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Rise in Hendijan Oil Field Production

EghtesadOnline: The wellhead Platform 7 of Hendijan Oil Field in the Persian Gulf was installed late on Monday, managing director of Iranian Offshore Oil Company, operator of the field, said.
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Publish Date:01/October/2020 | 15:43

1.2m Tons Added to Iran’s Steel Production Capacity

EghtesadOnline: The second phase of South Kaveh Steel Company with a steel ingot production capacity of 1.2 million tons was inaugurated on Saturday in a ceremony attended by First Vice President Es’haq Jahangiri in Persian Gulf Special Economic Zone, located in the port city of Bandar Abbas in Hormozgan Province, according to the company’s CEO.
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Publish Date:27/September/2020 | 11:48

Exports to Arab, Mideast Countries Hit $2.5 Billion

EghtesadOnline: A total of $2.5 billion worth of non-oil commodities were exported from Iran to the littoral states of Persian Gulf and Middle Eastern countries during the first five months of the current Iranian year (March 20-Aug. 21).
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Publish Date:20/September/2020 | 11:46

SP Gas Condensate Goes Largely to Major Refiner

EghtesadOnline: South Pars Gas Complex produces 650,000 barrels of gas condensates per day, a major part (500,000 barrels) of which is piped to the Persian Gulf Star Refinery in Hormozgan Province to be converted into gasoline, deputy managing director of the complex said.
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Publish Date:10/September/2020 | 11:26

Kerman to Get Sea Water in Oct

EghtesadOnline: The first phase of a project to transfer water from the Persian Gulf to Kerman and Yazd provinces will be launched in October, thanks to the concerted efforts of private and state companies, managing director of the Persian Gulf Water Supply and Transmission Company said.
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Publish Date:10/September/2020 | 11:24

50+ Research Projects Help Improve Petrochem Industry

EghtesadOnline: Fifty research projects are underway at subsidiaries of the Persian Gulf Petrochemical Industries Company, director of planning and development said Wednesday.
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Publish Date:23/August/2020 | 11:35

Iran's Trade With Persian Gulf States Tops $21 Billion

EghtesadOnline: Iran’s non-oil commercial exchanges with Persian Gulf Arab states, including Iraq, the UAE, Oman, Qatar, Kuwait, Syria, Lebanon, Jordan and Saudi Arabia, hit $21.5 billion in the last Iranian year that ended on March 19, 2020.
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Publish Date:11/May/2020 | 09:09

Foreign Military Presence in Hormuz Strait Unconstructive

EghtesadOnline: The presence of foreign military forces in the sensitive Persian Gulf is unconstructive, the Iranian Foreign Ministry said following France's declaration this week that the military component of its maritime surveillance and security mission in the Strait of Hormuz is fully operational.
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Publish Date:07/March/2020 | 06:57

Moscow Favors Resolution of Iran-US Disputes Through Dialogue

EghtesadOnline: Moscow believes that only dialogue can help Washington overcome any disagreement with Iran, a stance that is reflected in Russia’s concept of collective security in the Persian Gulf , Russian Foreign Minister Sergey Lavrov told the Italian La Stampa daily.
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Publish Date:18/February/2020 | 24:36

US Relaxes Iran Overflight Curbs

EghtesadOnline: The US Federal Aviation Administration is allowing US airlines to resume operations over large areas of the Persian Gulf after it barred American carriers from the area in the wake of tensions between Tehran and Washington.
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Publish Date:17/February/2020 | 24:26

$3b Invested in Khuzestan APG Treatment Plant: NPC

EghtesadOnline: A major plan for collecting and processing associated petroleum gas in the Bidboland Persian Gulf Gas Refinery, in Behbahan County, Khuzestan Province, will come on stream in spring.
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Publish Date:10/February/2020 | 24:45

Tehran Open to Dialogue With Neighbors

EghtesadOnline: Foreign Minister Mohammad Javad Zarif reaffirmed Iran’s readiness for talks with neighbors amid tensions in the Persian Gulf region.
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Publish Date:25/January/2020 | 13:22

Harnessing APG Helps Kish Power Plants Cut Diesel Use

EghtesadOnline: With the aim of developing power generation, approximately 2.3 billion cubic meters of associate petroleum gas has been harnessed from Sirri Island oilfields in the Persian Gulf for power plants in the southern regions.
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Publish Date:25/January/2020 | 24:34

South Pars Output Up 7%

EghtesadOnline: To speed up gas production from South Pars Gas Field in the Persian Gulf , an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said.
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Publish Date:08/January/2020 | 11:03

Uncertainty Drags Down Tehran Stocks

EghtesadOnline: Equities in both of Tehran Stock Exchange and the over-the-counter Iran Fara Bourse made a rare nosedive at the start of trading week on Saturday as markets dived following renewed military tensions in the strategic Persian Gulf region.
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Publish Date:05/January/2020 | 11:30

Call for Supporting Regional Security Efforts

EghtesadOnline: The Iranian Embassy in Japan emphasized that the presence of foreign forces will not guarantee stability in the Persian Gulf , calling on friendly countries such as Japan to support Iran's Hormuz Peace Endeavor that engages regional states in security efforts.
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Publish Date:29/December/2019 | 24:15

Iran-Saudi Dialogue Crucial for Implementing Hormuz Peace Plan

EghtesadOnline: Iran's regional peace plan could have a chance of being implemented in cooperation with Persian Gulf Arab states, if relations between Tehran and Riyadh were to improve, a political analyst says.
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Publish Date:14/December/2019 | 13:16

Gas Flaring in Forouzan Oilfield Coming to an End

EghtesadOnline: Gas flaring in Forouzan Oilfield in the Persian Gulf will come to an end in December, managing director of Kharg Petrochemical Company said.
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Publish Date:03/December/2019 | 24:17

South Pars to Boost Gas Output by 11%

EghtesadOnline: Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director of Pars Oil and Gas Company, a subsidiary of state-owned National Iranian Oil Company that oversees the development of gas fields, said.
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Publish Date:26/November/2019 | 11:04