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.
An Iranian energy official has said that 14 domestic consortia have voiced readiness to finance the construction of a pipeline that will transport Iran’s natural gas to Iraq.
The Iranian oil chief has said that the government and its nuclear negotiators have always been under the auspices of the Supreme Leader whose “expediencies and guidance” will help rid the country of sanctions.
Scientists at the Research Institute of Petroleum Industry in cooperation with the National Iranian Gas Company have indigenized solvents used in gas-sweetening units of refineries.
Islamabad has said that it will fulfill its undertaking to lay gas pipelines on Pakistan soil, adding that gas imports from Iran will begin as of late 2016 or early 2017.
Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says enemies are using oil as a political tool to exert pressure on oil exporting countries.
An Iranian energy expert says Saudi Arabia’s deliberate manipulation of oil prices and its overproduction are to blame for the sharp pains the glutted market feels.
Iran's oil minister has said that as promised before the country will increase its gas production from South Pars by 100 million cubic meters [per day] by yearend [March 2015].
