Tag Archives | Khatam Al Anbia

IRGC Construction to Finish 40 Mega-Projects by Yr-End

Commander of Khatam al-Anbia Construction Base, a conglomerate belonging to the Islamic Revolution Guards Corps (IRGC), pledged that his forces will complete 40 mega-projects in the current Iranian year, which began on March 21. Addressing a meeting on “Resistance Economy” at the Lorestan gubernatorial office in west Iran, General Ebadollah Abdollahi said the Khatam al-Anbia […]

Iran’s Economy a ‘Masterpiece of Structural Ambiguity’

By Ali Dadpay for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The economy dominated Iran’s recent presidential election. Hassan Rouhani, the incumbent, argued that integration into the global economy is the only path to prosperity and job creation, while his rivals accused his administration of […]

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 […]

New Refinery to Make Iran Exporter of Gasoline

A new gas condensate refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps (IRGC) will not only help meet the country’s domestic demands for gasoline, but also allow for the export of petroleum, the commander of the IRGC announced. After coming into operation, the ‘Persian Gulf Star’ gas condensate […]

IRGC Construction Base to Finish 10 “Mega-Projects”

Commander of Khatam al-Anbia Construction Base, a conglomerate belonging to the Islamic Revolution Guards Corps (IRGC), said it is going to complete ten major projects in the new Iranian year, which began on March 21. The ten mega-projects are of great significance from a national viewpoint, General Ebadollah Abdollahi said in a meeting with the […]

Iran closer to rolling out new oil project contracts

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Dispute remains ongoing over whether parliamentary approval is required for the Iran Petroleum Contract (IPC), a new oil and gas contract model rolled out by the government for upstream projects. Conservative lawmakers want to […]

IRGC Firm Ready for Caspian Water Transfer Project

Khatam al-Anbia Construction Base, a conglomerate belonging to the Islamic Revolution Guards Corps (IRGC), expressed readiness to embark on a project on channeling water from the Caspian Sea to the central parts of Iran. Speaking to the Tasnim News Agency on Wednesday, commander of the base General Ebadollah Abdollahi said plans for the giant water […]

IRGC Could Replace Koreans in Freeway Project

The CEO of Iran’s Construction and Development of Transportation Infrastructure Company (CDTIC) said the company is ready to sign a deal with the Khatam al-Anbia Construction Base for the construction of Tehran-Shomal Freeway, should the Korean company fail to implement the mega project. Speaking to the Tasnim News Agency, Ali Nourzad said the Tehran-Shomal Freeway […]

IGRC-Linked Companies may Partner with IOCs

The man responsible for Iran’s new oil contracts has said that domestic companies linked to the Islamic Revolutionary Guards Corp (IRGC) may be approved to partner international oil companies (IOCs) in joint ventures. Seyed Mehdi Hosseini, head of the Oil Contracts Restructuring Committee, said: “The point of these Revolutionary Guards is that they are engineering companies, […]