Hopes and Fears at Energy Market

TEHRAN, (Shana) — Russia-Saudi Arabia relations has its own complicated aspects. At the first glimpse, due to geographical distance, the Moscow-Riyadh ties do not seem to be complicated; however, the fact that they are sensitive to one another could not be disregarded. Either side wields tools to influence the other side. Moreover, they are considered…

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Khark Petchem Plant 8-Months Revenues at $246m

TEHRAN, Dec. 25 (Shana) — Khark Petrochemical Plant has generated 246 million dollars in revenues in the first 8 months of the current Iranian calendar year which began on March 21. The plant supplied 771,000 tons of petrochemicals during the period, NIPNA reported. Operating at 102% of its nameplate capacity and one of the oldest…

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