Non-oil products worth $61 million were exported from Arvand Free Trade Zone (FTZ), in Iran’s southwestern province of Khuzestan, during the 1.5-month period since the beginning of the current Iranian calendar year (March 21), according to a provincial official. Seyed Ali Mousavi, the deputy head of Arvand Free Zone Organization …
Read More »Iran’s Yazd Province Generating 71.5 MW Solar Energy
Yazd Province in the middle of the Iranian plateau enjoys the opportunity of generating solar power in nine months of a year, so for an eight-year period, President Hassan Rouhani’s administration has attached importance to developing solar power plants with the capacity 71.5 megawatt of energy. Utilizing renewable energies has …
Read More »Iran to Use $125m of Assets Held in Iraq to Buy Covid-19 Vaccines
Iranian Energy Minister Reza Ardakanian, who is the chairman of the Iran-Iraq Joint Economic Committee, has said Iraq is going to transfer $125 million of its energy dues to Iran to a European bank to be paid for 16 million COVAX Covid-19 vaccines. “The necessary license has been issued to …
Read More »Iraq Is Iran’s 2nd Biggest Non-Oil Export Destination
Iraq was reported to be Iran’s second biggest non-oil export destination for the period from 21st March to 21st May. Mehdi Mir-Ashrafi, the head of the Islamic Republic of Iran Customs Administration, is quoted as saying that Iran exported $2 billion worth of non-oil exports to China over that time, …
Read More »Oil Steady near One Week High as Prospect of Iran Glut Wanes
Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets. Brent crude futures were down 1 cent at $68.45 a barrel by 0701 GMT, having jumped …
Read More »Salehi: 60, 20 and %5 Enrichments still Going On
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi said here on Monday that the %60, 20% and 5% enrichments still continue. He said the quantity of Iran’s stored %20 enriched uranium is now over 90 kilograms. About further extension of recording time for the IAEA cameras …
Read More »Iran Extends Its Deal with IAEA for One More Month
Kazem Gharibabadi, the Iranian Ambassador to International Organisations in Vienna, says Tehran has informed the International Atomic Energy Agency (IAEA) of its decision to extend an earlier deal with the UN’s nuclear watchdog for one more month at most. According to Gharibabadi, the IAEA cameras will be allowed to continue …
Read More »Ulyanov: Iran-IAEA Agreement to be Beneficial in Vienna Talks
Russia’s Permanent Representative to International Organizations in Vienna said that reaching an agreement between Iran and IAEA will be beneficial to all sides in the Vienna talks. Mikhail Ulyanov in a Sunday tweet wrote,” We wish the #IAEA and #Iran to reach agreement on extension of the bilateral technical understandings …
Read More »Iran-IAEA Agreement Maybe Extended for Another Month
An informed source in the Secretariat of Iran’s Supreme National Security Council announced the possibility of extending the agreement between Iran and the International Atomic Energy Agency for one month. Due to the end of Iran’s quarterly deadline to the International Atomic Energy Agency, there is a possibility of conditional …
Read More »India still Interested in Farzad B Gas Field as Refineries Eye Iran Crude
India is still hopeful it can participate in the Farzad B natural gas field development in the Persian Gulf after Iran decided to go ahead with the project without foreign participation, oil ministry officials told S&P Global Platts on May 23. With US and Iran talks progressing to end sanctions …
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