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 …
Read More »IOOC Implements New High-Tech EOR Pilot Project
Iranian Offshore Oil Company (IOOC) has implemented a pilot enhanced oil recovery (EOR) project in which a nanofluid has been injected into an oilfield in southern Iran for the first time to boost its recovery factor. The high-tech project was unveiled in a ceremony attended by officials from IOOC, the …
Read More »Iran Starts Pumping Oil Into Strategic Goreh-Jask Pipeline
Managing director of the National Iranian Oil Company (NIOC) has announced the beginning of oil transfer operation through Goreh-Jask pipeline which is laid from Goreh oil terminal in the southwestern Bushehr Province to Jask oil terminal along the Gulf of Oman. Masoud Karbasian made the announcement on the sidelines of …
Read More »Russia Calls on US, Iran to Synchronize Steps to Return to Nuclear Deal
Moscow calls on Washington and Tehran to synchronize their steps to return to the Joint Comprehensive Plan of Action (JCPOA) on Iran’s nuclear program, Russian Deputy Foreign Minister Sergei Ryabkov told reporters on Wednesday. “From our standpoint, the United States’ return to the JCPOA is the key issue that needs …
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