Mehr Economic News Digest
November 3, 2003 - 0:0
TEHRAN (Mehr News Agency) -- Economic news headlines in major Tehran dailies on Sunday: -- ABRAR "Exports of Dried Nuts to Increase 10 Percent" Mohammad-Hassan Shams-Fard, the chairman of Iran’s Union of Dried Nuts Exporters, said on Saturday that Iran's exports of dried nuts over the past Iranian calendar year of 1381 (March 2001-2002) stood at 160,000 tons worth 600 million dollars, stressing that the exports are expected to rise 10 percent by the end of the current year of 1382 (March 20, 2004). -- ABRAR-E EQTESADI "Official Says Iran Has 76 Active Oil and Gas Fields" Eskandar Bavarian, an advisor to the National Iranian Oil Company (NIOC), said on Saturday that Iran has 76 active oil and gas fields, adding that 30 fields have been contracted to Iranian and overseas companies, and 28 to domestic oil and gas enterprises. -- AFARINESH "Iran’s Banks to Give Credits of Dlrs 300m for Rebuilding Iraq" Iran’s Ministry of Economy and Financial Affairs has authorized Iranian banks to provide investors with 300 million dollars in terms of banking facilities to start reconstruction programs in Iraq. -- AFTAB-E YAZD "Iran's Per Capita Income at Dlrs 6,000" Mohammad-Reza Vaez Mahdavi, the deputy director for social affairs of the Management and Planning Organization (MPO), said on Saturday that Iran's current per capita income stands at 6,000 dollars, stressing that the Fourth National Development Plan (2005-2010) will try to promote the income, as well as the social welfare of the people. -- ENTEKHAB "Iran's Steel Imports up 119 Percent" Secretary of the Association of Steel Producers said on Saturday that Iran had imported over three million tons of steel to the country over a period of six months starting March 21, stressing that this indicated a growth of about 119 percent compared to a similar period last year. -- ETTELA’AT “EC Debates Outlines of Fourth Development Plan (2005-2010)” The Expediency Council (EC) on Sunday morning discussed the outlines of the Fourth National Development Plan (2005-2010). During the EC meeting attended by the heads of the three branches of the government the general policies of the country in areas such as social affairs, politics and security were discussed and 20 articles of the plan were accordingly approved. -- HAMSHAHRI "Khatami Urges Cultural, Industrial Sectors to Cooperate" President Mohammad Khatami on Saturday underscored the need that Iran’s cultural and religious domains of the country cooperate with industrialists in promoting an industry which is based on religious and cultural tenets. -- IRAN "U.S. Vows to Block WB Loans to Iran" Deputy Assistant Secretary of the US Treasury Department William Schuerch has said that the US will strongly use all its facilities to hamper all WB financial assistance offers to Iran. Schuerch has told a Congress meeting that this policy will continue until Washington's desired reforms are implemented in Iran. -- IRAN DAILY "4 Oil Majors Invited to Develop Azadegan" Iran has invited four major oil companies to take part in a limited tender to develop the giant Azadegan oil field, a senior oil industry official has said, adding that the negotiations are currently underway with the four firms. -- IRAN NEWS "SGO to Buy Surplus Domestic Wheat" For the first time in Iran, the State Grains Organization (SGO) has decided to buy the extra domestic wheat up to the end of the current Iranian calendar year of 1382 (ending March 20, 2004), the Director of the SGO Department of Finance and Administration Mohsen Sarkhu said on Saturday. -- JAAM-E JAM “Ambiguity Over Fate of Mansouri Land Dispute Continues” Officials at the National Iranian Company of Southern Oil-Rich Areas have expressed hope that the case on the dispute with local farmers over the ownership of the lands on which the Mansouri oil field is established would be resolved soon, stressing that this would save the country’s national interests considering that the field has a daily production of 120,000 barrels. -- JOMHOURI-YE ESLAMI “Iran’s Production of Gas Oil to Hit 73.2m Liters a Day Next Year” Director General of the National Iranian Oil Production and Distribution Company (NIOPDC) Mohammad Aqaei said on Saturday that Iran’s production of gas oil will reach as high as 73.2 million liters a day in the next Iranian calendar year of 1383 (starting March 20, 2004). -- KAR-O KAREGAR "Zanganeh to Appear at Majlis on Statoil Controversy on Tuesday" Oil Minister Bijan Namdar Zanganeh will appear at the Majlis on Tuesday to answer the questions of MPs regarding the alleged involvement of an Iranian oil company in the recent financial scandal of the Norwegian Statoil company. -- KAYHAN “MP Vows to Raise Again Motion to Impeach Transport Minister Khorram” Member of Majlis Development Committee Mohammad Rezaei on Saturday expressed regret that Majlis Presiding Board had taken a politically motivated decision to reject a motion to impeach Transport Minister Ahmad Khorram, stressing that he and several other MPs would once again follow up the motion to impeach Khorram. -- KAYHAN INTERNATIONAL "Disputed Oil Field Produces Dlrs 2.5m in Revenues a Day" Closure of a disputed Southern oil field with a daily production of 120,000 barrels and 20 million cubic feet of gas will cut Iran's national revenues by 2.5 million dollars a day. The closure of the Mansouri field will bring the production of tens of oil wells to a halt. -- SIASAT-E ROOZ "No Iranian Contractor Can Supply Dlrs 1bn in Oil Projects" Director of the Planning and Budget Department of Oil Ministry Akbar Torkan said on Saturday that as long as no Iranian contractor can supply at least one billion dollars for implementation of projects in the area of oil and gas, Iran will have to encourage overseas enterprises to cooperate with Iranian companies in oil and gas projects. -- SEDA-YE EDALAT "Iran to Install Four New Oil Platforms" Director of the project to develop Sorush oil field Mahdi Attriyanfar said on Saturday that Iran is considering establishing four new platforms in Sorush and Noruz oil fields by next March, stressing that this will boost oil production in those fields to as high as 190,000 bpd. -- TEHRAN TIMES "Iran's Crude Oil Revenues at Dlrs 56.3b Over Three Years" Iran's exports of crude oil over the first three years of the Third Five-Year National Development Plan (2000-2005) had generated 56.3 billion dollars in terms of national revenues. The revenues had been 61 percent ahead of the target plan, and indicated an average growth rate of 9.6 percent a year. -- YASS-E NO "Govt. Allocates Rls 500bn to Rafsanjan Farmers" Deputy Commerce Minister Mojtaba Khosrowtaj said on Saturday that the government has allocated 500 billion rials in banking facilities to agricultural cooperatives in the southern city of Rafsanjan to enable them to purchase the product from pistachio farmers on time. AA/IS End MNA