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 …
Read More »Iran Boosts Oil Exports to 1.5 mbpd despite Sanctions
Oil exports from Iran hit a year and a half high in August despite heavy sanctions from the US, according to a recent estimate from TankerTracker. Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condensate so far in September, in what …
Read More »Iran’s Natural Gas Storage Rises in H1
The volume of natural gas stored in Iran’s storage facilities during the first half of the current Iranian calendar year (March 20-September 21) has increased considerably compared to the same period last year, Head of National Iranian Gas Transmission Company (NIGTC) said. According to Mehdi Jamshidi Dana, gas storage in …
Read More »Iran Boosts Oil Exports Sharply in September
The latest reports on Iran’s oil exports indicate that the country has risen oil exports sharply in September in defiance of the U.S. sanctions. Data from TankerTrackers and two other firms indicated exports are rising in September, although the figures fall into a wide range of between 400,000 bpd and …
Read More »Iran, Tajikistan Stress Expansion of Economic, Energy Coop.
Iranian Minister of Energy Reza Ardakanian held talks with Minister of Energy and Water Resources of the Republic of Tajikistan Usmonali Uzmonzoda via videoconference on the expansion of economic and energy cooperation. During the videoconference, the energy ministers of Iran and Tajikistan stressed the development of economic and energy relations. …
Read More »Iran Considering to Supply Electricity to Afghanistan
Iranian Energy Ministry adopted plan to supply electricity to Afghanistan which soon will announced soon, Iran’s Ambassador to Afghanistan Bahador Aminian said on Wednesday. “The two countries have many opportunities for ties development in different fields that aliens should not be allowed to sabotage them, so if Afghanistan intends to …
Read More »Iran Sees 65pc Increase in Gas Refining Capacity in 7 Years
Iranian Gas refining capacity has reached 1.1 billion cubic meters a day compared to 670 million cubic meters a day seven years ago, it was announced on Wednesday. Gas refining capacity of Iran has witnessed 65 percent increase after seven years since the current Iranian government took office in August …
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