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2019-05-10 20:18
Iran to launch organized forex market next week: fin. min.
TEHRAN- Iranian finance and economic affairs minister announced that an organized forex market will be launched in the country in the next week, IRNA reported on Friday.
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2019-05-10 20:17
Monthly non-oil trade at $4.8b
TEHRAN- The value of Iran’s non-oil trade stood at $4.87 billion during the first Iranian calendar month of Farvardin (March 21-April 20, 2019), ILNA reported, citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).
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2019-05-10 20:15
Côte d'Ivoire seeks boosting trade ties with Iran
TEHRAN – A high-ranking trade delegation from Ivory Coast National Union of Savings and Credit Cooperatives, known as COOPEC (Union Nationale des Coopératives d’Épargne et de Crédit de la Côte d’Ivoire) visited Iran to explore avenues of mutual trade.
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2019-05-10 20:14
Iran turning thermal power plants to combined cycle to save energy
TEHRAN – Iran has turned six percent of its thermal power plans into combined cycle plants in order to reduce greenhouse gases and save energy, IRNA reported, quoting an energy official.
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2019-05-10 19:56
Iran, Pakistan explore ways of boosting energy co-op
TEHRAN - Iranian Ambassador to Pakistan Mehdi Honardoost and Special Assistance to Pakistani Prime Minister on Petroleum Nadeem Babar held talks on Wednesday on the expansion of mutual energy ties.
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2019-05-10 19:54
China’s April Iranian oil intakes jump to 7-month high
TEHRAN - China’s Iranian crude oil imports in April rose to their highest level since August, Reuters reported, citing Refinitiv data.
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2019-05-10 19:53
Cutting Iranian oil supplies to cost Japanese refiner nearly $1m per month
TEHRAN – The President of Japan’s Fuji Oil Company said replacing Iranian oil supplies is going to cost the company an extra 100 million yen ($911,000) each month, Reuters reported.
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2019-05-10 16:45
South Pars daily gas production to rise 60 mcm by March 2020
TEHRAN- Daily gas production in South Pars gas field (Iran shares with Qatar in the Persian Gulf) will be increased by 60 million cubic meters (mcm) by the end of current Iranian calendar year (March 19, 2020), according to the managing director of Pars Oil and Gas Company (POGC).
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2019-05-09 00:12
Stock market issues 55,000 trading codes in a month
TEHRAN- Some 55,000 new trading codes were issued in the Iranian stock market during the first month of current Iranian calendar year, Farvardin (March 21-April 20), IRNA quoted Hossein Fahimi, the managing director of Central Securities Depository of Iran (CSDI), as saying.
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2019-05-09 00:09
NIDC to dig 23 wells in South Azadegan Oilfield by Mar. 2020
TEHRAN- National Iranian Drilling Company (NIDC) will dig 23 new wells in South Azadegan Oilfield by the end of current Iranian calendar year (March 20, 2020), according to a director in NIDC.
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2019-05-09 00:06
Nominal electricity generation capacity exceeds 80.5GW
TEHRAN – Nominal electricity generation capacity in Iran has reached 80,509 megawatts (80.509 gigawatts), IRNA reported on Wednesday.
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2019-05-08 19:36
Salih insists on extending Iranian energy waivers in talks with Pompeo
TEHRAN – Iraqi President Barham Salih and U.S. Secretary of State Mike Pompeo discussed the extension of waiver over U.S. sanctions on Iran’s energy exports to Iraq, ISNA reported citing Iraqi news portal Alsumaria.
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2019-05-08 19:35
‘U.S. sanctions present opportunity for Iran, Cuba to expand trade ties’
TEHRAN – The U.S. sanctions on Iran could be considered an opportunity for Iran and Cuba to expand economic ties in line with politic cooperation, the Ambassador of Cuba in Iran Alexis Bandrich Vega said on Tuesday.
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2019-05-08 19:29
Pakistan determined to complete IP pipeline, PM Khan says
TEHRAN – Pakistan is determined on completing the Iran-Pakistan gas pipeline known as IP pipeline which is aimed to send Iranian gas to Pakistan, IRNA reported, quoting Prime Minister Imran Khan as saying on Tuesday.
