Thousands of Argentines took to the streets on Thursday (April 19) night to protest a sharp spike in gas and electricity rates imposed by the government, as President Mauricio Macri continued to cut subsidies that had ballooned under his predecessor.
The first phase of gas supply to Chabahar power plant will be complete by late May delivering a million cubic meters per day of natural gas to the facility, said an official at National Iranian Gas Company (NIGC).
The prudent policy stipulated by Leader of the Islamic Revolution to support the Iranian products is a step in right direction which should be followed seriously to attain economic development, first vice-president said.
National Iranian Oil Company (NIOC) is in talks with several upstream companies on developing 22 oil and gas fields in Iran, announced the company's deputy head for engineering and development affairs.
Iran is about to save $300 million a year after inaugurating an offshore project which will stop flaring gas in the Persian Gulf, said Managing Director of Iranian Offshore Oil Company (IOOC) Hamid Bovard on Saturday.