A major Turkish energy company has finalized a $4.2bn deal with Iran's Energy Ministry to set up seven natural gas power plants in the Islamic Republic.
Iran’s Institute for International Energy Studies (IIES) and the Japan Cooperation Centre for the Middle East (JCCME) have agreed to cooperate on studying energy efficiency in Iran.
The first ever agreement to develop and optimize Iranian oil refineries has been inked with South Korea’s SK Energy.
Majlis Speaker Ali Larijani invited Petroleum Minister Bijan Zangeneh to attend a parliament session to brief members on new oil contracts.
Tehran hosts the 11th International Energy Conference, one of the largest gatherings of managers and experts in the energy sector.
Deputy Petroleum Minister and Managing Director of the National Iranian Oil Refining and Distribution Company Abbas Kazemi called for a change in the oil transfer route in order to facilitate export.
The GECF declaration also highlighted the need for member states to work together over the security of natural gas supplies to the markets worldwide.
In a rare move in the history of Iranian administrations, First Vice-President Eshaq Jahangiri warmly welcomed a recent letter by the outspoken former MP Ahmad Tavakkoli which criticized the Oil Ministry’s new contracts, and asked Oil Minister Bijan Zanganeh to correct them accordingly.
Siraf Refinery Project, comprising 8 gas condensate mini-refineries, will generate 10,000 jobs, said a senior official related to the project.
The Deputy Energy Minister announced that Iran has exported 10bn kWh of electricity to regional countries over the past Iranian calendar year, which ended March 19.