Iran’s Ambassador to Dakar Mohammad Reza Dehshiri held separate meetings with Senegalese Minister of Petroleum and Energy Mouhamadou Makhtar Cisse and Minister of Agriculture and Rural Equipment Moussa Balde. During the meeting, the two sides discussed the expansion of cooperation in the field of oil, gas, and energy. The holding …
Read More »Iran will Surge Oil Production Capacity
Iranian Oil Minister Bijan Zanganeh has announced that his country plans to increase its oil output capacity to take its share back from the market in case of the US sanctions termination. Iran is expanding its oil-production capacity in anticipation that an eventual end of sanctions would allow it to …
Read More »Iran Exports 273000 bpd of Crude Oil in June
It is estimated that Islamic Republic of Iran has exported 273,000 barrels of oil per day (bpd) in June 2020. All of Iran’s oil storage tankers are fully loaded, so that Iran’s export of crude in June 2020 hit 273,000 barrels per day (bpd). Iran’s crude oil production volume hit …
Read More »Zarif Raps EU’s Noncompliance with JCPOA in Letter to Borrell
Zarif sent a letter to EU Foreign Policy Chief to denounce the EU3’s non-compliance with JCPOA after the three European states drafted an anti-Iranian resolution at the IAEA Board of Governors, Mousavi announced. “Following the irresponsible and illegal measure by the three European states (Germany, the UK, and France) to …
Read More »Indian Bank Eyes Non-Oil Imports from Iran to Sustain Rupee-Rial Trade
India’s UCO Bank is exploring the avenues to keep the rupee payment mechanism with Iran alive, amid the challenges made by the US’ unilateral sanctions. According to A K Goel, MD and CEO of UCO Bank, with India no longer importing oil from Iran, the lender is in talks with …
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 »Arrival of Iranian Oil Tanker, Carrying Gasoline, to Venezuela Embarrasses US
Shipping gasoline to Venezuela embarrassed and humiliated US more than ever like pounding US’s Ain al-Assad military base in Al-Anbar Province in Baghdad.
Read More »Zanganeh Criticizes Turkey’s Lack of Coop. on Repairing Joint Gas Pipeline
Iran’s oil minister on Monday criticized Turkey’s lack of cooperation with Iran on having the blasted Iran-Turkey natural gas pipeline repaired. In an interview with state-run radio, Zanganeh said Turkey had “not welcomed” Iran’s offer to repair a natural gas pipeline inside Turkey that was damaged by a blast in …
Read More »Tehran, Ankara Stress Reopening of Borders to Resume Trade
Iranian President Hassan Rouhani and his Turkish counterpart Recep Tayyip Erdoğan urged the reopening of joints borders through observing of health protocols as both neighbors are keen to resume trade exchanges.
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