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2025-04-07 14:25
Energy Ministry prepares 36 electricity consumption management packages
TEHRAN- Iran’s deputy energy minister announced the preparation of 36 consumption management packages in the electricity sector for the first time and said: "Consumption management is the front line of controlling and reducing the imbalances in the electricity industry; advancing this issue requires serious management and action."
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2025-04-07 13:49
Iran-China annual non-oil trade stands at $34.1b
TEHRAN - The value of non-oil trade between Iran and China stood at $34.1 billion in the past Iranian calendar year, which ended on March 20, 2025, according to an official with the Islamic Republic of Iran Customs Administration (IRICA).
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2025/04/06
By Mahnaz Abdi
CNG development seriously on the agenda
TEHRAN- Due to the importance of compressed natural gas (CNG) in reducing dependence on gasoline and improving air quality, multiple plans have been put in place to develop the infrastructure of this industry and increase its consumption in the country.
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2025-04-06 13:37
Iran-Eurasia trade grows 2.2-fold as focus shifts to corridor transport, infrastructure
TEHRAN – Trade between Iran and member states of the Eurasian Economic Union (EAEU) has expanded 2.2 times since the implementation of a preferential trade agreement in November 2019, according to Mirhadi Seyyedi, advisor on international affairs and trade agreements at Iran’s Trade Promotion Organization (TPO).
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2025-04-06 13:18
Iran’s annual non-oil exports rise to $57.8b
TEHRAN – Iran exported over 152 million tons of non-oil goods worth $57.8 billion in the past Iranian calendar year, which ended on March 20, 2025.
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2025-04-05 16:55
Iran exports non-oil goods worth $2.2b to Afghanistan in 11 months
TEHRAN- Iran exported non-oil commodities valued at $2.2 billion to Afghanistan during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-04-05 16:21
Drilling of 100 oil, gas wells completed in a year
TEHRAN - National Iranian Drilling Company (NIDC) completed the drilling and finalization of 100 oil and gas wells across onshore and offshore fields in the Iranian calendar year 1403 (ended on March 20), the company’s head said, bringing the total number of wells drilled since its inception to 5,154.
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2025-04-05 16:21
Daily gasoline output reaches 120m liters amid push to curb energy imbalance
TEHRAN - Iran's total daily gasoline production—including refinery output and reserves—has reached approximately 120 million liters, a senior oil official said, as the country pushes to bridge the growing gap between supply and consumption.
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2025-04-04 15:27
Iran exports non-oil goods worth $2.2b to Pakistan in 11 months
TEHRAN – Iran exported non-oil commodities valued at $2.2 billion to Pakistan during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-04-04 15:25
Iran, Turkmenistan agree to launch pilot passenger train service
TEHRAN – Iran and Turkmenistan have reached an agreement to launch a pilot passenger train service and increase rail freight capacity to 400 wagons, Iran’s transport minister said upon returning from Ashgabat.
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2025-04-04 15:06
Major contracts signed in Iran’s oil, gas industry in a year
TEHRAN – Iran’s Oil Ministry subsidiaries recorded a strong performance in the previous Iranian calendar year (ended on March 20) by signing notable medium- and large-scale contracts, marking a significant step toward expanding the country’s hydrocarbon industry.
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2025-04-02 16:04
Iran exports non-oil goods worth $1.8b to India in 11 months
TEHRAN- Iran exported non-oil commodities valued at $1.8 billion to India during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-04-02 15:59
Abadan Refinery’s output increases 3m liters
TEHRAN- The managing director of Abadan Refinery announced a production increase of about three million liters of gasoline in this refinery in the 14th government and said: “Abadan Refinery supplies about 17 percent of gasoline, 22 percent of gas oil, and 42 percent of fuel oil to the country.
