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 …
Read More »Iran Exports Non-Oil Goods Worth over $2.4b to China in 2 Months
Iran exported non-oil commodities valued at $2.418 billion to China during the first two months of the current Iranian calendar year (March 21-May 21), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced. Mohammad Rezvani-Far said that China was the top export destination of Iranian non-oil goods …
Read More »NIOC: New Offshore, Onshore Hydrocarbon Exploration Operations Underway
The managing director of the National Iranian Oil Company (NIOC) has said vast exploration operations are underway on 140,000 square kilometers of offshore and onshore hydrocarbon reserves to discover new deposits, Shana reported. “Domestic firms, including the National Iranian South Oil Company (NISOC), NIOC’s Exploration Department, and the Oil Industry …
Read More »Over 200 Foreign Companies from 13 Countries to Participate in Iran Oil Show 2023
More than 200 Foreign companies from 13 countries are going to participate in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2023), which is slated to be held at the Tehran Permanent International Fairgrounds during May 17-20. According to the Director General of the Iranian …
Read More »Iran Expo 2023 to Help Country Boost Its non-Oil Exports
Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari said that the fifth edition of the Export Potential Exhibition of the Islamic Republic of Iran (Iran EXPO 2023) is going to help Iran boost its non-oil exports. Iran EXPO 2023 is set to be held at Tehran Permanent International Fairgrounds …
Read More »Iran’s Annual Export to UAE Rises 28%
The value of Iran’s non-oil export to the United Arab Emirates (UAE) rose 28 percent in the past Iranian calendar year 1401 (ended on March 20), the spokesman of Trade Development Committee of the Iranian House of Industry, Mining, and Trade announced. Ruhollah Latifi said that importing non-oil goods worth …
Read More »Iran’s Gas Export Value Rises 79% in 2022
Iran’s gas export rose 79 percent in terms of worth, and 10 percent in terms of amount, in 2022, the managing director of National Iranian Gas Company (NIGC) announced. Majid Chegeni also announced that the country’s gas swap experienced a 530 percent rise in terms of value, and a 358 …
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