Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari highlighted reasons behind financial problems facing the country and said the Islamic Republic is in an economic war with the enemy. In a speech on Tuesday morning, Major General Jafari pointed to Washington’s sanctions on Tehran and said, “We are in an economic […]

A senior official at the National Iranian Oil Company (NIOC) said the company is slated to supply a million barrels of crude oil on Iran Energy Exchange (IRENEX) on January 21. This will be the third time that the state-run company is offering oil to the private sector at the international ring of IRENEX. Director […]

 Iranian deputy industry minister informed of an agreement between his ministry and the Islamic Republic of Iran Customs Administration (IRICA) on extension of order registration period for importing goods from three months to six months, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.  The extension has been done due to […]

 The first platform of phases 22-24 of South Pars gas field starts operation, Farhad Izadjou, the operator of these phases, announced. Izadjou put the daily gas production in this platform, which belongs to phase 22, at 14.2 million cubic meters (mcm), IRNA reported on Saturday. Phases 22-24 are expected to produce 56 million cubic meters […]

Steam unit of Kashan Combined Cycle Power Plant became operational this morning Jan. 13 in the presence of First Vice President Es’hagh Jahangiri. In his visit to Kashan Combined Cycle Power Plant, Jahangiri visited various units of this giant project and was briefed on the construction operation trend and specifications of this project. Construction operation […]

Iran’s natural gas output currently stands at 800 million cubic meters per day, a senior energy official said Saturday. The National Iranian Gas Company (NIGC) CEO Hassan Montazer Torbati added that 97% of the country’s urban population and 82% of the citizens in rural areas are now linked to the national gas distribution network which […]

Managing Director of National Iranian Gas Company (NIGC) Hassan Montazer Torbati says despite the US sanctions, the gas exports to neighboring of Iraq and Turkey are continuing. The gas exports to neighboring of Iraq and Turkey are continuing despite the US pressures, Managing Director of National Iranian Gas Company (NIGC) Hassan Montazer Torbati said on Saturday. […]

Production of rich gas has started from the first offshore platform of phase 22-24 of the supergiant South Pars gas field, the project manager said. According to Pars Oil and Gas Company (POGC), the platform is operational and can recover 14.2 million cubic meters per day of natural gas from the massive joint field in […]

 The tenth edition of Iran’s Doors and Windows Technology International Exhibition (Do-WinTech 2019) is due to be held on January 23-26 in Tehran, IRIB reported. During the four-day event, over 350 domestic and foreign companies will gather at the Tehran International Permanent Fairgrounds to showcase their latest products and services. The exhibition will cover a […]

In spite of US sanctions imposed on Iran, India will continue to import oil from Iran. “We have had several rounds of meeting with Iran and several other stakeholders. I can tell you that India continues to import oil from Iran. We have got a waiver in this regard and we will continue to be engaged with all the stakeholders as far as matters […]