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energy

Iran, Turkmenistan strengthen energy, transportation ties with new agreements

Iran and Turkmenistan have signed four memoranda of understanding (MoUs) to enhance cooperation in energy and transportation, capitalizing on their strategic regional positions.

Macro Economy

Iran’s gasoline consumption sets new record high

Gasoline consumption in Iran set a new record high last Tuesday a day before the two-week Persian New Year holidays.

Energy

Households, businesses responsible for 76% of Iran’s gas use

The head of dispatching operations at the National Iranian Gas Company (NIGC) says that households and businesses have accounted for some 76% of the country’s total natural gas consumption.

Energy

Persian Gulf Star refinery supplies 40% of Iran’s gasoline needs

Managing-Director of the Persian Gulf Star refinery in southern Iran has said that the refinery is responsible for 40% of the country’s gasoline needs and also has a significant share in producing other products such as liquefied gas and kerosene.

Energy

Iran’s average daily gasoline consumption reaches 113m liters

Average daily gasoline consumption in Iran has reached about 113 million liters in the 10th month of the current Iranian calendar year (started on December 22, 2023), the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) said.

Energy

Iran has world’s biggest per capita energy consumption

Head of the National Productivity Organization of Iran has cited the latest data released by the International Energy Agency (IEA) which says Iran had the world’s biggest per capita energy consumption in 2022.

Energy

Tehran, Baghdad stress bolstering bilateral ties in energy sector

Iran’s oil minister and the electricity minister Iraq emphasized the need for enhancing bilateral ties in the field of energy.

Energy

Iran transferring electricity with all bordering countries

Iranian official says the country exports and imports electricity with all the countries with whom it shares a land border.

Energy

Iran to construct wind farms to produce 3,000 MW of electricity

The economic council of the Iranian government approved the construction of 3,000 megawatts of wind power, announced head of Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) Mahmoud Kamani.

Energy

New project adds 16 million liters to Iran’s daily diesel output

A newly launched diesel processing project has increased Iran’s diesel production by another 16 million liters per day.

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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