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2025-04-02 15:39
Iran's 11-month non-oil import from Russia stands at $1.2b
TEHRAN- Iran imported non-oil commodities valued at $1.2 billion from Russia during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-29 16:32
Petrochemical industry to support new investments
TEHRAN- The acting head of Investment Management Department at the National Petrochemical Company (NPC) announced that attracting new investments in the new Iranian calendar year (began on March 21), aimed at boosting production and completing the value chain, is a key strategy.
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2025-03-29 16:22
Building small refineries with public investments on agenda: oil minister
TEHRAN- Oil minister emphasized prioritizing refining projects based on the available financial resources, and stated that attracting public investments for implementing small-scale refining projects is on the agenda.
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2025-03-29 15:59
Iran, Turkmenistan discuss expansion of economic, transport ties
TEHRAN- During the trip of Iranian Transport and Urban Development Minister Farzaneh Sadeq to Turkmenistan, officials from the two countries discussed the expansion of relations in different economic and transport areas.
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2025-03-28 03:44
‘Power plant industry being prepared for private sector investment’
TEHRAN- Iranian Energy Minister Abbas Aliabadi said that the country’s power plant industry is being prepared for the attraction of private sector investment.
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2025-03-28 03:43
Iran's 11-month non-oil export to UAE stands at $6.6b
TEHRAN - Iran exported non-oil commodities valued at $6.6 billion to the United Arab Emirates (UAE) during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-28 03:43
Annual steel production in Iran reaches 30m tons
TEHRAN – Iran’s steel production hit 30 million tons in the past Iranian calendar year 1403 (ended on March 20, 2025), the chairman of the Iranian Steel Producers Association (ISPA).
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2025-03-26 02:20
SEO head outlines 5 plans to enhance efficiency, transparency in capital market
TEHRAN- The head of Iran Securities and Exchange Organization (SEO) outlined the five major plans for enhancing efficiency and transparency in the capital market in the new Iranian calendar year, which began on March 21.
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2025-03-26 02:19
Iran exports non-oil goods worth $11.2b to Iraq in 11 months
TEHRAN- Iran exported non-oil commodities valued at $11.2 billion to Iraq during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-26 02:19
Iran, Russia being prepared for Joint Economic Committee meeting
TEHRAN- Russian Energy Minister Sergey Yevgenyevich Tsivilyov visited Iran’s Embassy in Moscow to meet with Iranian Ambassador to Russia Kazem Jalali. The meeting resulted in an agreement to hold the 18th meeting of the two countries’ Joint Economic Committee during April 22-24.
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2025-03-25 19:48
TEDPIX gains 28,700 points in first day of new year
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 28,700 points to 2,740,715 on Tuesday, the first working day in the new Iranian calendar year, which began on March 21.
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2025-03-25 19:37
Iran-China non-oil trade stands at $30.4b in 11 months
TEHRAN - The value of non-oil trade between Iran and China stood at $30.4 billion during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-25 19:17
NPC should strengthen its share in export markets: managing director
TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) said that the company should strengthen its share in the export markets through precise planning.
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2025-03-24 03:41
PGSR’s daily gasoline production up 4m liters in H2
TEHRAN- The daily production of gasoline in Iran’s Persian Gulf Star Refinery (PGSR) has risen by four million liters in the second half of the past Iranian calendar year (March 20-Septemeber 20, 2024), the managing director of Persian Gulf Star Oil Company announced.
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2025-03-24 03:40
Energy Ministry to implement 14 mega projects to tackle energy imbalance
TEHRAN- The minister of energy announced the implementation of 14 mega projects by the Energy Ministry to address electricity imbalance in the country in the new Iranian calendar year (started on March 21).
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2025-03-24 03:39
Iran exports non-oil goods worth $6.4b to Turkey in 11 months
TEHRAN – Iran exported non-oil commodities valued at $6.4 billion to Turkey during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-17 12:03
Iran exports commodities worth $95.3m to Kyrgyzstan in 10 months
TEHRAN- Iran exported commodities valued at $95.322 million to Kyrgyzstan in the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), the spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade announced.