Tag Archives: Minister

SATBA has proposed a plan to the government to buy electricity generated in the renewable sector at higher prices in order to encourage more investment from suppliers who are grappling with economic difficulties. a spokesman said.

An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.

Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.

The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.

Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.

Iran’s current supplies of gas to Iraq are enough to generate around 22 terawatt hours (TWh) of electricity.

Iraq is on track to produce nearly six million barrels of crude per day by 2030.

Research will focus on industry-defined goals to improve performance of electric vehicles.

Production capacity of Iran’s petrochemical industry will increase up to 100 million tons by 2021.

Establishment of joint cooperation committee. implementation of the agreements inked between the two countries will result in acceleration.