The National Iranian Gas Company (NIGC) has renewed and revised a contract with Armenia to increase the volume of natural gas exports to the landlocked neighboring country until 2030, Shana reported. The terms of the contract, under which Iran exports natural gas to Armenia in exchange for electricity, have been …
Read More »Oji: $36b of Projects Defined to Improve Energy Efficiency
Iranian Energy Minister Javad Oji said on Monday that the country’s Supreme Economic Council has defined new projects with a total investment of $36 billion to improve energy consumption efficiency in various sectors, Shana reported. Speaking at the opening ceremony of the Iran Energy Efficiency Conference (IREEC 2023), Oji said: …
Read More »Iran’s LPG Export Increasing
The managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) announced about the increasing trend of Iran’s liquified petroleum gas (LPG) export. Making the remarks in a press conference on Saturday, Jalil Salari said that currently, about five billion liters of liquid fuel have been stored in …
Read More »Iran’s 4-Month Non-Oil Trade Stands at $35.445b
The value of Iran’s non-oil trade reached $35.445 billion in the first four months of the current Iranian calendar year (March 21-July 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA). Based on the mentioned data, Iran exported 45.758 million tons of non-oil commodities …
Read More »Iranian Oil Exports to China Triple despite Sanctions
Iran’s oil shipments to China have more than tripled over the past three years despite the U.S. sanctions on the country and the increase in Russia’s shipments to the Asian country, data released by data analytics firm Kepler showed. Based on the mentioned data, Iranian crude exports to its major …
Read More »NIDC Digs 36 Oil, Gas Wells in 4 Months
National Iranian Drilling Company (NIDC) dug and completed the digging operations of 36 oil and gas wells during the first four months of the current Iranian calendar year (March 21-July 22), an official with the company said. According to Masoud Afshar, the deputy head of NIDC for drilling operations, one …
Read More »Iran Holds 1.5 Billion Tons of Coal Reserves
The secretary of Iran Coal Association has said the country holds 1.5 billion tons of definite coal reserves which is enough to meet the country’s needs for the next 500 years, IRIB reported on Saturday. According to Saeed Samadi, Iran’s total coal reserves are estimated at 14 billion tons of …
Read More »Iraq Gets New 120-Day Waiver to Pay Iran’s Energy Debts
The United States has issued Iraq a new 120-day waiver allowing the country to pay Iran for electricity via non-Iraqi banks, Reuters reported on Tuesday, quoting a U.S. official as saying. Based on the waiver, signed by the U.S. Secretary of State Antony Blinken on Tuesday, Iraq will be able …
Read More »NIDC Digs 27 Oil, Gas Wells in 100 Days
National Iranian Drilling Company (NIDC) dug and completed the digging operations of 27 oil and gas wells during the first 100 days of the current Iranian calendar year (March 21-June 30), the company’s managing director said. According to Hamidreza Golpayegani, the drilled wells consisted of two development, and 25 workover …
Read More »Export from Isfahan Province Increases 38% in 2 Months on Year
The value of non-oil export from Isfahan province increased by 38 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year, the director-general of the customs department of the province announced. Rasoul Kouhestani-Pajouh …
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