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 has become the world’s third-largest producer of natural gas after the United States and Russia despite the harsh US sanctions. Iran has grown steadily over the past two decades in natural gas production, according to the US Energy Information Administration.
Iranian Vice President for Scientific Affairs Sorena Sattari on Friday announced the country will soon unveil more technological and scientific achievements in the near future among them electric cars. Sattari added that people will see that the cars are beautiful.
All gas stations across Iran have re-entered service after their operation was disrupted nationwide following what was described has a “hacking attack.”
The National Iranian Oil Company (NIOC) will focus on developing oilfields near the Iraqi border. Tehran needs $11 billion to develop four oilfields which will add some 1 million barrels per day to the country’s total crude output.
The CEO of South Pars Gas Complex Company says investments made in South Pars are close to $80 billion. Hadi Hashemzadeh Farhang said all the investments, done amid US sanctions, have been turned into assets for the National Iranian Gas Company and the necessary resources have been provided for the proper maintenance of these facilities.
Iran’s Foreign Minister Hossein Amirabdollahian and his Cuban counterpart Bruno Rodriguez met Friday on the sidelines of the UN General Assembly in New York. Amirabdollahian and Rodriguez discussed bilateral ties, especially their trade cooperation.
As part of the meetings of Iran’s Foreign Minister on the sidelines of the UN General Assembly on Friday, Hossein Amirabdollahian and South African Minister of International Relations and Cooperation Naledi Pandor sat down for talks on bilateral relations.
Iran’s Foreign Minister Hossein Amirabdollahian and his Armenian counterpart Ararat Mirzoyan have held talks on the sidelines of the UN General Assembly meeting in New York.
The head of the Atomic Energy Organization of Iran (AEOI) says the nation’s nuclear electricity production capacity should reach 8 megawatts in the short term.
Lebanon’s Hezbollah Movement says a shipment of Iranian fuel oil for Lebanon which will set sail on Thursday is considered the Lebanese territory from the moment it starts its journey.
Iranian President Ebrahim Raisi has called on the Organization of the Petroleum Exporting Countries to focus on the interests of member countries and take up a greater role in the global oil market.
