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energy

Iran imports equipment to build 7,000 MW of solar power capacity

Iran has imported equipment enough to develop solar farms with a combined daily capacity of about 7,000 megawatts (MW) of green electricity, an official in charge of renewable energy planning at the Plan and Budget Organization (PBO) said on Tuesday.

Energy

Pezeshkian vows no energy cuts for industries amid reduced rainfall

President Masoud Pezeshkian says the government has no intention of cutting off water, electricity or gas supplies to industries, despite reduced rainfall in recent years.

Energy

Iran, Russia take first step toward uniting regional energy exchanges

Iran’s Energy Exchange (IEE) and the St. Petersburg International Mercantile Exchange (SPIMEX) have signed a memorandum of understanding aimed at laying the groundwork for joint trading and closer regional cooperation in energy markets.

Energy

Iran’s gasoline consumption tops 1 billion liters in a week, hitting new record

Iran’s gasoline consumption surpassed 1 billion liters in the week of Sept. 6-12, setting a fresh record and underscoring mounting pressure on the country’s fuel supply and distribution network, state media reported on Sunday.

Energy

President Pezeshkian urges water saving, solar expansion to tackle energy shortages

President Masoud Pezeshkian has called for urgent measures to address the country’s water and energy imbalances, saying conservation and renewable energy were key to sustaining economic development.

Energy

Iran steel output falls for second year amid power, gas shortages – Industry official

Iran’s economy has suffered $14 billion in cumulative losses over the past four years due to power and gas outages, a senior industry official said on Saturday, warning that the country’s steel sector continues to face serious production setbacks.

Energy

Iran announces rise in gasoline output to 120 million liters a day

Iran has ramped up its gasoline production to 120 million liters per day in the second Iranian calendar month of Ordibehesht (started on April 21), up from 107 million liters the previous month, even as the country’s refining industry reports a dramatic collapse in profitability, a senior industry official said on Tuesday.

Energy

Oil minister to visit Iraq for deals as ties in energy remain ‘strong’

Iran’s Minister of Oil Mohsen Paknejad announced plans to travel to Iraq in the coming days, stating his country has established “strong relations and cooperation with Iraq across various sectors, particularly in the oil industry and joint oil project implementation.”

Energy

Iran’s gasoline consumption expected to hit 135 million liters per day during New Year holidays

A record 135 million liters a day of gasoline is expected to be consumed by Iranians during the upcoming Persian New Year holidays, an energy official said.

Energy

Iran reaffirms commitment to electricity exports to Iraq despite US sanctions

Iran’s Foreign Minister, Abbas Araqchi, has reaffirmed Tehran’s commitment to supplying electricity to Iraq, despite the United States revoking a sanctions waiver that had allowed Baghdad to import Iranian electricity.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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