Iran | Egypt Oil & Gas - Part 56

Iran Accuses OPEC Members of Dumping Oil Prices

Iran's Oil Minister, Bijan Zanganeh, accused the regional neighbors and OPEC friends of trying to take away its customers by offering cheaper oil.

Iran Calls For OPEC Quota System

Iranian Minister of Petroleum, Bijan Zangeneh, said that Iran wants a quota system of production to be reinstated in the Organization of Petroleum Exporting Countries (OPEC).

Turkey’s Unit International to Build Iran Power Plants

Turkish energy company Unit International has reached a $4.2b deal with the Iranian Energy Ministry to build seven natural gas power plants in Iran, in what it said was the biggest investment in Iran since the liftin ...

Iran Calls for Cooperation with Ukraine to Boost Exports

Iranian President called for cooperation between Iran and Ukraine in fields of energy and transit.

Iran, Algeria to Establish Energy Cooperation

Algeria and Iran will launch a partnership project in the field of energy efficiency, notably in the conversion of vehicles to run on compressed natural gas (CNG).

Iran to Build Wind Farm in Kazakhstan

Iran has signed an agreement with Kazakhstan towards building a 50MW wind power plant in the west of Kazakhstan, near the country's Caspian Sea shores. The Kazakh government will finance the $110m project.

Iran, China Signs Oil & Gas MoU

Iran and China have signed a Memorandum of Understanding (MoU) on long-term cooperation in the oil and gas sector, which calls for increasing the extraction of oil and condensates by Chinese operators.

Iran, Tunisia Discuss Energy Ties

Iran and Tunisia exchanged views on Iranian-Tunisian cooperation, and explored potential capacities and needs of the two sides in the field of energy.

Iran, Spain Start Petchem Cooperation

Spain and Iran will launch joint petrochemical projects, CEO of the Spanish company AIRSEC S.A., Javier Lopez, said.

Kuwait Calls on Oil Production Freeze

The Kuwait's Deputy Foreign Minister stressed the importance of reaching a consensus among oil producing countries and he said that "There is no choice but to freeze production".

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