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.
TEHRAN (Tasnim) – Commander of the Islamic Revolution Guards Corps (IRGC) Major General Hossein Salami said Iran has exhibited its power by sending oil tankers to Venezuela.
Iranian Minister of Energy Reza Ardakanian says the Islamic Republic is the leading country in the region in terms of installed power generation capacity.
Iran’s Leader Ayatollah Seyyed Ali Khamenei has admired the crew of five Iranian oil tankers that carried gasoline to the fuel-starving Venezuela for their “great job”.
Iran’s President Hassan Rouhani says Tehran attaches great significance to ties with its neighbours and is after establishing good and close relations with them.
Iranian Energy Minister Reza Ardakanian says the country will continue to export electricity to Iraq for two more years in defiance of the US sanctions.
Iranian Minister of Energy Reza Ardakanian says a loan of $5 billion that Russia has agreed to give Tehran will be used to fund a major railway project in eastern Iran.
Villagers in the southern Iranian province of Khuzestan province will finally be supplied with drinking water after years of protest, which turned violent in recent days.
As Iran’s third oil tanker sails into the Venezuelan waters to deliver its much-needed gasoline cargo, the Iranian envoy to the South American country dismisses the claims that Tehran has received nine tonnes of gold from Caracas in exchange for the fuel.
After escorting the first Iranian tanker Fortune, the Venezuelan army has released footage of escorting the second vessel, named Forest, carrying gasoline to the fuel-starved country.
The US Navy has sent its P8-Poseidon patrol aircraft from the VP-26 Tridents as well as four warships to the Caribbean region for possible encounter with a group of Iranian super-tankers moving fuel to Venezuela, a report says.
Iran’s First Vice President says the coronavirus took severe revenge on the countries that sought to harm the Islamic Republic by imposing sanctions on the Iranian oil.
Iranian oil minister says the OPEC alone cannot solve the problem of the oil market, noting that resolution of the oil market issues requires global cooperation.
The dramatic plunge in oil prices would not have a huge impact on Iran’s economy, since the country was already prepared for such conditions under the pressure of American sanctions, First Vice President Es’haq Jahangiri says.
Iran and Qatar have agreed to work together in the fields of energy and investment, and to seriously pursue mutual economic cooperation after the fallout from the coronavirus pandemic is over.
President of the Islamic Republic of Iran Hassan Rouhani has inaugurated a number of water and electricity projects in the province of Tehran, in which a total of 2.8 trillion tomans has been made in investment.
