Iran to improve electricity exports to neighbors
(MENAFN) An energy official said that electricity production companies in Iran are ready to expand exports to neighboring markets, Iran Daily reported.
"Given the country's current situation and the decline in oil price, Iranian electricity companies have expressed their readiness to boost the export of technical and engineering services to neighboring countries," the head of the Board of Directors of Iran's Electricity Industry Syndicate, said.
He highlighted the potential of electricity markets in neighboring countries like Azerbaijan and Armenia and showed that the government is expected to support non-oil exports at a time when the oil price is falling in the global market.
Iran Deputy Energy Minister announced that Iran plans to become the regional energy hub, in view of its strategic location, high capabilities in establishing power plants and the suitable grounds for electricity exchange with neighboring countries.
"Given the country's current situation and the decline in oil price, Iranian electricity companies have expressed their readiness to boost the export of technical and engineering services to neighboring countries," the head of the Board of Directors of Iran's Electricity Industry Syndicate, said.
He highlighted the potential of electricity markets in neighboring countries like Azerbaijan and Armenia and showed that the government is expected to support non-oil exports at a time when the oil price is falling in the global market.
Iran Deputy Energy Minister announced that Iran plans to become the regional energy hub, in view of its strategic location, high capabilities in establishing power plants and the suitable grounds for electricity exchange with neighboring countries.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
- Tradesta Becomes The First Perpetuals Exchange To Launch Equities On Avalanche
- Nigel Farage To Headline At UK's Flagship Web3 Conference Zebu Live 2025
- Dexari Unveils $1M Cash Prize Trading Competition
- Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Cryptofinance Solutions
- “Farewell To Westphalia” Explores Blockchain As A Model For Post-Nation-State Governance
- Digital Gold ($GOLD) Officially Launches On Solana, Hits $1.8M Market Cap On Day One
More Story
Comments
No comment