A senior official at the National Iranian Gas Export Company (NIGEC) says Iranian companies are planning to export gas-generated electricity to five neighboring countries.
Iran will win again an arbitration case brought by Turkey for reduced gas prices after Ankara’s first attempt was quashed by the International Chamber of Commerce in Switzerland in 2014
Iran has marked resumption of Caspian oil swaps by taking delivery of the first gasoline cargo since 2010 when such deals were halted, local media said on Wednesday.
Iran said on Sunday that it plans to offer a barter scheme to Turkmenistan through which it would pay for natural gas imports by gas industry equipment as well as technical services.
Iran says it needs $100 billion of investment in its gas industry as updated BP data put the energy superpower’s reserves above those of Russia as the world’s largest.
Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.