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2019-05-08 17:12
South Pars phases 4, 5 go through overhaul operations
TEHRAN - The overhaul operations of the phases 4 and 5 of the giant South Pars gas filed (which Iran shares with Qatar in the Persian Gulf) has finished and the mentioned phases are operating at their optimum level, Tasnim news agency reported on Wednesday, quoting a refinery official.
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2019-05-07 22:58
Iran’s renewable power generating capacity hits 700MW
TEHRAN- The capacity of generating electricity from renewable resources has reached 700 megawatts (MW) in Iran, IRNA reported on Tuesday quoting a renewables official.
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2019-05-07 22:50
Iran, Kazakhstan call for expansion of ports, maritime co-op
TEHRAN - Kazakh Ambassador to Tehran Askhat Orazbay and Iran’s Ports and Maritime Organization (PMO) Head Mohammad Rastad met on Tuesday to discuss expansion of cooperation in maritime, ports, transit and transportation.
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2019-05-07 22:10
Annual steel ingot exports at over 4.8m tons
TEHRAN- Iran exported 4.899 million tons of steel ingot during the past Iranian calendar year (ended on March 20, 2019), IRNA reported citing the data released by the Iranian Steel Producers Association.
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2019-05-07 22:03
‘Sanctions resulted in Iran’s self-sufficiency in water, power industries’
TEHRAN - Iranian Energy Minister Reza Ardakanian said that the sanctions have brought self-sufficiency for Iran in water and power industries, Fars news agency reported.
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2019-05-07 19:50
Near 5m tons of cargos loaded, unloaded at Shahid Rajaee Port in a month
TEHRAN- Near five million tons of cargos have been loaded and unload at Iran’s largest container port, Shahid Rajaee, during the first Iranian calendar month of Farvardin (March 21-April 20, 2019), Director General of Ports and Maritime Department of Hormozgan Province Allah-Morad Afifipour announced.
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2019-05-07 19:44
Croatia planning to maintain trade ties with Iran: envoy
TEHRAN - Ambassador of Croatia to Tehran Drago Štambuk said his country is making all efforts to maintain trade with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
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2019-05-07 19:40
Iraq defies U.S. request for cutting gas, electricity imports from Iran
TEHRAN – Iraq has rejected the U.S. demand for cutting its energy ties with Iran, IRNA reported on Tuesday, citing Iraqi media.
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2019-05-06 21:49
‘CBI to launch mechanism to ensure stability in foreign currency market’
TEHRAN – Central Bank of Iran (CBI) is going to launch a new mechanism to control the exchange rates in the country’s foreign currency market, Mehr news agency reported quoting an official with the bank.
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2019-05-06 21:33
2,200 industrial units to back online by Mar. 2020: industry min.
TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani said 2,200 industrial units will come back to the production cycle by the end of current Iranian calendar year (March 19, 2020), IRNA reported.
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2019-05-06 21:26
Brazil seeks to import petrochemicals from Iran: envoy
TEHRAN- Brazil wants to import petrochemical products from Iran as the cost of producing these products is high in the Latin American country, Brazilian Ambassador to Iran Rodrigo de Azeredo Santos stated.
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2019-05-06 21:25
Iran, Iraq hold meeting on Joint Trade Committee establishment
TEHRAN – Following the agreements on establishing an Iran-Iraq trade committee, officials from the two sides held a meeting to discuss the issue, the portal of Trade Promotion Organization (TPO) of Iran reported on Sunday.
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2019-05-06 21:23
Touraj Dehqani Zanganeh appointed new head of Iran Air
TEHRAN – Touraj Dehqani Zanganeh was appointed as the new managing director of Iran’s National Airline (Iran Air), IRNA reported.
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2019-05-06 21:00
India considering new bank to facilitate trade with Iran
TEHRAN - Indian Ambassador to Tehran Gaddam Dharmendra said India is considering a new bank besides UCO bank for undertaking trade with Iran, IRIB reported.
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2019-05-05 20:56
‘Iran completely self-sufficient in constructing power plants’
TEHRAN – Iran is completely self-sufficient in constructing any types of power plants, IRIB reported on Sunday, quoting MAPNA Group’s managing director.
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2019-05-05 20:54
Iran’s offshore oil production steady: IOOC
TEHRAN – The managing director of Iranian Offshore Oil Company (IOOC) said the country’s offshore oil production hasn’t experienced any reduction and some of the May cargoes have been loaded to be shipped, Bloomberg reported.
