Tag Archives: Iran

Iran to Increase Non-Oil Exports to Caucasus

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 …

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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 …

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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 …

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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 …

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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 …

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