The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.
Read More »Iran. Norway Sign Deal over Solar Power Project
The first phase of the capacity addition entails the implementation of 120 megawatts of capacity at an estimated cost of $120 million per 100 megawatts.
Read More »Total’s Delay on Gas Project Raises Doubts in Iran Parliament
Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »Nuclear Scientists Urge US Congress to Preserve Iran Deal
Trump has railed against the 2015 agreement. negotiated under his predecessor Barack Obama. describing it as a giveaway to Iran.
Read More »Iran. Russia building 2 nuclear power plants in Bushehr
The new power plants will triple Iran’s nuclear-generated electricity production to about 3.3 thousand megawatts a year.
Read More »Austria Stands by Iran over JCPOA
JCPOA is a collective agreement endorsed by the UN [Security Council] Resolution and no one can terminate it unilaterally.
Read More »Iran Prepares to Start Crude Oil Export to Russia
Russia will pay half of the oil money in cash in euro and the other half in the form of goods and equipment.
Read More »Azar Oilfield Output Exceeds 4.6m Barrels
Azar. with an extraction rate of 16%. is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Trump`s Threat to Scrap Iran`s Nuclear Deal Imperil Peaceful Negotiations with N.Korea
Donald Trump'.s threat to scrap the Iran nuclear deal could imperil efforts to negotiate a peaceful outcome with North Korea.
Read More »Iran – Germany Group Inks Pipe Deal with NIOC
A total of 12.500 drill pipes and 1.800 drill collars will be delivered to NIOC.
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