Tag Archives: Iran

Tehran can increase its oil production to 6.5 million barrels per day, more than double the current volume without any problems, Bijan Zanganeh, the Iranian oil minister, said on Monday as published by the ministry’s Shana portal. US Imported Oil Twice From Iran in Last Two Quarters Despite Sanctions, EIA …

Iran and six world powers have made significant progress in talks to revive their 2015 nuclear deal but important issues still need to be resolved, the Iranian Foreign Ministry spokesman said on Monday. Iran and the powers have negotiated in Vienna since April to work out steps that Tehran and …

Iran’s Oil Minister Bijan Zanganeh said his country is ready to increase gas exports to Iraq. “We are ready to increase the gas exports to Iraq,” Zangeneh said in a meeting with a visiting Iraqi delegation led by Finance Minister Ali Abdul-Amir Allawi on Saturday. In a relevant event in …

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 …

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 …

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 …

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, …

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 …

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 …

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 …