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 inks gas deal as Omani minister visits

Two separate agreements have been signed for studies in the offshore and onshore sections.

Iran to Resume Gas Exports to Turkey Soon

Iran says its exports of natural gas to Turkey that have been halted reportedly as a result of an explosion inside the Turkish territory will resume within the next few days.

Lukoil Looking for Opportunities in Middle East and Iran

An official with Russian energy company Lukoil says the firm’s target area in the Middle East is Iran at the moment, but it also seeks opportunities for growth in other regional countries as well.
Martin Schaefer

Berlin after energy deals with Tehran: Official

The German foreign ministry spokesman has said a final nuclear deal between Iran and P5+1would help set the stage for energy cooperation between Tehran and Berlin.

NIOC Mulls R&D Cooperation with Wintershall

A senior official with National Iranian Oil Company (NIOC) says the company is considering cooperation with Germany's Wintershall in research and development (R&D) projects.

Warsaw Seeking Nuclear Cooperation with Iran

An AEOI spokesman said that Iran welcomes cooperation with Poland on nuclear science and technology.

Iran’s Gasoline Exports Double

NIORDC’s managing director said the volume of Iran’s gasoline exports has increased twofold since the beginning of the current Iranian calendar year [20 Mar 2016].

Iran’s return to oil market gradual: Zanganeh

Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.

Iran to increase South Pars gas production by 100 mcm

Iran's oil minister has said that as promised before the country will increase its gas production from South Pars by 100 million cubic meters [per day] by yearend [March 2015].
Iran-Pakistan Gas Pipeline

Envoy Calls for Early Completion of Iran-Pakistan Gas Pipeline

Iran's Consul-General in Peshawar appeals for efforts to expedite Iran-Pakistan pipeline.

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