The head of the Planning and Budget Organization said: Iran, having the largest oil and gas reserves, will be one of the key players in the energy market in the coming years. According to the Planning and Budget Organization, Seyed Massoud Mirkazemi met with the Brazilian ambassador to Tehran on Monday, saying, "In the 13th administration, improving ...

Iranian Oil Minister Javad Owji says the country would seek to attract investment into major petroleum projects through a barter system involving crude. Owji said on Sunday that paying investors in oil and condensate, which is a very light from of oil, would mostly cover unfinished energy projects in the Iranian oil and gas sector. There are ...

MNA Iranian Energy Minister Reza Ardakanian announced on Monday that by the end of the incumbent administration (May, 2021), some 111 energy projects will be inaugurated. As he told Mehr news agency, to inaugurate the said projects some 160 trillion rials (about $1.33 billion) is required. Some 227 water and electricity projects, at the value ...