Tag Archives | Hormuzgan

Italy to build Solar Power Plant in Iran

By John Lee. An Italian company has reportedly signed agreement to build the first solar power plant of the Iranian southern Hormuzgan province. According to IRNA, the plant will have a capacity of 100 MW and its construction will require an investment of €140 million. (Source: IRNA)

PSEZ “Best Choice” for Petchem Investment

Iranian Minister of Petroleum Bijan Zangeneh says the Parsian Special Economic Zone (PSEZ) is the best place for petrochemical investment. Addressing a meeting of senior petroleum ministry officials held to discuss investment opportunities in the zone Sunday, the official voiced Iranian Ministry of Petroleum’s keenness to invest and support investments in the region. He expressed […]

NIOC, Barcelona University Ink Exploration Deal

By John Lee. The National Iranian Oil Company (NIOC) says it has signed a deal with the Spanish University of Barcelona to conduct geological and geophysical studies for discovery of hydrocarbons in Iran. Hormoz Qalavand, the director for exploration affairs of the NIOC, said the studies will be focused on southern regions of Zagros sedimentary […]