The latest data published by the Organization of the Petroleum Exporting Countries (OPEC) shows an increase in Iran’s crude oil output for the third consecutive month in March. According to the OPEC report, Iran’s oil production rose by 137,000 barrels per day to 2.304 million bpd in March, marking the …
Read More »Iran Yearly Gas Output up 6%
The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6% increase in Iran’s annual sweet gas production. “Fortunately, despite the embargos imposed on the country and obstacles caused by the coronavirus outbreak, growth and development did not stop in Iran and we continue to …
Read More »OPEC: Iran’s Crude Oil Output Increases in February
The latest data published by the Organization of the Petroleum Exporting Countries (OPEC) shows steady growth in Iran’s crude oil output in February. According to the OPEC report, Iran’s oil production rose by 35,000 barrels per day to 2.12 million bpd in February. The country’s heavy crude oil price also …
Read More »Iran’s Crude Oil Export Hit Record
The Islamic Republic of Iran has reportedly increased its crude oil export to China in recent months. According to Reuters, Iran has moved record amounts of crude oil to top client China in recent months, while India’s state refiners have added Iranian oil to their annual import plans on the …
Read More »Rouhani Warns of Politicizing Iran’s Nuclear Issue at IAEA
President Rouhani said Thur. that if the US lifts sanctions, Iran will have warmer relations with the International Atomic Energy Agency (IAEA) and the agency’s monitoring will be carried out according to the law. “From the start, we were interested in cooperating with the International Atomic Energy Agency (IAEA), and …
Read More »Russia Working on Easing Tensions over Iran’s Nuclear Program
Russia’s Permanent Representative to the International Organizations in Vienna said that Moscow is working to ease tensions over Iran’s nuclear program. In a tweet on Tuesday, Mikhail Ulyanov wrote, “The key point at the current meeting of the International Atomic Energy Agency’s Board of Governors is that whether the discussions …
Read More »Iran’s Non-Oil Trade Exceeds $65 Billion in 11 Months
Iran’s non-oil foreign trade stood at 134 million tons worth $65.5 billion during the 11 months ending February 18. According to Ruhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration, 103 million tons of commodities worth $31.2 billion were exported, while around 30.8 million tons of goods …
Read More »UN Reacts to Iran’s Plan to Limit IAEA Inspection
A UN spokesman has reacted to Iran’s decision to limit the International Atomic Energy Agency’s inspection of country’s nuclear facilities. The United Nations is calling on Iran to fully cooperate with the International Atomic Energy Agency (IAEA), UN spokesman Farhan Haq said, commenting on Tehran’s plan to limit IAEA inspections …
Read More »Iran’s Crude oil Output Grows in January
Iran continues its march toward retaining the oil market share as the country added more barrels to its daily production in January compared to the previous month, data published by OPEC showed. Iran’s crude oil output averaged 2.08 million barrels per day last month, an increase of 62,000 bpd from …
Read More »Iran Biggest Gasoline Exporter in OPEC
The Iranian deputy oil minister said that the country has become the biggest petrol exporter among the OPEC countries by increasing production and thanks to COVID-19 pandemic restrictions. Speaking to the Iranian Tasnim news agency, Deputy Oil Minister Alireza Sadegh Abadi said that thanks to the restrictions imposed on the …
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