Tag Archives: Iran

The value of Iran’s non-oil trade rose 47 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of last year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. According to the Head of the …

The First Specialized Nuclear Industry Innovation Center was inaugurated in Tehran on Monday in the presence of Atomic Energy Organization of Iran (AEOI) Chief and Vice-President for Science and Technology. The First Specialized Nuclear Industry Innovation Center was launched with the aim of commercializing the research achievements of the country’s …

The gas supply from Iran to neighboring Iraq’s electric power stations feeding the country’s southern and central parts was slashed by 19 million cubic meters per day, according to the local government. “The rates of Iranian gas being supplied to the production stations in the central regions and Baghdad have …

Over the past eight years (the current government’s incumbency) some 400 trillion rials (about $9.523 billion) has been invested for the development of gas supply in Iran, IRNA reported on Saturday. As reported, the development of gas supply using the resources created through saving liquid fuel and also increasing the …

In a report, Reuters claimed that the US intends to avert sales of Iranian oil to China as a way to keep the Islamic Republic at the negotiating table. The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran …

Iran has commissioned the Jask oil terminal and pipeline project along the Sea of Oman to bypass the Hormuz Strait for crude oil exports. Located near Jask port in the southern Hormozgan Province, the terminal has capacity to receive up to one million barrels per day (bpd) of light, heavy, …

The gas extraction from the South Pars gas field reached 183 billion cubic meters in the last Iranian year (ended March 20, 2021), showing a 99 percent growth compared to around 92 billion cubic meters in 2013. The South Pars/North Dome field is the largest gas reservoir in the world, …

Iranian Minister of Petroleum Bijan Zanganeh on Sunday said that OPEC+ cannot turn a blind eye to the return of Iranian oil production to global markets after the imposed sanctions are removed. The Iranian Minister stated that the 18th session was procrastinated due to the UAE opposition 20 days ago. …

Iranian heavy oil price increased $4.96 in June to register a 7.4-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Thursday. Iranian heavy crude oil price followed its upward trend since the beginning of the current year to reach $71.68 per barrel in the …

Based on the Ports and Maritime Organization of Gilan Province report exports from Anzali port experienced 75% growth in weight during the first quarter of the current Iranian calendar year (started on March 21). Speaking to IRNA, Head of Gilan Ports and Maritime Organization Hamid Reza Abaie said non-oil products …