2017-08-23

Iran Regains Europe Market

TEHRAN, (BPN) — Iran’s oil exports to European buyers reached their post-sanctions highs in May, official figures show. According to these figures, Iran’s Europe oil exports have also neared oil exports to Asian countries Iran sold some 1.1 million barrels of oil to European countries last May, close to the amount it supplied before international sanctions were imposed on Iran over its nuclear program. The sanctions were lifted in January 2016 under a nuclear deal Iran signed with six world powers in 2015. After sanctions were enforced, many European buyers of Iran’s oil were forced to get their oil from other sources than Iran. Due to the sanctions, Iran’s oil exports fell below 2 mb/d in March 2012. Greece totally […]
2017-08-23

Tehran, Seoul in $20mn Deal

TEHRAN, (BPN) — Iran and South Korea have signed a $20 million agreement for the development of technical knowhow for mini-LNG ISO containers over a period of four years. This agreement on technical and research cooperation will facilitate international marketing for the two countries. The memorandum was signed in South Korea’s Busan between a group of companies led by National Iranian Gas Company (NIGC) and a consortium led by South Korea’s Oceanus. The Korean side comprises KITECH, DongHwa Entec, Sung-IL Encare, Gs E&C, KoGas Tech and KGS. The NIGC-led consortium regroups LNG Institute of Tehran University (ILNG), Research Institute of Petroleum Industry (RIPI) and a number of engineering and manufacturing companies. The Iranian delegation was led by Saeed Pakseresht, director […]
2017-05-11

Iran is one of the victims of climate changes / developmening renewable energy

Minister of Energy in the first Iran- EU business forum on sustainable energy claims that Iran is one of the victims of climate changes / developmening renewable energy H.E. Chitchain mentioned that holding this business forum shows special interest of European Union and Iran’s organizations and policy makers to find a solution to reduce greenhouse gas emissions and global warming. He also claimed that Iran is a country that suffers from continuous drought due to climate change. For example drought of wetlands, dust phenomenon and reduction of underground water resources level also drying gardens and farms, villages lack of inhabitants in many areas in Iran due to the lack of water, are the results of these changes in our country. […]
2017-05-11

Largest solar power plant with the capacity of 10 MW in Isfahan

The largest solar power plant with the capacity of 10 MW was operated in province of Isfahan with the presence of Minister of energy and some of national and provincial authorities. According to the report from public relations of renewable energy and energy efficiency organization of Iran (SATBA), this power plant was constructed by the cooperation of international power and energy investment Company (Ghadir) and its foreign partner from Greece in the province of Isfahan. The capacity of this power plant is 10 MW which is provided by 39000 solar panels. At the moment this amount of capacity is the largest in the country. Environmental condition of this area and number of sunny days are among the positive parameter in […]