Overtaking Iraq, Iran has become the second producer of liquid fuel in the Organization of Petroleum Exporting Countries (OPEC).

SHANA The CEO of the National Iranian Gas Company (NIGC) said by investing a sum of $4 billion in urban and rural gas projects in recent years and in return for exporting liquefied fuel, NIGC has saved roughly $9 billion in the gas sector. According to NIGC, Hassan Montazer Torbati said the consuming gas domestically it would be worth 20 cents ...

Birjand, South Khorassan Prov., Jan 7, IRNA Governor General of South Khorassan Province Vajhollah Khedmatgozar said in Tehran on Wednesday that expansion of economic transactions with Afghanistan is among long-term objectives of the Government of Hope and Prudence. Khedmatgozar said in Birjand on Wednesday that expansion of the export of fuel and ...

TEHRAN August 16 (Shana)--A 40-percent increase in natural gas delivery to power plants has saved 10 to 15 billion liters of liquid fuel, a Petroleum Ministry official said. Mansour Moazzami said the gas delivered to the power plants during the first four months of the current calendar year, which started on March 21, was up 40 percent. The official ...

TEHRAN May 31 (Shana)--Tehran has finalized a deal to export liquid fuel to Kabul and is currently negotiating a similar deal with the neighboring Iraq, said an Iranian oil industry official. The managing director of the National Iranian Oil Products Distribution Company (NIOPDC), Mostafa Kashkouli, said Saturday that Iran has so far cemented deals ...