Iran’s Minister of Petroleum Bijan Zangeneh said on Monday that the US sanctions imposed by US President Donald Trump on the Iranian oil industry officials are due to his sense of revenge and drudges against Iran. Speaking in the opening ceremony of 181 natural gas projects in Fars Province through …
Read More »Iran-Qatar Poised to Strengthening Bilateral Economic Ties
Islamic Republic of Iran and Qatar are determined to enhance and broaden mutual economic relations. For this purpose, the Iranian Energy Minister and Chairman of Iran-Qatar Joint Economic Cooperation Commission Reza Ardakanian arrived in the Qatari capital Doha on Monday to discuss the relevant issues. In this meeting, made for …
Read More »Iran – Afghanistan Economic Cooperation A Requirement for Regional Security
Iranian Energy Minister Reza Ardakanian said on Sunday that increasing economic cooperation between the two countries is one of the important requirements for achieving sustainable development and regional security. The Iranian energy minister made the remarks during a meeting with the Special Representative of the UN Secretary-General for Afghanistan Deborah …
Read More »SP 8th Refinery Produces 10bcm of Gas in 7 Months
The 8th Refinery of Iran’s South Pars gas field produced over 10 billion cubic meters (bcm) of gas in the first seven months of the current Iranian calendar year (March 20-October 21), the refinery’s operator announced. Referring to the recording of the best performance in production and safety among all …
Read More »Iran Begins Drilling on Phase 11 of South Pars Field
The drilling operation on Phase 11 of South Pars Gas Field in southern Iran began on Saturday, an official reported. Mohsen Rezaei, the caretaker of the development project of Phase 11 of South Pars Field, said that the project aims to excavate about one billion cubic feet of gas from …
Read More »Iran Sends 8th Non-Oil Cargo to Oman via Sirik
Iran has shipped the second non-oil cargo to Oman via Sirik Port in southern Hormozgan province, Governor of Sirik County said on Wednesday. According to Ahmad Jamaleddini, the 610-ton consignment contains fresh fruits and vegetables, dried nuts and construction material with a collective value of 150 billion rials (Over $530 …
Read More »Iran’s 7-Month Non-Oil Exports Stand at $18.2b
Iran exported 65.5 million tons of non-oil commodities worth $18.2 billion during the first seven months of the current Iranian calendar year (March 20-October 21), registering a 17.5-percent fall in terms of weight, compared to the figure for the previous year’s same period. According to the Head of the Islamic …
Read More »Iran Eying 15% Rise of Non-Oil Exports in H2
Iran’s Deputy Minister of Industry, Mine and Trade Hamid Zadboum said the country is considering to increase export of non-oil products by 15% in the second half of the current Iranian calendar year (September 22, 2020 -March 20, 2021). “Although spread of the coronavirus disease has decreased global trade almost …
Read More »Iran, Russia Renew Agreement on Sirik Power Plant
Iran and Russia have renewed agreement on construction of Sirik power plant in southern Iranian province of Hormuzgan, Iran’s Ministry of Energy said on Saturday. The project will become operational soon after approval of a loan from Russia, director of power plant projects in Iran Behnam Khaefinejad has said. As …
Read More »Era of Unilateralism Over
Oil Minister Bijan Zangeneh on Monday slammed the US for imposing sanctions against him, saying that the era of unilateralism is over in the world. “Imposition of sanctions on me and my colleagues is a passive reaction to the failure of Washington’s policy of reducing [Iran’s] crude oil exports to …
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