Remarkable Foreign Investment Made to Expand Iran’s Oil, Gas Output
Estimated to hold eight percent of the world’s total gas reserves and almost 50% of Iran’s domestic gas reserves, South Pars is considered to be the world’s biggest gas field by reserves. The South Pars gas field commenced production in 2002 and continues to be developed in multiple phases by the Pars Oil and Gas […]
Investment in South Pars Projects Surges to $1.2 Billion
Estimated to hold eight percent of the world’s total gas reserves and almost 50% of Iran’s domestic gas reserves, South Pars is considered to be the world’s biggest gas field by reserves. The South Pars gas field commenced production in 2002 and continues to be developed in multiple phases by the Pars Oil and Gas […]
Economic Cooperation among Persian Gulf States Expand
Ties across the Persian Gulf reflect political and economic rivalries, deep ethnic and family linkages, significant investment and trade relations and, in particular, the reality of shared maritime boundaries. Iran traded 8.84 million tons of goods worth $5.14 billion with six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the first two months […]
Great Investment Leads to Construction of Largest Middle East Solar Factory in Iran
The executive operation of constructing the largest Iranian factory to manufacture solar cells has started in Mahan County, Kerman Province, the representative of Kerman and Ravar in the parliament said. “The first phase of the project will cost more than $500 million and the investment will increase by up to $850 million for the next […]
