Iranian Energy Minister announced on Sunday that the country plans to increase its nuclear power capacity from its current 1,000 megawatts to 3,000 MW in future. In this regard, the construction of two new 1,000-megawatt-nuclear power plants is underway in Bushehr, Reza Ardakanian said. The minister lamented that lack of …
Read More »Iran Exports $2.47 Billion Goods from Bushehr Province in Past Six Months
More than 11 million tons of non-oil goods worth over $2.47 billion were exported from Bushehr Province in southern Iran during the past six months of the current Iranian year (starting from March 20), Bushehr Province Department of Industry, Mine and Trade said on Sunday. Hossein Hosseini said that China, …
Read More »Iran’s Fajr Jam Refinery Ups Gas Output by 7 Percent in 6 Months
CEO of Fajr Jam Gas Refining Company Abdolsamad Najafi announced a seven percent rise in gas production of the facility in the first half of the current Iranian year (March 20, 2020-September 21, 2020). “Refining and production of natural gas as the main product of this company has increased by …
Read More »Iran Ready to Connect Power Grid to Europe
Iranian Energy Minister Reza Ardakanian expressed his country’s preparedness to supply electricity to Europe. Ardakanian said that, enjoying enormous energy resources and having skilled manpower and facilities in the field, Iran can pave the ground for expansion of energy corridors, especially electricity transmission corridor. “In order to help promote communications …
Read More »Steel Industry in Full Swing
Iran’s crude steel production reached 18.625 million tons in the first eight months of 2020 to register an 11.3-percent increase year on year, Mehr news agency reported. The country’s steel output stood at 16.739 million in the previous year’s same eight months. The increase in the Iranian steel production comes …
Read More »Iran, Belarus Explore Ways for Developing Energy Coop.
Islamic Republic of Iran and Republic of Belarus explored avenues for broadening and developing bilateral cooperation in the field of energy. Iranian Ambassador to Belarus Saeed Yari met and held talks with Viktor Karankevich Energy Minister of Republic of Belarus in Minsk on Wed. In this bilateral meeting, the two …
Read More »Iran, Russia, Kazakhstan, Turkmenistan Agree to Form Joint Shipping Line
A shipping line will be established between the Islamic Republic of Iran, the Russian Federation, Kazakhstan, and Turkmenistan as agreed by the relevant authorities of the four countries, an Iranian official announced. Deputy CEO of Iran’s Ports and Maritime Organization for Ports and Economic Affairs Farhad Montaser Koushari said that …
Read More »Iran’s Oil Tanker Carrying Fuel Enters Waters of Venezuela
The first tanker of a three-vessel Iranian flotilla carrying much-needed fuel for Venezuela has entered waters of the South American country despite the sanctions imposed on both countries by the US, reports said. The Iran-flagged tanker Forest, which is transporting some 270,000 barrels of fuel loaded in the Middle East, …
Read More »Iran, Bulgaria to Boost Transport Cooperation
Tehran and Sofia are to forge closer cooperation in the domains of economy, the transit of goods and transportation. In a meeting between Iranian Minister of Roads and Transportation Mohammad Eslami and Bulgaria’s new Ambassador to Tehran, the two sides underlined the need to implement agreements reached by the two …
Read More »Iran, Qatar Discuss Joining Power Grids through Sea
Iranian and Qatari energy ministers yesterday discussed connecting the two countries’ electricity networks via a submarine cable. In a virtual meeting, the Qatari minister, Saad Sherida Al-Kaabi, said that the project was “possible”, adding that a “proposal should be worked on”. “In my opinion, this idea is practical and it …
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