News in Brief

Oil exports jumped during Raisi’s tenure with low discounts: Ministry

The Iranian Oil Ministry announced on Wednesday that country’s oil exports surged during the three years of late president Ebrahim Raisi’s administration as Iran lowered discounts to its clients.
In a statement, the ministry rejected a report by Iranian Entekhab News website on “selling crude with heavy discounts to China was offered by Saeed Jalili,” noting that China was not the only destination of Iranian crude oil, Shana reported.
At the end of the previous government (August 2021), more than 90 million barrels of oil and gas condensate were stored in floating tanks on water, but with the beginning of the current government and the active marketing of the Oil Ministry, all these reserves were sold in a short period of time. “These kinds of fake news are failed attempt to downplay the positive performance of the Ministry of Oil of the current government in energy diplomacy and its achievements,” read the
statement.

 

Capacity of Iran’s wind power plants to rise by 5.5 times

The capacity of Iran’s wind energy power plants will increase by 5.5 times within the next two years, according to Mahmoud Kamani, the head of Iran’s Renewable Energy and Energy Efficiency Organization (SATBA).
As stated in a Wednesday report by IRNA, Kamani said that currently, the capacity of renewable power plants built in Iran stands at 1,195 MW, with wind power plants contributing 366.31 MW across the country.
He added that the goal is to construct 30,000 MW of renewable power plants by the end of the 7th Development Plan in March 2029.
Kamani said that wind energy plays a crucial role in achieving this target, accounting for 3,000 MW of the overall capacity.
He also emphasized that the late President Ebrahim Raisi’s government has contributed 343 MW to the total capacity of renewable projects, reflecting a remarkable 40% growth in renewable power plant development during this period.

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