Tag Archives: Mehr News Agency

Iran’s oil minister on Thursday said that Tehran-Moscow cooperation paves the way for the progress of not only the two countries but also regional states. Javad Owji, who addressed a specialized session of the 6th Russian Energy Week International Forum in Moscow, added that a historic opportunity has been created …

Iran is launching hundreds of new filling stations to supply compressed natural gas (CNG) to motorists amid efforts to control the rising consumption of gasoline in the country. The Iranian Oil Ministry on Monday awarded contracts to two subsidiary companies of the Defense Ministry for launching some 400 CNG stations …

Iran’s nuclear activities are ongoing without interruption in all areas based on the previous plans of the Atomic Energy Organization and in accordance with the Parliament’s law, an informed source said. Following a report on Iran’s uranium enrichment process, the source said Fars News Agency on Saturday that the peaceful …

Iran has invested the equivalent of $1.35 billion in its natural gas sector in the two years to July this year, according to the CEO of the National Iranian Gas Company (NIGC). Majid Chegeni said on Monday that Iran had spent some 680 trillion rials to expand its natural gas …

Total electricity produced at Iran’s only nuclear power plant after some 12 years of activity has reached 60 billion kilowatt hours (kw/h), according to the country’s nuclear chief. Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami said on Sunday that the electricity produced at the Bushehr Nuclear …

A senior Iranian businessman says a recent deal between Iran and Iraq to swap Iranian gas and electricity for Iraqi crude oil and mazut will benefit Iran and will remove hurdles created by the US in energy trade between them. “With this agreement with Iraq for the barter of oil …

Figures by the Organization of Petroleum Exporting Countries (OPEC) show that Iranian oil export revenues rose by 67% last year despite continued pressure of American sanctions on the country. OPEC data cited in reports by Iranian news agencies on Saturday showed that Iran had earned some $42.6 billion from oil …

Iran’s state-run Petropars company has awarded a contract for the construction of a large platform that will be installed at the Belal gas field in the Persian Gulf near the maritime border with Qatar. In a ceremony on Sunday, the Iranian Offshore Engineering and Construction Company (IOEC) won the contract …

Around 10,000 barrels per day (bpd) is to be added to Iran’s crude oil output, the managing director of the country’s Offshore Oil Company has said. Alireza Mehdizadeh made the remarks on Saturday while visiting the construction process of the A20 and A21 platforms in Khorramshahr, southwest Iran. With the …

The National Iranian Oil Company (NIOC) is targeting an investment of $250 billion in its upstream, midstream and downstream oil sectors, especially in liquefied natural gas (LNG) industry, over the next eight years. Oil Minister Javad Owji made the statement on the sidelines of the Eighth OPEC International Seminar that …