Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi inaugurated isotope technologies labs complex in Arak, Markazi province in Western Iran. “The research-production project was funded through the income of Arak Heavy Water Production Plant,” Salehi said addressing the inauguration ceremony on Saturday. He expressed the hope …
Read More »NISOC’s Oil Desalination Plant in Southern Iran to Go Operational by Mar. 2022
The director of engineering and construction at the National Iranian South Oil Company (NISOC) announced that the company’s crude oil desalination plant has reached progress of more than 90 percent and is expected to go operational in the current Iranian calendar year (ends on March 20, 2022). According to Ebrahim …
Read More »Iran’s Foreign Trade Tops 47% in 4 Months
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 …
Read More »Iran Opens 1st specialized Nuclear Industry Innovation Center
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 …
Read More »Iran Slashes Gas Supplies Feeding Parts of Iraq’s Electric Power Stations
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 …
Read More »Over $9.5b Invested to Develop Gas Supply in 8 Years
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 …
Read More »US Seeks to Block Sale of Iranian Oil to China
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 …
Read More »Iran Commissions New Oil Terminal to Bypass Hormuz Strait for Exports
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, …
Read More »99% Increase in Gas Extraction from South Pars Field
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, …
Read More »Minister: OPEC+ mustn’t Ignore Iran’s Oil Return to Market
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. …
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