Tag Archives: Iran

While the past Iranian calendar year (ended on March 20) was a difficult time for Iran’s oil sector, which is the country’s major source of income, some great performance was witnessed in terms of refining and distribution of oil and oil products. A four-fold rise in the exports of oil …

Three billion dollars non-oil exports were registered from East Azarbaijan Province, northeast of Iran, in the past Iranian year ended on March 19, 2021, a provincial official announced on Sunday. Habib Aminzadeh, head of chamber of commerce, mine and industry of the province, made the remarks at a press conference. …

China’s crude oil imports are estimated to have declined by 8.81 percent month over month in March to stand at 11.26 million barrels per day (bpd), energy analytics services provider OilX said, noting that its assessment doesn’t show massive crude flows from Iran into China last month. In recent weeks, …

Iran is planning to start exports of gas and electricity to Oman, an official with the Trade Promotion Organization of Iran (TPOI) said on Saturday. “We are pursuing the exports of gas and electricity to Oman,” Farzad Piltan said. “Next year we will hold a joint economic commission between Iran …

While OPEC+ had agreed to cut oil production to keep market balance and is now easing the cut in a phased manner, Iran is exempt from making cuts until it reaches December 2016 production level – namely near 4 million barrels per day, as confirmed by Iranian officials and OPEC+ …

A spokesman for the Iraqi Ministry of Electricity has expressed hope that the Iranian authorities would supply gas needed for Iraqi power plants. In the meantime, the United States has granted Iraq the maximum extension to a sanctions waiver, allowing Baghdad to import electricity and gas from Tehran. “Baghdad is …

Iran’s Oil Minister Bijan Zanganeh said that the country has produced 25 million tons of petrochemicals during the past calendar year (ended March 20). “Iran’s petrochemical production capacity reached 25 million tons in last year,” Zanganeh said at the end of the 15th OPEC Plus Ministerial Meeting, and added that …

Ahmed al-Ebadi, a spokesman for Iraqi Ministry of Energy, said on Tuesday that his country is looking forward to receiving more gas from Iran. Al-Ebadi told Iraq’s NAS News that Iraq’s debt to Iran is ready to be delivered to Iran. Iran claims that Iraq’s debt to the country for …

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 …