Iran | Oil & Gas Feed

Turkmenistan and Iran have signed a contract to swap supplies of Turkmen gas for Iraq, Trend reports. According to the Ministry of Foreign Affairs of Turkmenistan, this agreement was reached during the ongoing negotiations on July 1–3, 2024, in Ashgabat between the Turkmen and Iranian sides, within which a wide range of issues related to the further […]

 Russian gas will be transported to Iran along the Caspian Sea bed, Iranian Oil Minister Javad Owji said at a meeting of the Cabinet of Ministers, Trend reports. According to him, a total of 300 million cubic meters of gas will be transported daily from Russia to Iran under a 30-year agreement signed between Iran’s National Gas […]

Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s president died in a helicopter crash and Saudi Arabia’s crown prince deferred a trip to Japan on account of his father, the king’s, health.   Brent crude was down 35 cents at $83.63 a barrel by 1205 GMT. The U.S. West Texas Intermediate […]

In the year which ended in March, Iran increased oil supplies to China and other customers , despite US sanctions Iranian oil exports in monetary terms reached $35.8 billion in the 12 months to the end of March 2024, the country’s customs reported. Despite US sanctions, China’s purchases of Iranian oil have allowed the country […]

Expressing Iran’s readiness to become a regional energy hub, President Ebrahim Raisi said the country could turn into a safe route for the transfer and distribution of natural gas among suppliers and consumers. Addressing the 7th summit of the Gas Exporting Countries Forum (GECF) in Algeria on Saturday, Raisi highlighted Iran’s huge reserves of natural […]

 Iran’s gas production capacity has increased by 8 million cubic meters (mcm) per day after the launch of a new subsea pipeline connecting the sprawling South Pars gas field in the Persian Gulf to the Iranian mainland. In an interview with IRNA, Nematollah Shahroei, who serves as the contractor for the new pipeline at South Pars […]

The new offshore gas pipeline, costing €130 million to build, came into operation at the order of Iranian Oil Minister Javad Owji, concurrent with the 45th victory anniversary of the victory of the Islamic Revolution of Iran. Following the completion of the pre-commissioning, commissioning operations and fulfilling the preparatory and final tests on the new […]

Swap supplies of Turkmen gas in transit through Iran do not violate anti-Iranian sanctions, U.S. Ambassador to Turkmenistan Matthew Klimow said at a press conference...

Turkmenistan has already begun discussing the details of a contract with Iraq for swap gas supplies through Iran in the amount of up to 9...

Iran, with the participation of Russia, Turkmenistan, and Qatar, seeks to create a gas hub in the Asaluye industrial area in the southern Iranian province...

Iran has expressed interest in supplying Russian petroleum products to the north of the country, Russian Deputy Prime Minister Alexander Novak said at a press...

Iran intends to develop the oil and gas sectors to the maximum under the sanctions imposed by the US and Western countries, Iranian Oil Minister...

Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry...

Iran has offered to transport Turkmen and Russian gas to consumers in any direction, including South Asia, the News Central Asia (NCA) news service reports....

Azerbaijan and Iran discussed the issues arising from the implementation of the “Khudafarin” and “Giz Galasi” hydro junctions and hydroelectric power plants projects and the...

Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub, Russian Deputy Prime Minister Alexander Novak...