TEHRAN  – Yerevan has not received any official proposal from Iran on the purchase of natural gas at a price lower than the Russian one, an Armenian official said. The spokesman of Armenian Energy Infrastructure and Natural Resources Ministry, Vasak Tarposhyan, said Yerevan has repeatedly said it was ready to buy gas from any country […]

TEHRAN – The managing director of Iranian Gas Transmission Company said Iran has exported 250 million cubic meters per day (mcm/d) of natural gas to Armenia since the beginning of the current fiscal year on March 21. Tehran signed a gas deal with Yerevan in 2004 whereby the Islamic Republic agreed to supply gas to Armenia […]

 A top Iranian energy official unveiled plans for a rise in natural gas exports to neighboring Iraq next year. In an interview with Tasnim on Saturday, Managing Director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi said the country’s exports of natural gas to Iraq will increase during the spring and summer of […]

TEHRAN – Iran has exported 1.2 billion cubic meters of gas to Iraq since late June, Shana reported quoting the managing director for the Iranian Gas Transmission Company, Saeed Tavakoli, as saying on Saturday. According to Tavakoli, Iran has agreed to export up to 25 million cubic meters of gas to Baghdad on a daily […]

TEHRAN  – Iranian Oil Minister Bijan Namdar Zanganeh said the French energy giant Total can leave a multi-billion dollar gas deal with the Islamic Republic only if the United Nations Security Council imposes international sanctions against Tehran. Speaking to reporters after his meeting with Deputy Prime Minister of the Republic of Uzbekistan Alisher Sultanov on […]

TEHRAN – The spokesman for the Iranian parliament’ presiding board made assurances that France’s energy giant Total will never leave its major gas deal with Tehran. In remarks released on Saturday, Behrouz Nemati said the agreement with Total has been signed and its implementation process is underway according to Iranian Oil Minister Bijan Namdar Zanganeh. […]

TEHRAN  – Russia on Friday cast a second veto in as many days at the UN Security Council to block the renewal of an UN-led investigation to identify the perpetrators of chemical weapons attacks in Syria. A draft resolution put forward by Japan would have extended the Joint Investigative Mechanism (JIM) for 30 days to […]

TEHRAN – Total Chief Executive Officer Patrick Pouyanne said US President Donald Trump’s new aggressive approach to Iran could kill a huge energy investment the French oil and gas major signed with Tehran just four months ago. “Either we can do the deal legally if there is a legal framework,” Pouyanné told CNN on Monday. […]

The International Energy Agency (IEA) in its latest report on the status of the global energy market said that was the world’s third largest producer of natural gas in 2016.    The IEA in its report said Iran had produced 190 billion cubic meters (bcm) of gas last year which it said was 5.3 percent […]

TEHRAN – Industrial Development and Renovation Organization of Iran (IDRO) and Russian Trade and Economic Development Council signed an agreement on expanding cooperation in oil, gas, rail and air industries yesterday. According to reports, Iran’s IDRO Group Managing Director Mansour Moazzami signed the deal with his Russian counterpart. After the signing the agreement, Moazzami said […]