Iran planned to speed up implementation of petrochemical projects with the aim of increasing the capacity of propylene- colorless gas- production to three million tons in a year, said an official of the Oil Ministry on Sunday. Deputy Oil Minister Behzad Mohammadi made the remarks according to a report by …
Read More »Iran Urges IAEA to Avoid Dangerous Precedent
Spokesman for the Atomic Energy Organization of Iran called on the International Atomic Energy Agency (IAEA) to refrain from a dangerous precedent and not rely on baseless claims after the UN nuclear agency’s Board of Governors adopted a resolution on Iran. In an article published on Saturday, Behrouz Kamalvandi criticized …
Read More »Russia Rejects any Evidence over Iran Undeclared Nuclear Activities
Russian Ambassador and Permanent Representative to the International Organizations in Vienna Mikhail Ulyanov in a statement rejected any evidence regarding Iran’s undeclared nuclear activities in two sites cited by the International Atomic Energy Agency. There are no evidence that Iran is currently conducting undeclared nuclear activities at these locations, Ulyanov …
Read More »Iraq to Boost Power Generation, Restart Solar Tender amid US Pressure on Iran Imports
Iraq plans to increase its generating capacity by September and restart a 755 MW solar tender, an electricity ministry spokesman said on June 18, as OPEC’s second-largest oil producer comes under increased US pressure to wean itself off Iranian electricity and natural gas imports. Iraq plans to add 635 MW …
Read More »Oil Minister Discusses Broadening of Ties with Iraqi Counterpart
Iranian Oil Minister Bijan Namdar Zangeneh in a phone call with his Iraqi counterpart Ihsan Abdul Jabbar called for more cooperation between the two brotherly and friendly neighbors. Zangeneh congratulated Abdul Jabbar on his designation as the new Iraqi oil minister in Mustafa al-Kadhimi’s administration. During the phone call, both …
Read More »Iran Shifts National Economy from Dependence on Oil
Iran has shifted national economy from dependence on oil over the past two years due to the conditions created in the country, an official with Central Bank of Iran (CBI) says. Gholamreza Panahi, CBI Vice Governor for Foreign Exchange Affairs, made the remarks at a specialized economic meeting in Tehran …
Read More »Iran Eyes 100 mt Petchem Output in 1399
Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical production capacity was planned to cross 10 million tons per year in the current Iranian calendar year which began on March 20. Speaking to Eqtesad Radio Channel, Bijan Zangeneh underlined the most important plans of the Iranian Ministry of Petroleum …
Read More »Qatar Optimist about Expansion of Joint LNG Field with Iran
Saad al-Kaabi, Qatari energy minister and chief executive of Qatar Petroleum, announced that his country intends to expand the world’s largest liquefied natural gas (LNG) project, i.e. its North Field (known in Iran as South Pars) gas field, and expects investment opportunities overseas, despite a slump in global energy demand …
Read More »Iran eyes 100mn-Ton Petchem Output till March 2021
Iranian Oil Minister Bijan Namdar Zanganeh said the country’s petrochemical production capacity is planned to cross 100 million tons per year by the end of the current fiscal (March 2021). Speaking to local radio, Zanganeh underlined the most important plans of his ministry this year, saying, “We must all take …
Read More »Armenian Ambassador Asks for Revival of Strong Trade Ties with Iran
Armenian Ambassador to Tehran Artashes Toumanian in a meeting with Head of Trade Promotion Organization of Iran (TPOI) Hamid Zadboom underlined the necessity for the revival of trade relations between the two countries which were affected by the coronavirus outbreak.
Read More »