Energy

Energy

[:en]Iran’s economy, while diversified, is still heavily influenced by the state of the oil and gas market. Read more about recent news and developments in the sector here.[:]

Iran Cuts Electricity Supplies to Iraq

Iran has reportedly cut electricity exports to Iraq due to the country's accumulated debt of nearly $1 billion to Iraq, Iranian and Iraqi officials noted.
Clean Energy Plant

Germany to Build Clean Energy Plant in Central Iran

A combined-cycle power plant will be constructed in Iran’s central city of Damghan in cooperation with Germans, the local Governor announced.

Turkmenistan to Be Fined for Cutting Gas Supply to Iran: Official

Turkmenistan to Be Fined for Cutting Gas Supply to Iran: Official

Iran Slams Turkmenistan for Going Back on Its Word and Cutting Gas Supply

An Iranian energy official denounced Turkmenistan for going back on its word and cutting off gas supplies to Iran abruptly, saying, however, that Iran’s ability to feed the countrywide gas grid remains unaffected by such “immoral” measure by the Ashgabat government.

Turkmenistan Inks Last-Minute Gas Deal with Iran

Turkmenistan managed to avert the loss of one of its only two buyers of natural gas with some desperate, last-gasp negotiations, media reports said.

Iran and India May Construct Oil Refinery in Brazil

Talks between Brazil, Iran and India could result in the construction of an oil refinery and petrochemical plant in one of the South American nation’s poorest states.

Iran Should Boost Export of Oil Products Rather than Crude Oil: Rafsanjani

Chairman of Iran’s Expediency Council Ayatollah Akbar Hashemi Rafsanjani says the export of oil products should be increased.

Iran Eyes Broader Energy Ties with Armenia

Iran’s president expressed the country’s willingness to promote cooperation with neighboring Armenia in the energy industry.

After OPEC Deal, Iran Is Now Trying to Attract Foreign Investment

Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.

Iran to Stop Gasoline Imports in 2017

Iran’s deputy petroleum minister says the country will become self-sufficient in gasoline production next year as it eyes exporting the crucial fuel to other countries in the region and across the world.

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