Energy Industry

Deputy NRI:

Modifying gas turbines to save €480mn for Iran

TEHRAN, Oct. 12 (MNA) – Deputy Head of Niroo Research Institute (NRI) for Technology Affairs Seyyed Mohsen Marjanmehr said that €480 million worth of foreign currency will be saved in the country with modifying gas-operated turbines.

Azerbaijan, Russia, Iran set to launch energy corridor

TEHRAN, Oct. 06 (MNA) –Azerbaijani Economy Minister Shahin Mustafayev said on Saturday that Baku, Moscow and Tehran are preparing to create a North-South energy corridor.

Iran’s oil minister holds bilateral meetings with Armenian, Qatari counterparts

TEHRAN, Oct. 04 (MNA) – The Iranian Oil Minister Bijan Zanganeh held separate meetings with his Armenian and Qatari counterparts in Moscow on Thursday.

Energy min.:

'Cooperation with foreign investors on rebuilding Syrian industry good chance for Iran'

TEHRAN, Sep. 25 (MNA) – Iranian energy minister Reza Ardakanian told reporters on Wednesday that "rebuilding Syrian industry in cooperation with foreign investors is a good chance for Iranian companies to attend the lucrative market."

IRENEX to supply gas condensates as of Oct. 7

TEHRAN, Sep. 24 (MNA) – Managing Director of Iran Energy Exchange (IRENEX) Seyyed Ali Hosseini on Monday said that Iran Energy Exchange (IRENEX) will supply gas condensates of South Pars Gas Field as of Oct. 7.

Energy min.:

Iran’s accession to EAEU, 'great economic opportunity'

TEHRAN, Sep. 13 (MNA) – Iranian Minister of Energy Reza Ardakanian said that Iran’s accession to Eurasian Economic Union (EAEU) is a great opportunity for the country.

Energy min.:

Iran, Afghanistan to accelerate coop. in electricity sector

TEHRAN, Sep. 07 (MNA) – Iranian Minister of Energy Reza Ardakanian said on Sat. that cooperation between Islamic Republic of Iran and Afghanistan in the field of electricity will be accelerated.

EAEU-Iran trade deal to take effect on Oct. 26: Russian energy min.

TEHRAN, Sep. 03 (MNA) – A key trade deal between Iran and the Eurasian Economic Union (EAEU) will officially take effect on October 26, Russian Energy Minister Alexander Novak said in a meeting with his Iranian counterpart Reza Ardakanian.

Iran stands 1st in producing power transformers in ME

TEHRAN, Sep. 02 (MNA) – Deputy CEO of Iran’s Power Generation and Distribution Company (TAVANIR) for Coordinating Affairs Seyyed Zaman Hosseini said on Sunday that Islamic Republic of Iran stood at the first place in the Middle East region in the field of technology of producing various types of power transformers.

Iranian petchem firms interested in using domestic catalysts

TEHRAN, Sep. 02 (MNA) – CEO of the Petrochemical Research and Technology Company (PRTC) says Iranian petrochemical companies are keen on consuming local catalysts for their operations to cut expenses.

Energy min. inaugurates 1st 7-MW solar power plant in Zanjan prov.

TEHRAN, Aug. 27 (MNA) – On the occasion of the Government Week in the current year (started March 21, 2019), Minister of Energy Reza Ardakanian inaugurated a 7-megawatt solar power plant in Abhar, Zanjan province, on Tue.

Pakistan eyes increasing energy coop. with Iran

TEHRAN, Aug. 23 (MNA) – Pakistan’s Minister of Power Omar Ayub Khan said that his country intends to expand and develop cooperation with the Islamic Republic of Iran in the field of energy.

Deputy energy min.:

MoU inked between Iran, Afghanistan to provide electricity exchange possibility

TEHRAN, Aug. 19 (MNA) – Deputy Minister of Energy for Electricity and Energy Affairs Homayoun Haeri said that signing a Memorandum of Understanding (MoU) between Islamic Republic of Iran and Afghanistan in the field of electricity will provide the possibility of electricity exchange between the two neighboring countries.

