Head of Iran-Syria Joint Chamber of Commerce Keyvan Kashefi said on Sunday that the establishment of the Central Iranian Trade Building in Damascus is a step towards realizing $1 billion worth of non-oil goods export to Syria. Referring to providing full equipment, meeting halls for economic conferences at the center, …
Read More »India Set to Lose Farzad-B Gas Field in Iran
India has all but lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms for development of the field, sources said. ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had …
Read More »Iran, Qatar Emphasize Developing Bilateral Ties
Islamic Republic of Iran and Qatar stressed the need to develop and expand bilateral ties on a series of mutual interests. Iranian Minister of Energy Reza Ardakanian and Qatari Minister of Commerce and Industry Ali bin Ahmed Al Kuwari held talks on Tue. through videoconference. In this online meeting, the …
Read More »Iran Ups Gas Output in Parsian Refinery by 9 Percent Y/Y
CEO of Parsian Gas Refining Company Farshid Abdali Dehdezi announced a 9% year-on-year increase in the production of gas and gas condensates in the first six months of the current Iranian year (March 21, 2020-September 21, 2020) Abdali Dehdezi pointed out that his company supplied 10.34 billion cubic meters of …
Read More »Iran’s Envoy Reacts to IAEA Chief’s Comments
Iran’s Permanent Envoy to the International Atomic Energy Agency (IAEA) said that considerable centrifugal and quality of nuclear materials have no place in the documents of IAEA. Iran’s Permanent Ambassador to Vienna-based International Organizations Kazem Gharibabadi made the remarks on Sunday in his reaction to the statements raised by the …
Read More »Iran to Recover 1bcm of Gas from Sarajeh Facility
CEO of the Iranian Central Oil Fields Company Ramin Hatami said the ICOFC had planned to produce over a billion cubic meters of gas from Sarajeh gas storage facility in winter. “A sum of 902 million cubic meters of gas was recovered from Sarajeh facility last year,” Hatami said, adding, …
Read More »Iran, Afghanistan Discuss Electricity Coop.
Iran’s Energy Minister Reza Ardakanian held talks with Acting Foreign Minister of Afghanistan Mohammad Hanif Atmar on the permanent transmission of electricity to Afghanistan. In a videoconference on Saturday night, the two sides discussed preparation for holding a joint economic commission next month, planning and implementing joint economic programs, electricity …
Read More »Iran’s Non-Oil Exports Rise in One Month
Iran witnessed a surge of almost 25 percent in exports during the 6th month of the current year (August 22-September 21) compared with the previous month, Iran’s Customs Administration (IRICA) spokesman Rouhollah Latifi said on Saturday. Latifi said that the exports had reached $2.691 billion in value terms from August …
Read More »Iran Exports 550 Tons of Non-Oil Goods to Oman via Southern Port
Iran exported the fifth non-oil cargo to Oman via Sirik Port in southern Hormozgan Province, the governor of Sirik County announced. Ahmad Jamaleddini put the weight of the mentioned cargo at 550 tons valued at 64 billion rials (about $1.523 million), including fruits and vegetables, mineral water, paving stones, nuts, …
Read More »Iran Ends US Monopoly in Production of Multiphase Oil Well Flowmeter
Iranian researchers at Amirkabir University of Technology designed and produced a semi-industrial prototype multiphase oil well flowmeter, a technology exclusively owned by US firms. “Production and operation of oil and gas fields requires the use of flow measuring equipment at the outlet of wells and in the fluid transmission line, …
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