Tag Archives: Iran

Iranian President Hassan Rouhani has inaugurated three major gas projects worth over $5.5 billion on the occasion of the country’s Government Week. The plan for the development and improvement of the gas dispatching center and the sixth and ninth national gas transmission lines, the first phase of Bushehr Petrochemicals and …

Iranian Foreign Minister Mohammad Javad Zarif said working with the International Atomic Energy Agency is in line with transparency and cooperation with IAEA, adding that IAEA chief’s upcoming visit to Iran has nothing to do with trigger mechanism. Speaking on the sidelines of the inauguration ceremony of the consular services …

Three giant oil , gas and petrochemical projects will be inaugurated on Monday in the presence of Iranian President Hassan Rouhani through video conference. After the United States failed to activate trigger mechanism with the opposition of 13 members of the UN Security Council, now, a few days later, Iran …

Iranian economic attaché in Basra said that Iraq is eager for joint investment with Iran in the technical and engineering fields, IRNA reported. Abdul-Amir Rabihavi also mentioned agriculture as the other sector in which Iraq is willing to make joint investment with Iran. He further called for changing Iran’s export …

Permanent Representative of Russia to Vienna-based international organizations wrote in a tweet that the director-general of the International Atomic Energy Agency “may visit” Iran next week. Mikhail Ulyanov wrote on Friday evening, “According to knowledgeable mass media the IAEA Director Gener may visit Iran for the first time as early …

Iran’s new ambassador to Azerbaijan Republic on Friday stressed the need for promoting political and economic relations between the two countries. Upon arrival in Baku to start his mission as Iran’s new ambassador, Abbas Mousavi told IRNA, “I am very happy to start my work today in the neighboring, friend, …

The oil market has not yet stabilised, Iranian Oil Minister Bijan Zanganeh told state TV on Wednesday, but added that the measures implemented by OPEC have been successful in raising crude prices. “The market is not stabilised yet for several reason including the coronavirus outbreak … But OPEC has taken …

Iran is one of the most hydrocarbon-rich countries in the world. According to the Iranian Oil Ministry data, nearly 300 oil and gas fields have been explored in the country of which over 40 are gas fields. Although until recently the Oil Ministry (as the name suggests) was mostly focused …

Chief Executive of Iranian Offshore Engineering and Construction Company (IOEC) said that his company has turned sanctions into the opportunities of indigenizing parts. Saeed Vafapour made the remarks on Monday in the signing and sealing ceremony of 13 contracts for maintaining and increasing oil production volume, adding that exacerbation of …

OPEC has managed to raise crude prices and stabilise the oil market, OPEC member Iran’s oil minister was quoted on Monday as saying by his ministry’s website SHANA, reports Reuters. “OPEC’s performance has been successful because the price of oil has risen from $16 in May to around $45 and …