Iran’s largest hydroelectric power plant, Karun-3 Dam, has reported a 60% increase in power production in the current water year, which began on September 23, compared to the same period last year. Seyyed Hamid Salehi, the CEO of the production and operation management company of Karun-3 Dam, announced the boost …
Read More »Capacity of Iran’s Renewable Power Plants Reaches 1,088 MW
The capacity of Iran’s renewable power plants has reached 1,088.18 megawatts (MW), the country’s Energy Ministry announced. Based on the Energy Ministry data, of the mentioned total capacity, 364.89 MW is supplied by wind power plants, 465.65 MW is provided by solar power plants, 99.47 MW is supplied by small …
Read More »OPEC: Iran’s September Oil Output Rises 15,000 bpd
Iran produced 3.058 million barrels per day (bpd) of crude oil in September, registering a 15,000-bpd increase compared to the previous month, according to OPEC’s latest monthly report. Based on secondary sources, Iran produced 3.043 million bpd of crude oil in August. The Islamic Republic’s average crude output for the …
Read More »Iran-Russia Coop. to Contribute to Regional States’ Progress
Iran’s oil minister on Thursday said that Tehran-Moscow cooperation paves the way for the progress of not only the two countries but also regional states. Javad Owji, who addressed a specialized session of the 6th Russian Energy Week International Forum in Moscow, added that a historic opportunity has been created …
Read More »Iran Eyes to Expand Oil Exports despite U.S. Sanctions
Iran’s Oil Minister Javad Owji said on Friday the country plans to increase its crude production in the absence of any “green light” from the United States for exports, according to the Shana News Agency affiliated to the Iranian Oil Ministry. Making the remarks in the southwestern province of Fars, …
Read More »Iran Begins Developing New Gas Field in Northeast
The first phase of the development project of the Tous Gas field in northeastern Iran was started in an official ceremony on Sunday, Shana reported. Located in Khorasan Razavi Province, Tous Gas field is going to produce three million cubic meters of gas on a daily basis in the first …
Read More »Iran Stands Firm on Arash Gas Field Share in Persian Gulf
Iran’s oil minister, Mohammad Javad Owji reaffirmed Tehran’s commitment to its share in the Arash gas field in the Persian Gulf, vowing not to exceed the agreed-upon production levels. Owji expressed optimism regarding the resolution of issues concerning the Arash field through ongoing negotiations with Kuwait. He assured that Iran …
Read More »Iran: Decision to Withdraw IAEA Inspectors’ Designation Based on Safeguards Agreement
Iran’s Foreign Ministry Spokesman Nasser Kana’ani has said that the latest move by his country to withdraw the designation of several experienced IAEA inspectors was based on the Islamic Republic’s governance rights enshrined in the Safeguards Agreement between the two sides. Kana’ani made the comment on Saturday hours after the …
Read More »Iran Becomes 3rd Top Oil Producer among OPEC Members
Iran continued to increase its oil production in August to reach three million barrels per day (bpd) and stand at the third place among OPEC top producers, according to figures released in the organization’s latest monthly report. OPEC data showed that Iran’s oil output increased by 143,000 bpd or five …
Read More »Iran Launching 400 New CNG Stations to Cut its Gasoline Bill
Iran is launching hundreds of new filling stations to supply compressed natural gas (CNG) to motorists amid efforts to control the rising consumption of gasoline in the country. The Iranian Oil Ministry on Monday awarded contracts to two subsidiary companies of the Defense Ministry for launching some 400 CNG stations …
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