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Iran gas

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

Japan’s crude imports from Iran surged to nearly 300,000 b/d in March

The Asian country imported more than 290,000 barrels per day from Iran in March after the country restarted crude purchases from Tehran before the waivers ended on 2 May.

Energy

Iran, Turkey considering joint bank: Ambassador

The joint bank will be used to handle the Iranian export of gas to Turkey as well as import of other commodities to the country.

Financial Markets

South Korea to continue US talks to get Iran sanctions waiver: Envoy

Seoul is in constant talks with Washington to convince that it needs to keep buying Iranian gas condensates or it will face huge costs in modifying its refinery installations.

Energy

Iran opens four new phases in South Pars gas field, exceeds Qatar’s production

The four new phases at the Iranian side of the largest world gas reserve will hugely increase Iran’s gas production, exceeding that of Qatar.

Energy

Iran opens 3rd phase of Persian Gulf Star refinery to become self-sufficient gasoline producer

The Persian Gulf Star gas processing plant is the most modern and the largest project of its kind in Iran and the largest in the world that has been developed to not only help country stop importing gasoline but also turn into a potential exporter of this product.

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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