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Tehran to launch capital’s largest solar power plant amid national renewables push
TEHRAN – Iran’s largest solar power plant located in central Tehran is nearing completion and will soon come online as part of a sweeping national push to expand renewable energy, a senior official said.
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Iran boosts oil output by 38,000 bpd at South Azadegan field
TEHRAN – Iran has increased crude oil production by 38,000 barrels per day (bpd) at its South Azadegan oilfield over the past 10 months, following the successful drilling and completion of 17 wells, the head of Petropars, the company developing the field, said.
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Petrochemical sector stays on track despite conflict, eyes annual targets
TEHRAN – Iran’s petrochemical industry remains committed to achieving its development goals for the current year, despite disruptions caused by a 12-day conflict triggered by Israeli airstrikes, a senior official said.
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Home appliance industry eyes strategic export plan to revive sector
TEHRAN – Iran’s National Home Appliance Manufacturers Association is drafting a strategic export plan as its top priority for the year, aiming to lift the industry out of prolonged stagnation, the association’s secretary general said.
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Petrochemical sector stays on track despite conflict, eyes annual targets
TEHRAN – Iran’s petrochemical industry remains committed to achieving its development goals for the current year, despite disruptions caused by a 12-day conflict triggered by Israeli airstrikes, a senior official said.
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By Mahnaz Abdi
Iran imports non-oil goods worth $354m from Russia in a quarter
TEHRAN- Iran imported non-oil commodities valued at $354 million from Russia during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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Iran boosts oil output by 38,000 bpd at South Azadegan field
TEHRAN – Iran has increased crude oil production by 38,000 barrels per day (bpd) at its South Azadegan oilfield over the past 10 months, following the successful drilling and completion of 17 wells, the head of Petropars, the company developing the field, said.
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Tehran to launch capital’s largest solar power plant amid national renewables push
TEHRAN – Iran’s largest solar power plant located in central Tehran is nearing completion and will soon come online as part of a sweeping national push to expand renewable energy, a senior official said.
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NIDC head elaborates on 5-year outlook of Iran’s drilling industry
TEHRAN- The managing director of the National Iranian Drilling Company (NIDC) explained the outlook for the development of the drilling industry in the country, and said: "The most important global indicator in the field of drilling is the reduction of unproductive times; so, we have reduced this indicator from 21 percent to about 9.6 percent and set a goal to reach below three percent."
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Iran’s heavy crude price rises 9.2% in June: OPEC
TEHRAN – The price of Iran’s heavy crude oil climbed by $5.88, or 9.2 percent, in June compared to May, reaching $69.13 per barrel, according to OPEC’s latest monthly report.
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Iran reaches tech to produce 11,500 strategic refinery equipment items domestically
TEHRAN – Iran has successfully localized the production of more than 11,500 strategic refinery equipment and components, according to the managing director of South Pars Gas Complex, a key player in the country’s gas industry.
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Thermal power capacity in Iran surpasses 77,000 MW
TEHRAN – Iran's thermal power generation capacity has exceeded 77,000 megawatts following the addition of new units to the national electricity grid, according to a statement released on Tuesday by the Thermal Power Plant Holding Company (TPPH).
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Govt. to launch international exchange as free zones signal interest in shareholding
TEHRAN – Iranian government is in the final stages of launching its long-anticipated international exchange, with several free trade zones expressing readiness to become shareholders, according to Reza Masrour, Secretary of the Free Trade and Special Economic Zones High Council.