The head of Atomic Energy Organization of Iran (AEOI) said that the country’s advancement in quantum technology in the last five years is valuable and praiseworthy and suggests a bright future in this area. In a meeting on Saturday attended by AEOI chief Ali-Akbar Salehi and head of Nuclear Science …
Read More »President Raisi Underlines Facilitating Non-Oil Exports
President Ebrahim Raisi said on Sunday that there should be mechanisms to expand and facilitate non-oil exports and bring back proceeds to the domestic economy. Speaking during a session of Economic Coordination Headquarters, Raisi pointed to currency obligations arising from exports, saying that barriers against fulfilling these obligations should be …
Read More »OPEC Secretary General to Attend Iran President-Elect Inauguration
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Barkindo is to attend inauguration ceremony of Iranian President-elect Ebrahim Raisi, Iran ambassador to Nigeria said. Mohammad Alibak in a Twitter message referred to his constructive and friendly meeting with Mohammed Barkindo. He noted that Barkindo has appreciated …
Read More »Iran Commissions New Oil Terminal to Bypass Hormuz Strait for Exports
Iran has commissioned the Jask oil terminal and pipeline project along the Sea of Oman to bypass the Hormuz Strait for crude oil exports. Located near Jask port in the southern Hormozgan Province, the terminal has capacity to receive up to one million barrels per day (bpd) of light, heavy, …
Read More »99% Increase in Gas Extraction from South Pars Field
The gas extraction from the South Pars gas field reached 183 billion cubic meters in the last Iranian year (ended March 20, 2021), showing a 99 percent growth compared to around 92 billion cubic meters in 2013. The South Pars/North Dome field is the largest gas reservoir in the world, …
Read More »Bandar Anzali Non-Oil Exports up 75%
Based on the Ports and Maritime Organization of Gilan Province report exports from Anzali port experienced 75% growth in weight during the first quarter of the current Iranian calendar year (started on March 21). Speaking to IRNA, Head of Gilan Ports and Maritime Organization Hamid Reza Abaie said non-oil products …
Read More »Director General of IAEA’s Trip to Iran within Safeguards Framework
Iran’s Ambassador to the Vienna-based international organizations Kazem Gharibabadi said on Saturday that the IAEA Deputy Director-General for Safeguards Massimo Aparo is traveling to Iran in the coming days. Gharibabadi said that Aparo is also one of the inspectors approved for Iran, saying his visit is in line with routine …
Read More »Iran to Return to Oil Market in Shortest Possible Time
Iranian Minister of Petroleum Bijan Zanganeh said that Iran would return to the markets swiftly when US sanctions were lifted, regardless of the decisions made by the producer group. The 18th meeting of oil and energy ministers of member and non-member producers of the Organization of the Petroleum Exporting Countries …
Read More »Global Oil Market Waiting for 200 Million Barrels of Iran Crude
Oil prices in world market has increased to the highest level since late 2018 and it is expected to reach 100 dollars per barrel; given the facts, the market is waiting for Iran to export over 200 million barrels of its crude oil as soon as the US sanctions are …
Read More »Oil, Gas Industry Innovation, Technology Park Starts Operating
An Oil and Gas Industry Innovation and Technology Park has been officially inaugurated with the aim of developing technologies and expanding cooperation among those who are active in innovation and technology. The inauguration ceremony has been held at the presence of Iran’s Oil Minister Bijan Zanganeh, Iranian Vice-President for Science …
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