The nuclear deal signed between Iran and the six world powers in 2015 has opened up the Islamic Republic to the world. both economically and politically.
Read More »Iran’s Oil Ministry Urged to Exploit Shale Oil Resources
A large volume of high quality oil can be extracted from the shale.
Read More »Iran Starts Construction of 890 MW Combined-Cycle Power Plant
Close to 12.000 MW is produced from hydroelectric plants and 1.000 MW from the sole nuclear power plant in Bushehr in the south.
Read More »Ashgabat Ready for More Talks with Tehran over Gas Export Cut
Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.
Read More »Iran Exports Major Condensate Cargo to Japan
South Korea is a key importer of Iran’s condensate.
Read More »Oil Rises Near US$53 as Iraq Says Close to Full OPEC Cut Pledge
The market is waiting to see how the Opec cuts and US supply situation plays out.
Read More »Iran Resuming Pre-Sanctions Power Output Growth
Iran is planning to cut liquid fuels in power sector by increasing gas deliveries in coming years as well.
Read More »Value-Added Chain Complete in SP Phase 19
Iran currently produces 8 million tons of LPG per year.
Read More »Oil Money Easily Transferred to Iran
The money will be injected to the country'.s economy in the future months.
Read More »Iraq Pipe-Dreaming as Iran Readies Natural Gas Supply-Line
The pipeline will connect the South Pars/North Dome Gas field shared by Iran and Qatar with the Iraqi city of Basra.
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