Energy

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.

Energy

Iran, India mulling $4.5bn undersea gas pipeline

Emad Askarieh -
Iran-India undersea gas pipeline is planned to be built within two years following the necessary approvals and after a gas sale and purchase agreement is signed, managing director of National Iranian Gas Export Company says.
Economy

Zanganeh: No permission required to boost Iran oil output

Golrokh Askarieh -
Iran has officially announced that it will increase production by 500,000 barrels a day immediately after sanctions have been lifted.
Energy

‘International firms ready to accept Iran Petroleum Contract’

Golrokh Askarieh -
Javadi said international companies active in the oil industry are ready to cooperate with Iran within the framework of deals based on the new Iran Petroleum Contract.
Energy

President Rouhani welcomes participants in GECF summit (PHOTOS)

Fatemeh Askarieh -
Among others, presidents of Bolivia, Russia, Equatorial Guinea, Nigeria, Venezuela, Iraq and Turkmenistan attended the summit of Gas Exporting Countries Forum (GECF).
Energy

GECF urges cooperation over market issues

Golrokh Askarieh -
The GECF declaration also highlighted the need for member states to work together over the security of natural gas supplies to the markets worldwide.
Energy

Heads of state arrive in Tehran for GECF summit (PHOTOS)

Fatemeh Askarieh -
Presidents of Bolivia, Russia, Equatorial Guinea, Nigeria, Venezuela, Iraq and Turkmenistan are among foreign dignitaries who have arrived in Tehran.
Economy

Adeli again picked as GECF secretary-general

Golrokh Askarieh -
The GECF also picked Iran’s Oil Minister Bijan Zanganeh as deputy chairman and Qatar’s Minister of Energy and Industry Mohammed Saleh Al Sada as chairman of the Forum.
Energy

Nine heads of state to attend Tehran gas summit: Oil minister

Emad Askarieh -
Bijan Namdar Zanganeh said that member of the Gas Exporting Countries Forum are mature enough to have cooperation in tandem with competition.
Economy

Germans clinch Iran’s biggest solar projects

Golrokh Askarieh -
Under the agreement, Germany will build several solar farms in Tehran, Tabriz and Isfahan as Iran embraces clean energy, Ali Barband said.
Economy

Iran signs landmark $6 billion power deal

Emad Askarieh -
The agreement between the Ministry of Energy and the foreign firm envisages developing gas-powered plants for 3,250 MW and wind farms for 1,000 MW of electricity, Nobakht said.
Energy

Russia’s Putin likely to visit Tehran: Report

Emad Askarieh -
Putin’s Tehran visit depends on his schedule and a decision has yet to be made, Kremlin Spokesman Dmitry Peskov said.
Energy

Flow of Iran’s oil in post-JCPOA era ends oil honeymoon of Arab nations

Emad Askarieh -
When sanctions are lifted, Iran can tap into the great potential of its naval fleet to deliver uninterrupted oil to Turkish refineries.
Energy

Japan ready to increase Iran oil imports

Emad Askarieh -
There is significant potential for the Japanese companies to participate in a variety of oil and gas projects in Iran, said Zanganeh after a meeting with the Japanese foreign minister.
Economy

Iran ready to export oil, LNG to Poland

Golrokh Askarieh -
Poland has expressed readiness to cooperate with Iran in different energy sectors and since Polish refineries have been modernized, they can use Iranian crude oil, Zanganeh said.
Economy

Iran inks gas deal as Omani minister visits

Golrokh Askarieh -
Two separate agreements have been signed for studies in the offshore and onshore sections.
Economy

Iran welcomes boosting cooperation with Total

Golrokh Askarieh -
Total has already voiced readiness to sign new contracts with Iran, Rokneddin Javadi said.
Energy

‘Iran backs any oil market recovery bids’

Emad Askarieh -
Iran’s Oil Minister Bijan Zangeneh says Tehran will support any step to help the recovery of the oil market.
Energy

Austria’s OMV to help double Iran’s oil, gas output

Emad Askarieh -
Iran says it plans to use the help of Austrian energy giant OMV to increase production at its oil and gas reservoirs.
Economy

Iran says ready to export 200k bpd of oil to Spain

Emad Askarieh -
Iran says it is ready to increase its oil exports to Spain to levels that existed before the US-led sanctions were put into place.
Energy

Turkish oil company experts visit Amirabad port to invest

Emad Askarieh -
At the end of the meeting, the Turkish delegation visited the installations of the port.
Energy

Iran’s shared oil, gas fields need $50 billion

Emad Askarieh -
Iran plans $50 billion of investment to boost recovery from its shared oil and gas fields, including 700,000 barrels per day of crude, Minister of Petroleum Bijan Zangeneh says.
Energy

Iran determined to reclaim its share in global oil market: Zanganeh

Emad Askarieh -
Iran's oil minister says the Islamic Republic is determined to reclaim its share in global oil markets once sanctions imposed on the country’s energy sector are lifted.
Energy

India, Korea plan $10 billion energy park in Iran

Emad Askarieh -
A consortium of Iranian, Indian and South Korean companies seeks to set up an energy park in Iran’s Khuzestan province in a project worth $10 billion, including generation of 1,000 megawatts of solar power, the IRNA news agency says.
Energy

Iran, China discuss construction of nuclear plants

Emad Askarieh -
During the meeting, the two sides stressed the implementation and execution of the Joint Comprehensive Plan of Action (JCPOA) reached between Iran and the P5+1.
Energy

Iran plans $50 billion energy investment

Golrokh Askarieh -
Water and electricity projects worth $50 billion have been defined and sent to President Rouhani for presentation to domestic and foreign investors, said Chitchian.
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