Iran’s non-oil exports to the Caucasus region will boom as Armenia is more interested in importing products from Iran rather than Turkey, a commercial official said. “Armenia’s interest in increasing imports from Iran instead of Turkey is considered as a golden opportunity for Iranian traders so that they should take …
Read More »Iran’s Largest Oil Field to be Developed by KAC HQ
General Saeed Mohammad announced that the development project of the Ahvaz oil field as the third-largest oil field in the world and the Reshadat oil field will be carried out by Khatam al-Anbiya construction Headquarters. The development project of Ahvaz oil field as the third-largest oil field in the world …
Read More »Iran Signs 8 more Oil Projects as Part of Plan to Boost Output by 355,000 b/d
The National Iranian Oil Co. on Jan. 11 signed eight more oil projects as part of a $6.2 billion national program started in January 2019 to boost oil production by 355,000 b/d at 33 fields. Eight projects worth $1.2 billion were signed on Jan. 11, potentially boosting oil production by …
Read More »NIOC Inks Deals Worth €1.2b to Boost Oil Output
The National Iranian Oil Company (NIOC) signed eight deals worth €1.2 billion with domestic companies on Monday for developing the country’s oil fields, Shana reported. The deals were signed in a ceremony attended by senior oil industry officials including the Oil Minister Bijan Namdar Zanganeh. The mentioned contracts were inked …
Read More »Iran’s Production of Steel Ingot Surpasses 21.6 Million Tons
Iran’s production of steel ingot gas reached 21,650,100 tons in the first nine months of the Iranian year (started on March 20, 2020), which shows an 8.3-percent rise compared to the same period last year. According to the tables published by the Ministry of Industry, Mining, and Trade, production of …
Read More »Iran to Start Producing Oil from Azar Joint Field Soon
The first phase of Azar join oilfield will become productive soon, Head of Oil Industries Engineering and Construction (OIEC) Group Gholamreza Manouchehri announced. “Given the 97 percent progress of the joint field’s development plan, the first phase of this project is being operated and will be officially inaugurated soon,” Manouchehri …
Read More »Tehran to Host IRAN Oil Show on Jan. 22-25
The 25th edition of Iran International Oil, Gas, refining & Petrochemical Exhibition dubbed “IRAN Oil Show” will be held at Tehran Permanent International Fairgrounds on Jan. 22-25, 2021. This prestigious international exhibition will be held in Tehran given the license issued by the Ministry of Industry, Mine and Trade as …
Read More »Iraq Waiting for Resumption of Iran Gas Supply
Iraq is still waiting for Iran to resume supplying the country with sufficient amounts of gas for power generation, after the US granted Baghdad a 90-day waiver to continue to import electricity from Tehran on Dec. 30. “The reason for power shortages in provinces is the continuing slashing of Iranian …
Read More »S.Korean Officials Head to Iran over Seized Oil Tanker
A South Korean delegation on Thursday departed for Tehran to negotiate an early release of an oil tanker and its crew members seized by Iranian authorities, according to local media. The delegation led by Koh Kyung-sok, director-general of the Foreign Ministry’s Africa and Middle Eastern affairs, left early morning along …
Read More »Iran Urges IAEA to Address Israeli Regime’s Nuclear Status
Iran’s ambassador to Vienna-based international organizations urged the International Atomic Energy Agency (IAEA) to address the Israeli regime’s nuclear status. In a letter to IAEA Director General Rafael Grossi, Kazem Gharibabadi urged the UN nuclear watchdog to draw the attention of all members of the Treaty on the Non-Proliferation of …
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