OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global demand - highlighting underlying tight supply in the oil market, even as recession fears drag oil prices lower.
OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global demand - highlighting underlying tight supply in the oil market, even as recession fears drag oil prices lower.
The project to transfer desalinated Persian Gulf water to Isfahan Province’s industries and mines will be completed in 30 months.
The executive operation of the project started in summer and is expected to be finalized by March 2025, the Energy Ministry’s news agency Paven reported.
When the project is over, 400 million cubic meters of water per year will be desalinated and delivered through 920 km of transmission lines to the central plateau.
There are seven waste-to-energy power plants in Iran with a capacity of 14 megawatts, most of which are either closed or working at half capacity due to technical, economic or legal hurdles, says the head of Economic, Social and Environmental Studies Office at the Renewable Energy and Energy Efficiency Organization (Satba).
“Negotiations are underway among the Energy Ministry, Interior Ministry and the Department of Environment to overcome the obstacles and add to the current low capacity,” ISNA also quoted Reza Samadi as saying.
If talks yield positive results, biomass plants with a total capacity of 400 MW will be built by the private sector, he added.
Exports from Mazandaran Province hit $120 million in the first five months of the current fiscal year (March 21-Aug. 22), registering a 22% growth compared with the corresponding period of last year, according to a local official.
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