Non-Oil Trade Balance of $650m Achieved
Iran registered a monthly non-oil trade balance of $650 million in the seventh Iranian calendar month Mehr (September 23-October 22), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced. Ruhollah Latifi put the monthly non-oil trade at 19.554 million tons worth $9.886 billion. The non-oil export was …
Read More »Oil Slips as Investors Turn their Focus to Crucial OPEC+ Meeting
Oil dipped for a third day as investors turned their focus to an OPEC+ meeting on production policy after US crude stockpiles expanded. Futures in New York edged toward US$80 a barrel after losing almost 4 per cent over the past two sessions. OPEC+ is gathering later Thursday (Nov 4) …
Read More »Iran Denies It has Given up Caspian Sea Gas Rights to Russia
Iran’s envoy to Russia denies reports suggesting Moscow controls rights for drilling gas in Caspian Sea. A Tuesday statement by Khazar Exploration and Production Company (KEPCO), the Iranian firm which controls petroleum operations in the Caspian Sea, also denied the claims by Dadras, saying they were utterly baseless and constituted …
Read More »Iran Exports $9bn Worth of Non-Oil Goods in Two Months: IRICA
Spokesman for Islamic Republic of Iran Customs Administration (IRICA) said that 29,709,000 tons of non-oil products, valued at $9.413 billion was exported in two Iranian months of Shahrivar and Mehr (from Aug. 23 to Oct. 22). Seyyed Rouhollah Latifi broke the news on Tuesday, saying that 9,686,000 tons of non-oil …
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