Tag Archives | Hormozgan

Iran to Set Up New Petrochemical Hub in Coastal Region

The National Petrochemical Company of Iran finalized a plan on Monday to construct the country’s third petrochemical hub across a coastal region in the southern province of Hormozgan. In a meeting in Tehran on Monday, the CEO of the National Petrochemical Company of Iran, CEO of Iranian Mines and Mining Industries Development and Renovation (IMIDRO), […]

Iran Plans to Turn Jask to Oil Export Hub

Iran has defined plans to turn Jask Port into a major oil export terminal, a senior Iranian oil official said. Addressing an international conference on Monday, Nouredin Shahnazizadeh, the managing director of Petroleum Engineering and Development Company (PEDEC), said given the ongoing activities in the area, the port will turn into one of Iran’s main […]

15 Projects with over $880m Credit in Hormozgan

President’s arrived at Hormozgan Airport minutes ago to meet with people and open a number of industrial and construction projects in the southern province. Upon arrival at Bandar Abbas International Airport, Dr Hassan Rouhani was welcomed by the Supreme Leader’s Representative to Hormozgan province Ayatollah Gholamali Naeim Abadi, Governor General of Hormozgan province Fereydoun Hemmati, […]

Russia lends €1.2bn for Iranian Power Plant

By John Lee. Russia’s state-owned Vnesheconombank (VEB) has reportedly agreed to lend Iran’s Bank of Industry and Mines €1.2-billion over five years for the development of the  1,400-MW Hormozgan thermal power plant. According to PressTV, Russian President Vladimir Putin said in February that Moscow would grant a total of €2.2 billion to Iran for two […]

Omani Delegation Visits Iran for Trade Talks

An Omani trade delegation paid a visit to the southeastern Iranian southern port city of Jask, Hormozgan province, to discuss ways to improve economic ties between the two nations, a report said. Headed by Khamis bin Abdullah al Farsi, the director general of commerce at Oman’s Ministry of Commerce and Industry, the mission held a […]

New Gas Condensate Refinery Comes on Stream

The first phase of a new gas condensate refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps (IRGC) came into operation on Sunday. The ‘Persian Gulf Star’ gas condensate refinery came on stream during a ceremony held in the southern province of Hormozgan on Sunday with Iranian President Hassan […]

Doosan lands $186m Desalination Deal in Iran

South Korea’s Doosan Heavy Industries & Construction has won an order worth $186 million to build a seawater reverse osmosis desalination (SWRO) plant in Iran. The order was given by Iran’s Sazeh Sazan Company. The plant, called ‘SAKO SWRO‘ will be built at Bandar Abbas, the capital of Hormozgan Province, and is said to be the […]

Dubai-Based Company Eager to Finance Projects in Iran

Yellow Door Energy, a company with technical expertise in solar energy projects in the Middle East, has expressed willingness to finance two solar power plants in Iran. Representatives of the company, which is headquartered in the Emirati city of Dubai and is mostly owned by Adenium Energy Capital, held a meeting at the Renewable Energy […]