Tag Archives: Iran

The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6% increase in Iran’s annual sweet gas production. “Fortunately, despite the embargos imposed on the country and obstacles caused by the coronavirus outbreak, growth and development did not stop in Iran and we continue to …

Managing-Director of National Iranian South Oil Company Ahmad Mohammadi said on Monday that the company’s production has increased by 30% in the second half of the past Iranian year (ended on March 19). Speaking to IRNA, the official also predicted that the company’s production capacity will make another 10% growth …

Chairman of Iran’s Trade Promotion Organization (TPO) said on Tuesday that Iran’s foreign trade surpassed 65 billion dollars in the past 11 months, with non-oil exports rising despite US sanctions. In a meeting with exporters in Qazvin province, Hamid Zadboum said that Iran’s foreign trade stood at 41.3 billion dollars …

The latest data published by the Organization of the Petroleum Exporting Countries (OPEC) shows steady growth in Iran’s crude oil output in February. According to the OPEC report, Iran’s oil production rose by 35,000 barrels per day to 2.12 million bpd in February. The country’s heavy crude oil price also …

The Islamic Republic of Iran has reportedly increased its crude oil export to China in recent months. According to Reuters, Iran has moved record amounts of crude oil to top client China in recent months, while India’s state refiners have added Iranian oil to their annual import plans on the …

Iran is to construct an oceanic port in the Sea of Oman where the country’s largest oil terminal will be built. Iranian Minister of Roads and Urban Development Mohammad Eslami said the project is aimed boosting the country’s crude exports. “We have always wanted to take [Iran’s] oil exports beyond …

Russia’s Permanent Representative to the International Organizations in Vienna said that Moscow is working to ease tensions over Iran’s nuclear program. In a tweet on Tuesday, Mikhail Ulyanov wrote, “The key point at the current meeting of the International Atomic Energy Agency’s Board of Governors is that whether the discussions …

CEO of National Iranian Gas Company Hassan Montazer Torbati said on Tuesday that Iran’s gas export has made 100 percent growth in 8-year term of the incumbent Government with 18b cubic meters export in the current year compared with 9b cm export in 2013. Torbati made the remarks in an …

Iranian Energy Minister Reza Ardakanian announced that Iraq would pay its arrears to Iran as part of an agreement with Tehran, saying that the neighboring country will fully pay its debts. “There is no reason to worry about payments related to electricity exports to Iraq as this is carried out …

Iran’s non-oil foreign trade stood at 134 million tons worth $65.5 billion during the 11 months ending February 18. According to Ruhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration, 103 million tons of commodities worth $31.2 billion were exported, while around 30.8 million tons of goods …