Pirate attacks targeting commercial shipping, including oil cargo, have sharply increased, Managing Director of National Iranian Tanker Company (NITC) Ali Akbar Shafa’ie has said.
An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million tonnes in next 10 years despite international sanctions imposed on Iran's energy and financial sectors.
A senior official of Russia’s State Corporation on Atomic Energy, Rosatom, has indicated his company’s interest in building new nuclear power plants in Iran.
Iran is to increase price of natural gas supplied to households, businesses, and state-run building by 15% compared to last year, while leaving natural gas price for industries intact.
Iran and Indonesia have reached a final agreement on building 48 power plants in the Southeast Asian country, Iranian Energy Minister Hamid Chitchian has said.
Iran is planning to bring three new petrochemical plants on-stream before the end of the current Iranian calendar year (ends March 20, 2016), an official says.