Iran’s deputy energy minister said an international tender will be soon invited over improving the efficiency of power plants’ generation capacity from 33 to 40 per cent. Houshang Falahatian, while stating that the average efficiency rate in the country’s power stations are expected to climb from the current 38 to over 40 per cent in…
India‘s annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. The sharp increase propelled Iran into fourth place among India’s suppliers in 2016, up…
The operator of phases 20 and 21 of the super giant South Pars Gas Field says phase 21’s platform is currently recovering 27 million cubic meters of natural gas per day, saying the platform is faced with no restrictions in supplying gas to onshore refining facilities. Alireza Ebadi said one third of the gas recovered…
Iran says it will need at least 55 billion dollars in investment in its petrochemical sector to bring its annual output to 150 million tons from the current 60 mt/y production capacity within the next 10 years. Managing Director of the National Petrochemical Company (NPC) Marziyeh Shahdaei has said Iran will need $20b in fresh…
A delegation of government have attended Mehrabad Airport to celebrate landing of the first Airbus A321, as part of the lucrative deal President Rouhani had signed with European giant of the air industry. The government encourage had notably Minister of Roads and Urban Planning Abbas Akhundi, Head of AEOI Ali Akbar Salehi, a number of…
A delegation, comprising senior officials of Poland’s largest oil company, is scheduled to visit Tehran in coming days aiming to ink a contract for developmental of Iranian oilfields. Poland has begun new cooperation with Iran in the post-JCPOA era over development of oil trade as well as collaborations for investment in upstream sector of Iranian…
Iran Air spokesman had announced that the first Airbus A321 aircraft will arrive at Mehrabad International Airport on Thursday January 12 at 14:30 local time. Shahrokh Nushabadi made the announcement adding that the airplane had been scheduled to leave Hamburg Airport of Germany for France’s Toulouse Blagnac Airport on Tuesday after going through technical tests….
Millions of mourners turned out in the capital Tehran on Tuesday to bid a final farewell to former president Ayatollah Akbar Hashemi Rafsanjani. High-ranking state and military officials, including President Hassan Rouhani, Parliament Speaker Ali Larijani and Judiciary Chief Ayatollah Sadeq Amoli Larijani, stood in rows behind Leader of the Islamic Revolution Ayatollah Seyyed Ali…
Ayatollah Akbar Hashemi Rafsanjani an influential politician and close ally to the Father of the Islamic Revolution the late Imam Khomeini in both pre and post-Islamic Revolution days and also Supreme Leader Ayatollah Seyyed Ali Khamenei died on Sunday due to cardiac arrest in a Tehran hospital at the age of 82. President Hassan Rouhani…
Ayatollah Akbar Hashemi Rafsanjani an influential politician and close ally to the Father of the Islamic Revolution the late Imam Khomeini in both pre and post-Islamic Revolution days and also Supreme Leader Ayatollah Seyyed Ali Khamenei died on Sunday due to cardiac arrest in a Tehran hospital at the age of 82. Ayatollah Hashemi Rafsanjani,…
