Germany‘s Medio Energy Invest and Iran signed a memorandum of understanding worth approximately $104 million for the construction of two power plants — wind and solar — in the south of Iran. According to Mehr News Agency, Mahmoud Dashtbozorg, director general of Khuzestan Regional Electricity Company elaborated on the agreement with Medio Energy and said,…
France’s Total will equip Phase 11 of South Pars Gas Field with a pressure booster station to regularly pump two billion cubic feet of gas per day for nearly 20 years as part of a deal between Tehran and the French energy giant. Oil Minister Bijan Namdar Zanganeh told Tasnim News Agency on Monday that…
Iran will finalize a contract with French aircraft manufacturer Airbus on the purchase of jetliners next week, said Minister of Roads and Urban Development Abbas Akhoundi. He added that the details of the contract with Airbus to purchase brand new aircraft will be made public afterwards, Tasnim News Agency reported. During Iranian President Hassan Rouhani‘s…
Head of container affairs of Shahid Rajaei Port in Hormuzgan Province announced that 17 international container shipping companies have resumed their activities in the port adding that Maersk Line of Denmark and MOL of Japan as well as CMA of France and Messina of Italy will begin operations in the port soon. Also Today Imam…
Iran has inaugurated a new platform at Phase 21 of South Pars Gas Field adding 28 million cubic meters per day (mcm/d) of gas to its production. “The production capacity of South Pars has reached 515 mcm/d,” said Alireza Ebadi, the head of South Pars phases 20 and 21 development project, Shana reported. The nominal…
Poland‘s biggest refiner PKN Orlen announced a major purchase of crude oil from Iran thus becoming the latest company to join the already long list of European clients of Iranian oil. The state-owned PKN Orlen announced in a statement as reported by Reuters that it had bought one million barrels of Iranian Light oil. It…
Russia‘s aviation giant Sukhoi signed a preliminary agreement with Iran to sell Superjet 100 planes. According to Interfax news agency, the agreement, which was signed with an unnamed Iranian company, enables both sides to study the projected sales. The news agency quoted an unnamed Russia aviation official as confirming the development. The official added, however,…
Indonesia’s Pertamina Spokeswoman Wianda Pusponegoro said the energy company is expected to sign an agreement to import Iranian liquefied petroleum gas (LPG) in 2017. “It is highly likely we will import again from the National Iranian Oil Company,” Pertamina spokeswoman Wianda Pusponegoro told reporters, according to Reuters. Pertamina plans to import up to 12 cargoes,…
President Rouhani: Strengthening Tehran, Jakarta ties to benefit both nations TEHRAN, Dec. 14 (MNA) – President Rouhani has said the strengthening of relations between Iran and Indonesia will benefit both nations and the region, adding, Tehran and Jakarta are determined to expand their cooperation. Rouhani made the remarks on Wednesday in Tehran at a joint…
A senior Russian official has reported on launch of activities by Lukoil Company in oil exploration projects in the Persian Gulf. Speaking during the 13th meeting of Iran-Russia Joint Economic Commission, Russian Deputy Minister of Energy Kirill Molodtsov touched upon major axes of talks between Iranian and Russian firms over oil, gas and energy industries…
