Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.
Read More »Contract Inked on Iranian Electropumps for Transfer of Crude from Joint Fields
The Petroleum Engineering and Development Company (PEDEC) has signed a contract with three Iranian firms for manufacturing and maintaining electropumps for Goreh-Jusk Oil Pipeline Project.
Read More »Volume of Non-Oil Exports from Iran’s Northeastern Province Up by 30%
Some 784.000 tons of non-oil goods have been exported from Northeastern Iranian province of Khorassan Razavi in the last 6 months. which shows a 30% rise in comparison with corresponding period in the last year.
Read More »Iran. Italy Mulling over Chabahar-Venice Shipping Route
A major Italian transportation group is in negotiation with the Port and Maritime Organization of Iran (PMO) to establish a shipping route between the Southeastern Iranian port of Chabahar and the Northern Italian port of Venice.
Read More »Goods Export from Chabahar Port Up by 100% in H1
Behrouz Aghaei said that export of products from Chabahar’s Shahid Beheshti Port in the first six months of the current year increased 100 percent as compared to the last year’s corresponding period.
Read More »Iraq Prepares For Oil Export Boom
The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.
Read More »Gilan Province Posts 20% Rise in Non-Oil Exports
Iran has reported higher volumes of exports for petrochemicals and mining products over the past months.
Read More »Iran’s Maritime Trade Capacity on Rise Since US Sanctions
Iran’s Minister of Transportation Mohammad Eslami said that his country’s maritime transportation capacity has witnessed significant growth since last year when US President Donald Trump re-imposed anti-Tehran sanctions.
Read More »Oil Shipping Rates Jump as US Sanctions Hit Crude Trade
The current strength in rates has been triggered by geopolitics.
Read More »Plans Submitted for Plastics to Hydrogen Facility in Cheshire
The £7m plant is expected to treat up to 35 tonnes of unrecyclable plastics a day and create a local source of hydrogen.
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