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Iran oil output up 500k bpd y/y: IMF
The new statistics released by the International Monetary Fund (IMF) show that Iran's oil production in 2023 saw an increase of 500,000 barrels per day (bpd) in comparison to the previous year, reaching 3.1 million bpd.
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Iran’s Electricity Exchange Capacity with Neighbors to Increase to 5,000MW
The chief executive of Iran’s Power Generation, Distribution and Transmission Company (known as TAVANIR) said the country’s capacity for electricity exchange with neighboring countries will increase to 5,000 megawatts.
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Iran, Azerbaijan, Russia Electricity Grids to Be Connected
An electricity connection project between Iran, Russia and the Republic of Azerbaijan is at the final stage and will be implemented in the near future, an official at Iran’s Ministry of Energy said.
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Tehran, Doha to Ink New Contracts in Energy Sector: Official
Iran and Qatar plan to clinch new contracts in the near future to boost bilateral ties in the energy sector, an official at Iran’s Ministry of Energy said.
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Iran’s Petchem Output Capacity to Exceed 100 mln Tons by March: NPC Chief
Highlighting the development of Iran’s petrochemical industry, the chief executive of the National Petrochemical Company (NPC) said the production capacity of the industry will reach more than 100 million tons by the end of the current Iranian calendar year (March 20, 2025).
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Iran’s Crude Oil Output Hits 3.25 Million bpd in March
Iran produced 3.25 million barrels of oil per day (bpd) in March 2024, showing a hike compared to a month earlier, the US Energy Information Administration (EIA) announced in its latest report.
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12 Petrochem Projects to Go on Stream in Iran in Months: NPC Chief
The chief executive of Iran’s National Petrochemical Company (NPC) said 12 petrochemical projects will be put into operation by the end of the current Iranian calendar year (to end March 20, 2025).
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Iran’s oil price, output surge in March 2024: OPEC
The Organization of Petroleum Exporting Countries (OPEC) in its latest monthly report has said that Iran’s oil production volume increased by 28,000 barrels per day (bpd) in March 2024.