Rail freight through Iranian ports rises 14% in 5 months on year

Tehran – Iran moved about 3.6 million tons of cargo through its ports by rail in the first five months of the current Iranian calendar year (March 21-August 22), up 14 percent from the same period last year, the head of commercial affairs at Iran Railways said.

Iran, Azerbaijan to hold joint economic committee meeting next week

Tehran – The head of the Iran-Azerbaijan Joint Chamber of Commerce said the two countries will hold a meeting of their joint economic commitee in Tehran next week, with Azerbaijani Deputy Prime Minister Shahin Mustafayev attending, Tasnim news agency reported.

Iran, Russia discuss boosting economic co-op ahead of 19th joint committee meeting

Tehran – Iran’s Oil Minister Mohsen Paknejad on Wednesday met Russian Energy Minister Sergei Tsivilyov and Gazprom CEO Alexei Miller in Tehran to review economic cooperation and preparations for the next meeting of the Iran-Russia Joint Economic Committee, the Oil Ministry’s news agency Shana reported.

Iran’s industry minister visits Kabul to discuss trade barriers, joint projects

TEHRAN – A high-ranking Iranian economic delegation led by Industry, Mining and Trade Minister Seyed Mohammad Atabak arrived in Kabul on Monday for talks on boosting trade and investment with Afghanistan.

By Afshin Majlesi

Isfahan holds first investment expo to attract domestic, foreign capital

ISFAHAN – The first Isfahan International Investment Expo (ISINEX 2025) opened on Wednesday in the central Iranian city to attract domestic and foreign investment.

TCCIMA delegation visits China’s Khorgos trade hub

TEHRAN – A high-level delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) visited the Khorgos Free Economic Zone in China after completing meetings in Almaty, Kazakhstan, to explore opportunities for expanding economic ties.

Iran exports $800m in water, power engineering services in a year

TEHRAN – Iran exported around $800 million worth of water and power engineering services in the past Iranian calendar year (ended on March 20), the Energy Ministry said, highlighting growing regional demand for the country’s technical expertise.

Dairy exports jump 32% in Q1

TEHRAN – Iran’s dairy exports rose sharply in the first quarter of the current Iranian year (March 21 –June 21), driven by the use of subsidized raw milk, even as domestic consumption of dairy products declined.

Iran’s exports to Africa double in 5 months yr/yr

TEHRAN – Iran’s exports to Africa doubled in the first five months of the current Iranian year (March 21-August 22) compared with the same period last year, while imports from the continent declined, the head of the Africa office at the Trade Promotion Organization (TPO) said.

Oil output rises 3,000 bpd at South Azadegan field

TEHRAN – Daily oil production has increased by 3,000 barrels following the launch of well Fahliyan-52 at the South Azadegan field, raising the field’s total output to 61,900 barrels per day, Petropars Group said.

Tehran, Almaty eye joint trade hub with China’s Khorgos

TEHRAN – The head of Kazakhstan’s Association of Free Economic Zones has proposed creating a joint commodity exchange linking Tehran, Almaty and China’s Khorgos Free Economic Zone (FEZ), during a meeting with a Tehran Chamber of Commerce delegation led by its president, Mahmoud Najafi Arab.

NIGC raises gas supply to power plants by 2 bcm

TEHRAN – Iran has increased natural gas deliveries to its power plants by around two billion cubic meters (bcm) since the start of the current calendar year (late March 2025), bringing total supplies to 47.4 bcm by Sept. 11, according to the National Iranian Gas Company (NIGC).

NIDC builds 2nd mobile oil treatment unit

TEHRAN – The National Iranian Drilling Company (NIDC) has built its second mobile oil treatment (MOT) unit using in-house expertise and equipment, its managing director said.

Road transit through Iran reaches 6.5m tons in 5 months

TEHRAN – More than 6.5 million tons of goods were transited through Iran’s road network in the first five months of the current Iranian year (March 21 – August 22), according to the Road Maintenance and Transportation Organization.

NPC unveils petrochemical product specification system

TEHRAN – Iran’s National Petrochemical Company (NPC) launched a new system for technical specifications of petrochemical products, aimed at boosting transparency and supporting downstream industries.

Tehran, Yerevan discuss expanding energy cooperation

TEHRAN – Iran and Armenia have held talks on expanding cooperation in the energy sector, including trade in petroleum products and potential supplies of liquefied gas, during meetings between senior officials of the two countries.

Iran in talks with Chinese firms to expand solar, energy storage projects

TEHRAN – Iran is negotiating with several Chinese companies to develop solar power plants and battery energy storage systems (BESS) as part of efforts to boost renewable capacity, a senior official at the Iran Power Generation, Transmission and Distribution Company (Tavanir) said.

Iran, Pakistan, Turkey agree with ECO to revive ITI transit rail corridor

TEHRAN – Iran, Pakistan and Turkey have agreed with the Economic Cooperation Organization (ECO) to revive monthly freight services along the 6,540-km Istanbul–Tehran–Islamabad (ITI) rail corridor, aiming to cut trade times and boost regional competitiveness.

Projects defined to construct 3-MW solar power plants

TEHRAN- The executor of the 3-megawatt solar power plant projects elaborated on the process of constructing these power plants in the country.

Polymer products production capacity to reach 16m tons

TEHRAN- The managing director of Iran’s National Petrochemical Company (NOC) said the country’s polymer production capacity is planned to reach 16 million tons.

Over 65 bcm of sweet gas produced in South Pars in 5 months

TEHRAN- The managing director of the South Pars Gas Complex stated that in the first five months of this year, over 65 billion cubic meters of sweet gas and 79 million barrels of gas condensate were produced.

Tehran, Ashgabat push to boost rail transit, target 20m tons

TEHRAN – Iran and Turkmenistan agreed to draw up a joint action plan to expand rail cooperation and raise annual transit volumes to 20 million tons, including 6.0 million tons by rail, during talks between their transport ministers in Tehran on Sunday.

Iran Plast 2025 intl. exhibition opens in Tehran

TEHRAN – The 19th International Exhibition of Plastic, Rubber, Machinery, and Equipment (IRAN PLAST 2025) opened on Monday with the participation of senior Oil Ministry officials, petrochemical executives and industry representatives at Tehran’s Permanent International Fairgrounds.

Russia energy officials to visit Tehran for gas export deal talks: envoy

TEHRAN – Iran’s ambassador to Moscow said senior officials from Russia’s Energy Ministry will soon travel to Tehran on President Vladimir Putin’s orders to finalize a gas export agreement.

TPO chief urges stronger trade, transport links within SCO

TEHRAN – Iran’s Trade Promotion Organization (TPO) head called for stronger economic and logistics cooperation among Shanghai Cooperation Organization (SCO) members, stressing the need to streamline customs procedures, standardize regulations, and improve transport infrastructure to ensure sustainable growth in the region.