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.
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).
Iranian Oil Minister Javad Owji on Saturday said Tehran and Moscow have held talks on bilateral cooperation in different areas of the economic sector, promising good news on the two countries’ cooperation in the energy sector.
Iran has officially launched its first-ever specialized refinery designed to process super heavy crude oil on the southern Qeshm Island, as the country keeps promoting its energy sector regardless of tough US sanctions.
The CEO of the National Iranian Oil Company, NIOC, has said in the thirteenth government, Iran regained part of the oil market share it lost due to sanctions and it is now getting paid for any amount of crude that it sells. Mohsen Khojasteh Mehr added that part of Iran’s oil sales is done by the private sector and that the country’s oil revenues have increased significantly in recent months. He also said all the revenues from the sale of Iranian oil have been received and there are no overdue oil revenues in the 13th government.
Permanent Mission of the Islamic Republic of Iran to the United Nations has reacted to an article published by the Wall Street Journal which argues in favor of American military strikes against Iranian nuclear facilities.
Iran’s Oil Ministry says the country has begun natural gas swap with Turkmenistan and the Azerbaijan Republic as part of a trilateral agreement recently signed between the three sides.
The Iranian oil minister says the country’s natural gas swap with Turkmenistan, to help it export to the Azerbaijan Republic through Iran, will begin from the turn of the year.
The presidents of Iran and Turkmenistan have underlined the need to strengthen border cooperation and facilitate exchange of goods. Seyyed Ebrahim Raisi and Gurbanguly Berdimuhamedow also stressed the necessity of increasing trade cooperation in order to boost bilateral relations.