Tag Archives | Kermanshah

Earthquake Response shows Iranians’ Nationalism, Mistrust of Authorities

By Saeid Jafari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. A powerful 7.3 magnitude earthquake struck an area straddling the Iran-Iraq border on Nov. 12. Iran’s western province of Kermanshah was the hardest hit with over 400 fatalities. Sympathies immediately began pouring in from […]

Iran Earthquake caused Damage worth €5bn

By John Lee. Last week’s deadly earthquake in Iran has reportedly caused more than €5 billion of damage. The quake, measuring 7.3 on the Richter scale, hit Kermanshah province on Sunday 12th November, killing more than 400 people. Its epicenter was near Halabjah, southeast of Iraq’s Sulaymaniyah. (Source: Hindustan Times) (Picture credit: Tasnim, under Creative Commons […]

Quake Death Toll Rises to 372

With successive aftershocks still rumbling through western Iran more than 18 hours after a massive earthquake on Sunday night, the province of Kermanshah, hit hardest by the temblor, declared three days of mourning. Western regions of Iran, particularly residential areas in the province of Kermanshah, have felt scores of tremors, some even measuring greater than […]

Baghdad may Export Kirkuk Oil to Iran

By John Lee. Iraq‘s State Oil Marketing Organization (SOMO) has reportedly confirmed that talks are ongoing between Baghdad and Tehran to export crude oil from Kirkuk to the Kermanshah refinery (pictured) in Iran. SOMO Director Alaa al-Mussawi is quoted as saying that trucks would initially supply 15,000 barrels of crude oil per day (bpd) to […]

New Hydroelectric Power Plant in Western Province

Iran inaugurated the first unit of a new hydroelectric power plant in the western province of Kermanshah that increased the country’s nominal capacity to produce electricity to more than 77,100 megawatts (MW). The first unit of the Darian power plant in Kermanshah was recently connected to the national grid, increasing the country’s nominal capacity from […]

Iran, Iraq in Joint Energy Cooperation

Iran and Iraq have stated a new round of discussions to promote cooperation in the energy field. The talks were led by Iran’s Petroleum Minister Bijan Zanganeh and his visiting Iraqi counterpart Jabbar al-Luaibi in the Iranian capital Tehran. Top on the agenda of their meeting included developing the oil fields that the two countries […]

Iran Khodro Kermanshah Launched

Iran Khodro Kermanshah Company with a nominal capacity of 30,000 units per annum and two working shifts launched in the presence of the first Vice President, Minister of Industry, Mine and Trade, the Company’s CEO and a group of senior managers of Iran Khodro Industrial Group. The site is supposed to give a hand in […]

Iran and France sign five Agreements

By John Lee. Iran and France have signed five agreements at the end of a business forum hosted by the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). The Memorandums of Understanding (MoU’s) included a cooperation document for development of Mashhad International Airport, two involving the Iranian Fisheries Organization, one for the construction of […]

Iran’s Pipeline Politics reaches Iraqi Kurdistan

By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. For the past two decades, energy interconnectivity has been one of the pillars of Iran’s regional relations. From the early days of the so-called oil swap deals between Iran and Central Asia in the […]

Iran Plans big Oil-Refinery Expansion

Iran plans to build five new refineries over the next four years to increase capacity from its current level of 1.85 million bpd to about 3.2 million bpd. Abbas Kazemi, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) told Bloomberg that the country also needs about $14 billion in investment to […]

West Ethylene Pipeline Breaks Record in Feedstock Supply

The West Ethylene Pipeline has set a new record in supplying feedstock to 8 petrochemical plants along its way, a petrochemical official said. Ali-Mohammad Bossaqzadeh, director of production control at National Petrochemical Company (NPC), said the pipeline supplies 140 t/h of ethylene to the petrochemical plants which is unprecedented record. Arvand, Qadir, Rejal, Amir Kabir, […]