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Iran gas

Turkey needs Iran’s gas despite Black Sea discovery: Zanganeh

Iran’s Oil Minister Bijan Namdar Zanganeh says Turkey would continue to need gas imports from countries like Iran despite the recent discovery of a gas field which Ankara has publicized as a major step toward energy independence.

Energy

Iran launches $5.6bn worth of energy projects with private sector co-investment

Iranian President Hassan Rouhani has opened several major energy projects which were developed with the private sector contribution.

Energy

Iran to finish South Pars development in 10 months: Zanganeh

Iran’s oil minister Bijan Namadar Zanganeh says the country would wrap up development work at South Pars gas field, the world’s biggest natural gas reserve located in the Persian Gulf, by late March 2021 when the current Iranian calendar year comes to its end.

Energy

Iran brings on line fourth gas rig at Phase 14 of South Pars, expands production to over 700 mcm/d

Iran has started pumping natural gas from fourth rig at Phase 14 of South Pars in the Persian Gulf to bring production from the gas field to over 700 mcm per day.

Energy

Development work goes on at South Pars phase 11: Zangeneh

Iranian Oil Minister Bijan Namdar Zanganeh has said that development works for a major section of the South Pars gas field keep flowing by Iran’s Petropars after France’s Total and China’s CNPC withdrew from the project.

Energy

Iran in gas transit talks with EU companies

Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company’s agenda, the CEO said.

Energy

Iran’s vice president urges China, friendly countries to buy oil

After one year of the imposition of oil sanctions, Iran’s economy now enjoys a stable status. Iran expects friend countries to act more actively in buying Iranian oil, Iran’s Vice President Jahangiri said.

Energy

Iraq sets up SPV to buy Iranian power in wake of US sanctions: Report

AFP is reporting that a dinar-based account in Trade Bank of Iraq is supposed to be used to pay for Iranian energy in return for Tehran’s humanitarian purchases.

Financial Markets

US grants energy-hungry Iraq new Iran sanctions waiver: Reports

According to reports, Washington has given Baghdad a 90-day sanctions waivers to keep buying Iranian gas and electricity to meet summertime peaks of demand.

Energy

Iraq not seeking to substitute Iranian gas, electricity: Ambassador

The Iraqi envoy to Iran says although there are substitutes for Iranian energy, Baghdad maintains committed to imports from Iran and that is lookig for alternative ways of doing so.

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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