Sources say that the United States is trying to prevent the start of a powerful tool in the International Monetary Fund (IMF) that would increase liquidity and help COVID19-affected countries such as Iran.
Read More »IMF Says Assessing Iran’s Loan Request Takes Time
The International Monetary Fund (IMF) announced that assessing Iran’s request for $5 billion in emergency financing in a process takes time because IMF’s engagement with Tehran has been limited in recent times.
Read More »Iran, Turkey Discuss Ties, Coronavirus in Tehran
Iranian Parliament Speaker's Special Aide for International Affairs Hossein Amir-Abdollahian held a meeting with Turkish Ambassador to the Islamic Republic of Iran Derya Örs on Wednesday to discuss bilateral relations.
Read More »No Disruption in South Pars Production despite COVID-19 Outbreak
The CEO of Pars Oil and Gas Company (POGC) said the spread of coronavirus had not interrupted gas production from the South Pars joint gas field.
Read More »Production of Iran’s South Yaran Oil Field Increases
The oil production at the South Yaran joint oil field in Khuzestan province in southwestern Iran (this field is called Majnoon field in Iraq) was increased as a result of drilling and commissioning of six new wells, said Head of South Yaran Oil Field Development Project Homayoun Kazemeini, Trend reports …
Read More »Refining Capacity of Persian Gulf Star Refinery to hit 480k bpd by September
The gas condensate refining capacity of Iran’s Persian Gulf Star Refinery is planned to grow 60,000 barrels per day (bpd) by September 2020 to hit 480,000 bpd.
Read More »NISOC Operates 1st Well in Output Enhancement Projects
The CEO of the National Iranian South Oil Company (NISOC) said his company had started production from the first well in a package of projects aimed at enhancing productivity of old oil fields in Iran.
Read More »Iran to Drill 1st SP Phase 11 Well by March 2021
Iranian Minister of Petroleum Bijan Zangeneh said the first offshore well of South Pars Phase 11 project would be drilled in the current Iranian calendar year which began on March 20.
Read More »Tehran, Seoul Mayors Discuss Fight Against COVID-19
Tehran’s Mayor Pirooz Hanachi and his counterpart in Seoul Park Won-soon shared experiences in the fight against coronavirus pandemic in a video talk on Tue.
Read More »Iran Can Take Back Paid Membership Fee to IMF
After the United States opposed the IMF loan grant to Iran, a member of the Iranian Parliament's Plan and Budget Commission said that Tehran can take back its membership fee paid to the Fund over the past years.
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