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2025-09-15 15:57
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.
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2025-09-15 15:42
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.
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2025-09-14 16:32
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.
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2025-09-14 15:53
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).
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2025-09-14 15:43
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.
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2025-09-13 15:28
Kazakhstan shows demand for Iranian petrochemical products, trade envoy says
TEHRAN – Kazakhstan continues to seek imports of petrochemical products, including from Iran, despite its own investment in domestic production, according to Iran’s commercial attaché in the country.
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2025-09-13 15:17
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.
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2025-09-13 14:58
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.
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2025-09-12 15:43
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.
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2025-09-12 15:37
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.
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2025-09-12 15:35
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.
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2025-09-10 23:45
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.
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2025-09-10 23:39
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.
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2025-09-10 23:33
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.
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2025-09-08 14:03
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.
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2025-09-08 14:03
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.
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2025-09-08 14:03
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.
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2025-09-07 15:34
Exports outpace imports in Iran-Kazakhstan trade
TEHRAN- Iran's Commercial Attaché in Kazakhstan, referring to the volume of trade between the two countries, reported an increase in exports compared to imports from Iran to Kazakhstan in the first three months of the current Iranian calendar year (March 21-June 21), as compared to the same period of time in the past year.
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2025-09-07 15:07
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.
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2025-09-07 14:57
Iran, Astrakhan officials push trade, transport ties under INSTC
TEHRAN – Iran’s consul general in Astrakhan Ahmad Heydarian, met with the governor of the Russian province to discuss trade, transport, and cultural cooperation.
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2025/09/06
Historic Visit to China: A Launchpad for Iran’s Multilateral and Resilient Economy
TEHRAN- President Masoud Pezeshkian’s recent visit to China and participation in the 25th Shanghai Cooperation Organization (SCO) Summit marked a pivotal moment in Iran’s economic diplomacy. With over 20 cooperation agreements signed and the proposal of innovative financial initiatives, the visit represents a strategic step toward strengthening Iran’s regional and global economic standing. Amid ongoing sanctions, the visit focused on reducing reliance on the U.S. dollar and expanding transit infrastructure, offering a promising outlook for Iran’s economic future.
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2025-09-06 16:33
Exports from mining sector exceeds $4.1b in 4 months
TEHRAN - Exports from Iran’s mining sector reached $4.132 billion in the first four months of the current Iranian calendar year (March 21-July 22).
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2025-09-06 15:34
Iran, Japan discuss ways to cooperate on road, housing, urban development research
TEHRAN- A meeting between representatives of the Japanese Embassy in Tehran and the Road, Housing and Urban Development Research Center of Iran was held at the Research Center with the attendance of the Center's President, the First Secretary and Head of the Economic Section of the Japanese Embassy in Iran, and their accompanying delegation, aiming to enhance the level and quality of bilateral cooperation.
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2025-09-05 16:36
Iran boosts monthly oil exports by 630,000 barrels: oil minister
TEHRAN – Iran’s oil exports rose by an average of 630,000 barrels a month in the first four months of the current Iranian year (March 21-July 22) compared with the same period last year, Oil Minister Mohsen Paknejad said on Wednesday.
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2025-09-05 16:28
Petchem output hits 32m tons in 5 months, $5.5b exported
TEHRAN – Iran produced 32 million tons of petrochemical products in the first five months of the current Iranian year to late August, with 13 million tons worth $5.5 billion exported, the head of the National Petrochemical Company (NPC) said.
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2025-09-05 16:27
Iran, China expand cooperation on energy projects
TEHRAN – The head of Iran’s Power Generation, Transmission and Distribution Company (Tavanir) said the country has stepped up collaboration with Chinese firms in areas such as smart grids, gas switchgear equipment, energy storage systems and other related technologies, with some production lines already operating inside Iran.
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2025-09-03 15:32
Nearly 200 idle mines revived in 4 months
Tehran – Implementation of Iranian Industry, Mine and Trade Ministry’s idle mines revival, activation, and development program has led to the restoration of 196 mines in the first four months of the current Iranian year.
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2025-09-03 15:05
Iran-China ties strengthened as SCO 2025 summit delivers historic outcomes
TEHRAN – The Shanghai Cooperation Organization (SCO) has achieved a series of historic milestones, with China-Iran relations emerging resiliently after navigating challenges over time. These achievements reflect a steadfast commitment to principled approaches and pragmatic policies, Chinese Ambassador to Iran Cong Peiwu said in a statement published by IRNA.
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2025-09-03 05:42
South Korea, Iran discuss ways to boost bilateral ties
TEHRAN- In a meeting between Kim Junpyo, Ambassador of South Korea to Iran, and Hamid Qanbari, the Iranian Deputy Foreign Minister for Economic Diplomacy, the two sides discussed ways to strengthen bilateral relations, the South Korean Embassy in Tehran reported.
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2025-09-02 16:43
ICC chief says cooperatives key to fair growth, sustainable development
TEHRAN – Cooperatives represent not only an economic model but also a practical philosophy for achieving equitable growth and sustainable development, the head of Iran Chamber of Cooperatives (ICC) said on Tuesday.