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 President Hassan Rouhani expressed gratitude to the people and organizations involved in containing the fire that broke out at Bou Ali Sina petrochemical refinery complex on Wednesday, July 6.
The Iranian minister of petroleum says the country’s Bu Ali Sina Petrochemical Complex in the southwestern province of Khuzestan, which was hit by a raging fire earlier this week, will resume its operation within the next few weeks.
Iranian firefighters and helicopters tried on Thursday to extinguish a fire that broke out at Bu Ali Sina petrochemical refinery complex in southwestern port city of Mahshahr a day earlier.
Iran has become the fourth biggest oil supplier to Japan in May by exporting 308,000 barrels of crude oil to the East Asian country in the 30-day period.
Mohsen Qamsari, the director for international affairs of National Iranian Oil Company (NIOC), said the country has sold 2 million barrels of crude to Poland.
Iranian Energy Minister Hamid Chitchian has announced the completion of an energy infrastructure project that will send Iranian electricity to neighbouring Azerbaijan.
Iran’s Oil Minister Bijan Namdar Zangeneh said the country’s new oil and investment contracts for international firms, known as Iran Petroleum Contracts (IPCs), will be launched this summer.
Rusatom Service, part of Russian state nuclear agency Rosatom, announced that it expects to sign a 4-year contract with Tehran on the construction of two more energy blocks at Iran’s southern Bushehr nuclear power plant by the end of this year.
Mohammed Barkindo, the new secretary-general of Organization of the Petroleum Exporting Countries (OPEC) will pay an official visit to Tehran to personally appreciate Iran’s support.
Iran has exported 1.8bn cubic metres of natural gas to neighbouring Turkey since March 20, up 11% year-on-year, said a National Iranian Gas Company (NIGC) official.
Parviz Sahafzadeh, an official with the Iran’s Petrochemical Employers Association, while describing new oil talks with the Egyptians, reported on the resumption of Iran’s liquefied gas exports to the North African country.
The managing director of the Iranian Oil Terminals Company (IOTC) says Kharg Oil Terminal has increased its export capacity and can now load 8 oil tankers at the same time.
An official has announced that exports volume of Iranian Liquefied Petroleum Gas (LPG) hit 80,000 tons in the first two months of the current Iranian year (began March 20).
Iranian refiners produced 1.83 million barrels per day of refinery items in the current Iranian calendar year which began on March 20, a senior refinery official said.
Iran’s Petroleum Minister Bijan Namdar Zangeneh has reiterated Tehran’s determination to increase oil production even in the face of a downward spiral of global crude prices.
Farasakou Port, a new hub for exporting Iranian oil products, was put into operation as part of the Pars Special Economic Energy Zone (PSEEZ) on June 18.
Operator of phase 19 development project of the supergiant South Pars Gas Field said the phase's first gas condensate cargo will be exported within the next few weeks.
A fresh round of Iran-Armenia power talks has begun over exports of certain technical and engineering services as well as electrical goods from Iran to the Caucasus region states.
Ghasem Ahmadi, a member of the Iranian Parliament, praised the Iranian Ministry of Petroleum for its efforts to revive the country's oil market share lost under the sanctions.
Iranian Minister of Petroleum Bijan Zangeneh said Iran's crude oil production has crossed 3.8m barrels per day in the month of Khordad, which began on May 21.
Iran says it has devised a serious plan to increase its refining capacity for crude and condensate by more than 70% within the next four years as it tries to cut its reliance on gasoline imports.
The Managing Director of the National Iranian South Oil Company (NISOC) said the company's crude oil output has returned to the level it was before the US-led sanctions targeted Iran's oil sector back in 2012.
