Iran’s oil production in 2022 increased seven percent compared to the previous year, according to OPEC’s first monthly report released in 2023. According to the OPEC report, the Islamic Republic produced 2.554 million barrels per day (bpd) of crude oil in 2022, 162,000 bpd more than the figure for 2021, …
Read More »Iran’s LPG Exports Increase 86%
The value of Iran’s liquefied petroleum gas (LPG) export rose 86 percent from the beginning of the current Iranian calendar year (March 21, 2022) up to December 31, as compared to the same period of time in the past year, data released by the Islamic Republic of Iran Customs Administration …
Read More »Export from Sistan-Baluchestan up 32% in 9 Months yr/yr
The value of non-oil export from Sistan-Baluchestan province, in the southeast of Iran, rose 32 percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2022), as compared to the same period of time in the past year, according to a provincial official. Mojtaba Shojaei, …
Read More »Non-Oil Export from Khuzestan Province Rises 8% in 9 Months on Year
The export of non-oil commodities from Khuzestan province, in the southwest of Iran, rose eight percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2022), as compared to the same period of time in the past year, according to an official with the customs …
Read More »Iran’s Non-Oil Exports Increase 19%
The value of Iran’s non-oil export rose 19 percent from the beginning of the current Iranian calendar year (March 21,2022) up to December 31, as compared to the same period of time in the past year, data released by the Islamic Republic of Iran Customs Administration (IRICA) show. According to …
Read More »Oman Welcomes Investment in Iran’s Renewables Sector
Rashid Al-Ghilani, Oman’s Chargé d’affaires in Tehran, has said his country welcomes investment in Iran’s renewable energy sector. Al-Ghilani made the remarks in an Iran-Oman business forum in Tehran on Sunday, the portal of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported. The forum, focusing on the …
Read More »Iranian Companies to Participate in Iraq’s Energy Projects
In coordination with the Iranian Oil Ministry’s representative office in Baghdad, the Iraqi Oil Ministry has notified all its affiliated entities about Iranian companies’ readiness for participation in the country’s energy projects, Shana reported. The oil ministries of Iran and Iraq have established a joint working group in order to …
Read More »EIA: Despite Sanctions, Iran Gets $34b of Oil Revenue in 7 Months: EIA
U.S. Energy Information Administration (EIA) in a recent report has put Iran’s oil revenues earned in the first seven months of 2022 at $34 billion, only five billion less than Iran’s total oil revenue in 2021. Based on the EIA report, Iran’s average monthly income from oil sales in January-July …
Read More »NIOC Launches Projects Worth €30 Million
The National Iranian Oil Company (NIOC) has launched 10 oil and gas projects with a total value of €30 million. “The projects will effectively contribute to job creation and technology development in the country,” NIOC official Mahdia Motahari said, Shana reported. He went on to say that a list of …
Read More »Iran Ramping up Gas Production Eying New Export Markets
Iran has been ramping up its natural gas production with the aim of increasing exports to global markets as the demand in Europe for natural gas is surging ahead of winter, an Oilprice.com report stated. “Iran last week made it clear that it is ramping up its gas production operations …
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