Iran | Egypt Oil & Gas - Part 84

Iran Leveling Impact of Gas Price Increase on Industry, Animal Husbandry

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. Managing Director of the Nationa...

Iran to Build String of Power Plants for Indonesia’s Dam Projects

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. With Indonesian Coordinating Minister for Economics Sofya...

Iran Hints At possible Meeting of Minds with Saudi Over OPEC

Iran’s Minister of Petroleum Bijan Zangeneh says he may meet his Saudi counterpart Ali al-Naimi at the next OPEC meeting in Vienna. Zangeneh said the views of the two countries are identical in many areas and that Ira...

Iran Triple PetroChem Projects to Feed Polyethylene Pipelines

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. Maryam Shahedaei, the official in charge of projects at t...

Iran Makes Big Plans for LPG Export Drive

Iran has gone on a spree of negotiations with the Africans and the Europeans besides the Asians for sales of its liquefied petroleum gas (LPG), an official said on Monday. Mohammad Ali Barati, the managing director of...

Iran Finalizing Indonesia Refinery Project

Indonesian officials said on Saturday that Iran will construct a refinery in the country. Rudy Rajab, the president of Iran-Indonesia Trade Commission, has told a meeting of traders of the two countries in Tehran that...

ExxonMobile Rejects Spurious Reports of Lobbying on Iran Sanctions

ExxonMobil has rejected as “inaccurate” media reports that it is lobbying the US government on Iran sanctions . “ExxonMobil is not lobbying on Iran sanctions,” said Ken Cohen, vice president of Public and ...

Iran Taking Risky Fuel Subsidy Reforms

Iran is likely to abolish subsidised fuel allowances for motorists, an Oil Ministry adviser said on Saturday, in a move that will cut state spending but could also drive inflation and cause protests. The government is...

Iran: Only a Good Nuke Deal Will Do

An Iranian nuclear negotiator says the Islamic Republic seeks a “good” deal with the P5+1 countries over Iran’s nuclear program, stressing, however, that Tehran will not cave in to any excessive dema...

Talks Begin for Electricity Exchange Between Iran, Armenia, and Georgia

Iran’s deputy energy minister says Iran, Georgia and Armenia will soon start trilateral cooperation on electricity exchange. “Through Armenia, we can have energy exchange with Georgia,” Hooshang Falahatian said in a M...

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