Financial Tribune - Qeshm Free Zone Organization and Parsian Oil and Gas Development Group Company signed on Sunday a memorandum of understanding on the development of a petrochemical hub on the largest Persian Gulf island. According to the agreement, the national project is slated to be implemented by $8 billion in domestic and foreign investment ...

IRNA A senior official in the Qeshm Free Trade Zone said exports from this Persian Gulf Island to foreign countries as well as other free trade zones in the country has risen by 92 percent this calendar year (started March 20). Direct General for the organization for industries, mines and trade Jahangir Majidi said that the figure shows a remarkable ...

TEHRAN (FNA)- Iran is scheduled to generate over 12,000 megawatts of electricity through the development of the country's Southern oil and gas reserves, a senior Iranian oil official said. A senior official at the National Iranian Offshore Oil Company (NIOOC), Heidar Yarveisi, Sunday said that the NIOOC is developing 16 offshore oil and gas fields ...