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 …
Read More »Iran’s Non-Oil Exports Grow 46%
Head of Iran’s Customs Administration (IRICA) Mehdi Mir-Ashrafi said that the country exported $5.6 billion worth of non-oil goods and commodities to foreign countries from March 21 to May 15, 2021, showing a 46% rise compared with the same period last year. Mir-Ashrafi said that some 15.5 million tons of …
Read More »Iran to Develop Offshore Farzad B Gas Field without India
The National Iranian Oil Co. is set to sign a $1.78 billion deal with a domestic company to develop the Farzad B gas field in the Persian Gulf, oil ministry news service Shana reported May 16. Petropars, Iran’s leading general contractor, will ink a buyback deal with NIOC on May …
Read More »Iran’s Non-Oil Exports up 80% in Current Year
The Minister of Industry, Mine and Trade said that Iran’s export of non-oil commodities registered an eighty percent hike in the first two months of the current Iranian calendar year (from March 21 to May 20). Speaking in a get-together meeting of programs on promoting export in the country on …
Read More »Iran-IAEA Agreement must Gain Governing Bodies’ Approval
Foreign Policy Commission Spokesman Abolfazl Amouei said that the extension of the agreement between Iran and the IAEA must gain approval of Iranian governing bodies. “According to Strategic Action Plan to Counter Sanctions, the agreement between Iran and the International Atomic Energy Agency to lift sanctions is subject to a …
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