Tag Archives: Iran

Regarded as the most important gas project in the country, Phase 11 of the South Pars Gas Field was inaugurated in a ceremony in Assaluyeh, Iran’s southern province of Bushehr, on Monday with President Ebrahim Raisi and Oil Minister Javad Owji in attendance. Construction of Phase 11 of the South …

Iran’s natural gas exports in the current Iranian calendar year (started on March 21) increased by 16 percent compared to the previous year, according to the managing director of the National Iranian Gas Company (NIGC). According to Majid Chegeni, the country’s annual liquefied petroleum gas (LPG) exports also registered a …

China’s oil imports from Iran have been soaring in August so that the shipments are expected to reach 1.5 million barrels per day (bpd), the highest since 2013, Blomberg reported citing estimates from data intelligence firm Kpler. Based on the Kpler data, China shipped in 917,000 bpd of Iranian oil …

The National Iranian Gas Company (NIGC) has renewed and revised a contract with Armenia to increase the volume of natural gas exports to the landlocked neighboring country until 2030, Shana reported. The terms of the contract, under which Iran exports natural gas to Armenia in exchange for electricity, have been …

Iranian Energy Minister Javad Oji said on Monday that the country’s Supreme Economic Council has defined new projects with a total investment of $36 billion to improve energy consumption efficiency in various sectors, Shana reported. Speaking at the opening ceremony of the Iran Energy Efficiency Conference (IREEC 2023), Oji said: …

The managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) announced about the increasing trend of Iran’s liquified petroleum gas (LPG) export. Making the remarks in a press conference on Saturday, Jalil Salari said that currently, about five billion liters of liquid fuel have been stored in …

The director of the Atomic Energy Organization of Iran says today the country produces more than 300 types of heavy nuclear derivatives, each gram of which is worth tens of thousands of dollars. Mohammad Eslami added that these strategic capabilities once meant no entry areas for Iran but the country …

Iran’s nuclear activities are ongoing without interruption in all areas based on the previous plans of the Atomic Energy Organization and in accordance with the Parliament’s law, an informed source said. Following a report on Iran’s uranium enrichment process, the source said Fars News Agency on Saturday that the peaceful …

Iran and Armenia have signed an agreement to extend the term of the existing contract under which Tehran exports natural gas to Yerevan in exchange for electricity until 2030. The revised agreement requires Iran to expand the volume of its gas supply to Armenia in exchange for electricity from the …

Iran has invested the equivalent of $1.35 billion in its natural gas sector in the two years to July this year, according to the CEO of the National Iranian Gas Company (NIGC). Majid Chegeni said on Monday that Iran had spent some 680 trillion rials to expand its natural gas …