Latest Energy News in Iran – 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.
Iranian knowledge-based companies have managed to unlock the software managing pressure of natural gas at Nar and Kangan gas field in the south of the country, raising the production level.
Iran’s petroleum minister says the country is working to promote its oil refineries in terms of both quality and quantity in an effort to decrease the volume of exports in the form crude oil.
The 15th Iran Plast exhibition, the largest specialized expo on polymers in the Middle East, has opened in the Iranian capital Tehran in a ceremony with the presence of Oil Minister Javad Owji.
An Iranian supertanker carrying about 2 million barrels of condensate began discharging at Venezuelan state-run oil company PDVSA's main oil port, according to a company document and tanker tracking services.
Kremlin spokesman Dmitry Peskov stated that UK's plans to target Russia with sanctions are not legitimate. He noted any such aggression will bring about countermeasures from Moscow.
Iranian Oil Minister Javad Ouji has said on his Twitter account that Iran and Russia are two key players in the global energy arena and there are many potential areas for cooperation between the two countries.
Turkish President Recep Tayyip Erdogan says he has discussed the recent disruption in supply of Iranian natural gas to his country with his Iranian counterpart Ebrahim Raisi and that the problem will be solved in the near future.
The Director of the Atomic Energy Organization of Iran says the country will be producing 10,000 MW of nuclear power next year and plans to increase the production to 17,000 MG in 20 years.
Iran’s nuclear chief has called for the development of nuclear power plants for access to clean energy, saying “this is a national strategy and a priority” of Iran.
Iran’s special representative for Afghanistan says the Tehran administration has given the green light to exports of gasoline to the northeastern neighbor to help its people get through the frigid winter in the crisis-hit country.
Beijing has reported the first imports of Iranian crude oil in a year despite the ongoing sanctions by the United States, according to data released by China’s customs organization on Thursday.
Iran’s Minister of Economic and Financial Affairs Ehsan Khandouzi has said the Islamic Republic and Russia are poised to increase their annual trade volume to 10 billion dollars.
According to IRNA, Russia and Iran, as the world’s first- and second-largest holders of natural gas reserves, are keen to forge a strategic bond and develop their economic relations during the landmark visit of the Iranian president to Moscow.
Iranian Foreign Minister Hossein Amir Abdollahian says the 25-year strategic cooperation agreement with China, which was officially launched during his recent visit to Beijing, serves the interests of both nations.
The head of Iran’s National Petrochemical Company (NPC) says the country’s petrochemical production capacity will rise to 100 million tons annually by the end of next Iranian calendar year (March 20, 2023).