Iran, Russia, Azerbaijan agree to set up North-South energy corridor

TEHRAN, Aug. 17 (MNA) – Officials of Republic of Azerbaijan, Iran and Russian Federation have signed an agreement to study jointly feasibility of a project to create the North-South corridor.

SZOGPC self-sufficient in manufacture, repair of oil industry equipment

TEHRAN, Aug. 14 (MNA) – South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured or repaired the 521 items needed in the oil and gas industry.

NPC to launch three petchem projects by yearend

TEHRAN, Aug 11 (MNA) – The National Petrochemical Company (NPC) of Iran will launch three new petrochemical projects by the end of the current fiscal year (March 2020), a senior official said.

NIOC to offer heavy crude at Energy Exchange

TEHRAN, Jul. 27 (MNA) – The National Iranian Oil Company (NIOC) has planned to offer heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday July 30.

Oil to be swapped for revival of Rey power plant: official

TEHRAN, Jul. 10 (MNA) – Head of Thermal Power Plants Holding Company Mohsen Tarztalab announced that, according to a contract, some part of the required finance for revival of Rey power plant, South of Tehran, will be supplied via swapping of crude oil.

NPC, IMIDRO agree to accelerate petchem projects in southern Iran

TEHRAN, Jun. 11 (MNA) – The National Petrochemical Company (NPC) and the Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO), have reached an agreement to facilitate the construction of several petrochemical projects in southern Iran.

3,200 rooftop solar power stations operational

TEHRAN, Jun. 02 (MNA) – More than 3,200 rooftop solar power stations are operational all across the country, said an official from the state-owned Renewable Energy and Energy Efficiency Organization (SATBA).

Iran, Tajikistan discuss boosting energy cooperation

TEHRAN, Jun. 01 (MNA) – Iranian Energy Minister Reza Ardakanian met with Tajikistan Foreign Minister Sirodjidin Muhriddin in Tehran on Friday to discuss the expansion of bilateral ties in electricity, water, farming and other energy sectors.

Iran’s renewable power capacity growing

TEHRAN, May 29 (MNA) – The capacity of Iran’s renewable power production has reached 724 megawatts and the number is expected to exceed 1,000 MW when the under-construction projects come on stream in the near future, according to the official website of the Energy Ministry.

Energy generation in hydroelectricity power plants up by 106%

TEHRAN, May 28 (MNA) – An official with the energy ministry said on Tuesday that energy generation in hydroelectricity power plants of the country will register a significant 106 percent hike during this year's summer (June 22-September 22).

US grants sanctions waiver for Iraq to import energy from Iran: Envoy

TEHRAN, May 23 (MNA) – The US envoy to Baghdad says Washington has exempted Baghdad from some of its unilateral anti-Iran sanctions, allowing Iraq to continue importing energy from Iran.

Iran, Russia energy ministers discuss joint investments

TEHRAN, May 21 (MNA) – Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak discussed on Monday the priority investment projects in different energy sectors.

Ashgabat hosts Iran-Turkmenistan joint business forum

TEHRAN, May 13 (MNA) – Iran-Turkmenistan Joint Business Forum was held in Turkmenistan’s capital Ashgabat on Monday in the presence of representatives of the ministries of oil, roads and energy of the two countries.

Deputy Energy Min.:

Iran renewable energies’ capacity to hit 800mw

TEHRAN, Apr. 30 (MNA) – Deputy Ministry of Energy Seyed Mohammad Sadeghzadeh said that production capacity of renewable energies in the country will hit 800megawatt.

Renewable power production surpasses 3bn kWh in almost 10 years

TEHRAN, Mar. 27 (MNA) – Renewable power production surpassed billion kilowatt watts per hour (kWh) in a 10-year time span from late June 2009 to late April 2019, Iranian ministry of power announced on Saturday.