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.
Testing a 100-km stretch of the pipeline has come to an end and the pipeline will be ready to transfer Iran's natural gas to its western neighbor in 20 days, said Alireza Gharibi.
Exporting gas to nearby countries is much more cost-effective than taking it to Europe through a pipeline several thousand kilometers in length, said Alireza Kameli.
Iran's oil chief has said that his ministry is planning to open a new chapter in cooperation with the French energy giant, Total, for the development of Iranian oil fields.
Fararu, an Iranian news website, has predicted that Iran’s return to global oil markets will bring about a positive change for both producing and consumer nations.
The Iranian oil minister has said that the Islamic Republic plans to raise its oil exports after the implementation of the historic deal Iran and P5+1 clinched on July 14.
The NIGC chief has said that the result of The Hague arbitration will be out later this year and Turkey’s gas complaint will not affect Iran’s natural gas exports to Turkey.
Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.
An Iranian energy official has said as many as 30 European and Asian companies have held talks with Iran in recent months to invest in the country’s oil and gas projects.
The US has warned energy-poor Pakistan against implementing a gas pipeline project with Iran to counter the growing presence of China in the Muslim country.
The German foreign ministry spokesman has said a final nuclear deal between Iran and P5+1would help set the stage for energy cooperation between Tehran and Berlin.
Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.
Iran has the world's second largest gas reserves after Russia, and we will consider returning to this country once sanctions are lifted, said the CEO of French energy giant Total
If sanctions are removed, there’s a big chance that demand for Iranian oil will recover in Asian nations like South Korea, China and Japan, according to analysts.
