Earlier this year. Novatek agreed to sell a 20% stake in Arctic LNG 2 to China’s Cnooc Ltd.
Read More »Russia Close to Become a Dominant Player in Global LNG Market
The first production unit at Arctic 2 LNG will come online by the end of the third quarter of 2023.
Read More »Government Seeks Views on £250m Fund to Clean Up Steel Sector
The Clean Steel Fund aims to help the industry move towards a decarbonisation pathway compatible with the 2050 net zero goal.
Read More »Volume of Exports from Markazi Province Up by 14%
More than 728.000 tons of non-oil commodities have been exported from the central Iranian province of Markazi in the first 5 months of the current local calendar year. which shows a 14% rise in comparison with corresponding period in last year.
Read More »US will Continue Russia Sanctions
The deal is intended as an end-run around Russia’s ability to choke off European energy supplies that are shipped via pipelin.
Read More »Strengthened Political Ties. Now a Surging Trade Between Iran. Oman
According to the data released by IRICA. the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of time in the past year.
Read More »Iran`s Oil Tanker Adrian Darya Enters Turkey`s Waters. Heads toward Mersin Port
According to the source. the tanker will be unloaded at the port after its arrival.
Read More »Iran-Japan`s Special Financial Mechanism to Be Defined
Iranian Ambassador to Tokyo Morteza Rahmani Movahed announced on Tuesday that to increase economic ties between Iran and Japan. efforts are made to define a special mechanism to facilitate financial transactions between the two sides.
Read More »Iran to Counter Smuggling with Raising Diesel Price
The Iranian government is planning to increase the heavily-subsidized price of diesel to make it more realistic and to discourage smugglers who are trafficking the fuel to the neighboring countries.
Read More »Customs Duties 30% Less for Chabahr Port
Merchants and businesspeople who use Shahid Beheshti area of the port of Chabahar will enjoy a 30-percent discount in their customs duties.
Read More »